The staff at Baring Futures Singapore pried open a drawer always kept locked by Nicholas Leeson in February. Prior to joining Highwoods, Mark served as Executive Vice President and Chief Financial Officer of Exco Resources, Inc. Before that, he served as Senior Vice President and Chief Financial Officer of Progress Energy, Inc. from 2008 until its merger with Duke Energy Corporation in 2012. He previously served on the Highwoods Board of Directors and Audit Committee from 2012 through 2014. Additionally, the strategies and funds may not be available to all investor types in all jurisdictions. Dr. Harris is also the Chief Executive Officer and Managing Partner of Vesalius Ventures, Inc. a venture capital firm that invests in early- to mid-stage healthcare technologies and companies. Since 2014, Mr. Byers has been engaged periodically as an independent . Position. CREATIVE. This mission continues to drive the firm today. This mission continues to drive the firm today. At Barings, we strive to act responsibly today in order to help deliver a more sustainable tomorrow. Historical context-"Corporate Portrait: The Economic Might of Barings Bank" Barings' team-based culture seeks to deliver long-term financial security and builds a sustainable future in service to our clients, colleagues and communities. Eric has worked in the industry since 1990 and his experience has encompassed leadership positions in investment management, investment banking, leveraged finance and risk management. Our team secures access to investments across the risk spectrum and around the globe, applying an active management approach designed to maximize each asset's potential. Topics: Barings Bank, Nick Leeson, Board of directors, Derivative. She is on several non-profit boards and active in the community with a focus on education, the arts, and homeless prevention. This is an incomplete list of Bank of England directors from the bank's foundation in 1694: . Implications of the Barings Collapse for Bank Supervisors. From 2011 until 2019, he served as Executive Director of Catawba Lands Conservancy, a nonprofit land trust. Ironsides and related entities serve as the manager and general partner to various funds and managed accounts for institutional clients. This mission continues to drive the firm today. In the non-profit sector, Robert serves as a director of the Massachusetts Eye and Ear Infirmary, and is a Trustee of the Childrens School of Science and the Sea Education Association. Before these roles, he served as the Lead Independent Director of MVC Capital, Inc., was an independent, nonexecutive director of Castle Private Equity AG, and was formerly a director of MPC Container Ships. Our global presence and longstanding expertise allows us to evaluate and capture the yield potential of illiquid and less liquid credit-based investments. Our broad capabilities allow us to go beyond traditional fixed income strategies and access investments spanning the quality, yield and liquidity spectrum. Jill works with C-suite executives as an executive coach and helps lead companies' efforts on talent strategies such as diversity and inclusion, employee engagement, and succession planning. He currently serves as Chief Executive Officer and Director of the National Math and Science Initiative, a non-profit organization focused on increasing student opportunities and achievement and teaching effectiveness in STEM education. In some jurisdictions this website may contain advertising. Barings's investors also lost out. In some jurisdictions this website may contain advertising. Through its insightful recommendations, the Board helps us constantly refine and improve our curriculum and programming. Our global presence and longstanding expertise allows us to evaluate and capture the yield potential of illiquid and less liquid credit-based investments. With over 300 global investment professionals positioned in local markets, and a flexible capital base, we can provide solutions across a range of private asset classes. On 26 February 1995, administrators were appointed to manage the affairs of the Barings Group parent company and a number of other companies within the Barings Group. 