Neil Record founded Record in 1983 and has been its principal shareholder and executive Chairman since then. Prior to founding Record he was an economist at the Bank of England and worked in the commodity and currency trading department at Mars, Inc.’s UK subsidiary. He is the author of Currency Overlay, the first book on this specialist topic (published by Wiley, 2003) and of numerous articles on currency and other risk management topics and is a frequent speaker at industry conferences and seminars worldwide.

Leslie Hill joined Record in 1992 and was appointed Head of Sales and Marketing in 1999. Her prior experience includes working at Lloyds Bank and Merrill Lynch where she was Director and Head of Corporate Foreign Exchange Sales worldwide.

Paul Sheriff joined the board on 1 December 2008 as Chief Financial Officer. He was previously Group Finance Director for Arbuthnot Banking Group PLC and prior to this he was Commercial Finance Director of the Prudential’s UK and European business. He has also spent five years in private equity and qualified as a Chartered Accountant with Arthur Andersen.

Bob Noyen joined Record in 1999 with responsibility for Investment & Research. He previously worked as Assistant Treasurer for Minorco (now part of Anglo American plc).

Cees Schrauwers became a non-executive director of the Company in 2007. Cees has more than 30 years financial services experience, most recently as director of Aviva International and managing director of CGU Insurance. Prior to this, he was a partner with Coopers & Lybrand. Cees is currently the senior independent director of Brit Insurance Holdings PLC and chairman of Drive Assist UK Limited.

Andrew Sykes became a non-executive director of the Company in 2007. He was a director of Schroders plc from 1998 to 2004, having joined Schroders in 1978. He was responsible for Schroders’ fixed income businesses (including Treasury and Foreign Exchange) until 2000, and subsequently for private banking and alternative investments, including hedge funds, property, private equity and structured products. He is a non-executive director of Smith & Williamson Holdings Limited and Gulf International Bank (UK) Limited, chairman of Invista Foundation Property Trust Limited and Absolute Return Trust Limited, and chairs the investment committee of the Schroder Retirement Benefits Scheme.

David Morrison is Founder and Chief Executive of Prospect Investment Management, a venture capital advisory firm established in 1999, which acts on behalf of a small group of investors. He has spent most of his working career in the venture capital world, having started with 3i plc, which was followed by 13 years with Abingworth Management Limited. He has previously been a director of Blueheath Holdings plc, Deutsche Equity Income Trust plc, GW Pharmaceuticals plc and Venture Production plc and is currently on the Board of PayPoint plc and several private companies with which Prospect is associated. David served as