17. Create new Board. As for Barings, it become part of ING, the Dutch bank paying 1.00 for it in 1995. The wave of bank and savings and loan failures in the 1980s and early 1990s, and the resulting losses to deposit insurance funds, served to highlight the need for banks to hold sufficient capital . in Finance from the University of Virginia, McIntire School of Commerce. Former senior directors of Barings, the bank which collapsed in 1995, face being banned from acting as company directors for up to 15 years as a result of action being taken by the Department of . Thomas brings over 20 years of experience in the underwriting, structuring, distribution and trading of debt used for corporate acquisitions, leveraged buyouts, recapitalizations and refinancings. Jill received a Bachelor of Science from Clemson University and a Masters in Organization Behavior and Development from Fielding University. The Board of Directors collectively represents all shareholders. View Management Team View Board of Directors. In this capacity, she was both the Head of Human Resources for the Corporate and Investment Bank and the Head of Human Resources for the International Businesses, responsible for HR services. In this interview-style podcast, we offer insight into where our global teams are seeing risks and opportunities today. In December 2014, Mr. Byers was recognized by the National Association of Corporate Directors as a Board Leadership Fellow. Androscoggin Bank Headquartered in Lewiston, Maine, the Bank has been fiercely independent for 150 years. He was a director of Pye Holdings from 1967 to 1979. With offices on four continents, we have the global perspective and local presence to uncover and provide access to a superior range of investment opportunities. Mark is a Certified Public Accountant and is a graduate of St. Bonaventure University. Additionally, the strategies and funds may not be available to all investor types in all jurisdictions. Before that, he served as managing partner of KPMG's Cleveland from 1999 to 2007 and the Louisville and Lexington offices in Kentucky from 1988 to 1995. She is on several non-profit boards and active in the community with a focus on education, the arts, and homeless prevention. Prior to these positions, starting in 2007 John served as managing partner in KPMG's Charlotte office and became the Chair of the Charlotte office in 2009 until retirement in 2016, where he was the market leader for KPMG's Carolinas, Florida, and San Juan offices. Jill received a Bachelor of Science from Clemson University and a Masters in Organization Behavior and Development from Fielding University. He also spent eight years at Price Waterhouse. Mark joined Highwoods in September 2014. Barings is a $347+ billion* global investment manager sourcing differentiated opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets. Creating options policies. Ben Dubow This year marks 25 years since the failure of Barings Bank. From 2000 to 2006, Mr. Byers served as an investment executive with Dreyfus Corporation and served as Vice Chairman, Executive Vice President, Chief Investment Officer, member of the Board of Directors and Executive Committee, and fund officer of 90 investment companies, responsible for investment performance of approximately $200 billion in assets under management. Mr. Byers serves as the Independent Chairman of the Board of Directors of Deutsche Bank DBX ETF Trust and as a member of the audit and nominating committees. Performance evaluation is a key means by which boards can recognise and correct corporate governance problems and add real value to their organisations. He is a principal and director of Africa Opportunity Partners Limited, a Cayman Islands company that serves as the investment manager to Africa Opportunity Fund Limited. Barings BDC, Inc. stockholders and other interested parties may communicate with any member of our Board (including the chairman), the chairman of any of our Board committees, or with our non-management directors as a group by sending communications to Barings BDC, Inc., 300 South Tryon St., Suite 2500, Charlotte, North Carolina 28202, or via e-mail to BDCinvestorrelations@barings.com, or by calling the Barings BDC, Inc.s investor relations department at 1-888-401-1088. During 2019, CAS's profit had fallen 30% and its share price declined. Our experienced team seeks differentiated sources of return across private equity, real assets and asset-based investments. She has built a reputation as an executive with a strategic and pragmatic approach to talent management with an eye toward bottom line results. Mark currently serves as Senior Vice President and Chief Financial Officer at Highwoods Properties, Inc., a Raleigh, North Carolina based publicly-traded real estate investment trust. Dr. Harris brings substantial executive, board and operations experience to Barings. The link below will redirect you to their website for more information. In December 2014, Mr. Byers was recognized by the National Association of Corporate Directors as a Board Leadership Fellow. Mr. Byers serves as the Independent Chairman of the Board of Directors of Deutsche Bank DBX ETF Trust and as a member of the audit and nominating committees. Ms. Lancaster-Beal is a financial professional with extensive management and board level experience in corporate governance, credit and financial analysis. in Finance from the University of Virginia, McIntire School of Commerce. She also previously served as a Trustee on the Board of the City University of New York from 2000 to 2014, where she chaired the Faculty, Staff and Administration Committee and served on the Finance Committee. Sound Corporate Governance Policies (365 kb)* and practices are important to add shareholder value and maintain the confidence of depositors and investors alike. Board of Directors. Copyright 2023 Barings. He joined Progress Energy in 1996 as Vice President and Controller and served in a number of roles, including Vice President of Strategic Planning, Senior Vice President of Finance and President of Progress Ventures. *As of June 30, 2022. Jill brings over 20 years of senior leadership experience in human resources to the financial services industry where she was Managing Director from 2006 to 2009 and Executive Vice President from 2000 to 2006 at Wachovia Corporation (now Wells Fargo). Since 2014, Mr. Byers has been engaged periodically as an independent consultant to provide expert reports and opinions in financial and investment related matters. bankruptcy of Barings Bank, collapse of Barings Bank, Britain's oldest merchant bank, on February 27, 1995, when a single employee committed the bank to losses of roughly 830 million, from which it could not recover. Mr. Byers served as an Independent Director and Chairman of Sierra Income Corporation, a non-traded business development company (BDC) sponsored by Medley LLC (NYSE:MCC), from 2012 to 2022. Dr. Harris is the recipient of numerous awards, including nine (9) honorary doctorates, NASA Space Flight Medal, NASA Award of Merit, a fellow of the American College of Physicians, and was the recipient of the 2000 Horatio Alger Award. Dr. Harris is the recipient of numerous awards, including nine (9) honorary doctorates, NASA Space Flight Medal, NASA Award of Merit, a fellow of the American College of Physicians, and was the recipient of the 2000 Horatio Alger Award. 1. . Sierra Income merged with Barings BDC, Inc. in February, 2022, in connection with which Ms. Lancaster-Beal was appointed to the Board of Directors of Barings BDC, Inc. Ms. Lancaster-Beal currently serves on the Board of Directors of KIPP NYC, a network of free, public charter schools. Ms. Lancaster-Beal was a Senior Vice President of Drexel Burnham Lambert from 1984 to 1988 and as Vice President of Citicorp Investment Bank from 1978 to 1984. When Nick Leeson's fraud was discovered in 1995, the banks claimed they already knew how this broker had managed to circumvent the financial institution and claimed that the loopholes in the bank's system had been . The BARINGS name and logo design are trademarks of Barings and are registered in U.S. Patent and Trademark Office and in other countries around the world. He earned a Bachelor of Science in Biology from the University of Houston, a Master of Medical Science from the University of Texas Medical Branch at Galveston, a Master of Business Administration from the University of Houston, and a Doctorate of Medicine from Texas Tech University School of Medicine. This material should not be construed as a recommendation, and Barings is not soliciting any action based upon such information. Mark joined Highwoods in September 2014. She also previously served as a Trustee on the Board of the City University of New York from 2000 to 2014, where she chaired the Faculty, Staff and Administration Committee and served on the Finance Committee. Barings Bank was founded in 1762 as the John and Francis Baring Company by Sir Francis Baring, 1st Baronet, with his older brother John Baring as a mostly silent partner. Prior to joining Highwoods, Mark served as Executive Vice President and Chief Financial Officer of Exco Resources, Inc. Before that, he served as Senior Vice President and Chief Financial Officer of Progress Energy, Inc. from 2008 until its merger with Duke Energy Corporation in 2012. In this capacity, she previously served as the Chief Financial Officer of Odyssey Media from 2015 to 2021, and as the Chief Administrative and Finance Director of Data Capital Management from 2015 to 2017. Read, watch and listen to the latest insights from our global investment teams. Find Barings Bank stock photos and editorial news pictures from Getty Images. Our broad capabilities allow us to go beyond traditional fixed income strategies and access investments spanning the quality, yield and liquidity spectrum. Barings Insurance Solutions group develops customized solutions leveraging the firms experience and capabilities across public and private asset classes. She has built a reputation as an executive with a strategic and pragmatic approach to talent management with an eye toward bottom line results. Beal & Company, which she co-founded in April 1988, until 2014. Ms. Lancaster-Beal is a financial professional with extensive management and board level experience in corporate governance, credit and financial analysis. The collapse of Baring's Bank in 1995 occurred principally as a result of huge losses that resulted from unauthorized derivatives trading . Eric is an Executive Sponsor of both the Veterans and the Out & Allies Employee Resource Groups. Mr. Byers served as an Independent Director and Chairman of Sierra Income Corporation, a non-traded business development company (BDC) sponsored by Medley LLC (NYSE:MCC), from 2012 to 2022. Prior to his current role, he served as Head of Barings U.S. High Yield Credit Research Group. Mr. Byers is a senior executive with over 30 years of leadership experience in finance, operations and control, investment management and capital markets with leading national firms in asset management, banking and brokerage. The collapse of Baring Bank. Additionally, Ms. Lancaster-Beal served on the Board of Regents of Georgetown University from 2006 to 2010. from the United States Air Force Academy, an M.S. Nick Leeson, the bank's then 28-year-old head of derivatives in . Mr. Byers received his M.B.A. in Finance from Roth Graduate School of Business, Long Island University and his B.A. He also spent eight years at Price Waterhouse. Key Points. Barings is a $347+ billion* global investment manager sourcing differentiated opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets. The link below will redirect you to their website for more information. Mark joined Highwoods in September 2014. Read, watch and listen to the latest insights from our global investment teams. Eric is an Executive Sponsor of both the Veterans and the Out & Allies Employee Resource Groups. Company. Previously, Mr. Carter was an investment banking analyst in the Healthcare Group at Chemical Bank and a research assistant in the mergers and acquisitions group of Morgan . "There was a stack of paper, "recalls visiting official Tony Railton, senior clerk for . { board.total_asset_count }} View all Boards View all Sets CREATE BOARD. Ironsides and related entities serve as the manager and general partner to various funds and managed accounts for institutional clients. Prior to joining Catawba Lands Conservancy, he served as Global Head of Syndicated Capital Markets at Bank of America Merrill Lynch, where he managed capital markets, sales, trading and research for the United States, Europe, Asia and Latin America from 1989 to 2010. Mark joined Highwoods in September 2014. Previously, Richard held various roles in Barings Bank, which he joined in 1976, latterly as Head of Barings . *As of June 30, 2022. Evaluating Boards and Directors. He previously served on the Highwoods Board of Directors and Audit Committee from 2012 through 2014. Managing Risk. As a global and publicly traded financial institution, Scotiabank recognizes the need to adhere to best practices in Canadian and international corporate governance. Throughout history, Barings has been a leader in providing global, innovative, diversified solutions to clients. Our experienced team seeks differentiated sources of return across private equity, real assets and asset-based investments. Barings' team-based culture seeks to deliver long-term financial security and builds a sustainable future in service to our clients, colleagues and communities. Additionally, Ms. Lancaster-Beal served on the Board of Regents of Georgetown University from 2006 to 2010. Barings BDC, Inc. stockholders and other interested parties may communicate with any member of our Board (including the chairman), the chairman of any of our Board committees, or with our non-management directors as a group by sending communications to Barings BDC, Inc., 300 South Tryon St., Suite 2500, Charlotte, North . We are committed to sustainable practices and responsible investment. In 1995, Barings - then the oldest bank in Britain . Jill received a Bachelor of Science from Clemson University and a Masters in Organization Behavior and Development from Fielding University. In this capacity, she previously served as the Chief Financial Officer of Odyssey Media from 2015 to 2021, and as the Chief Administrative and Finance Director of Data Capital Management from 2015 to 2017.
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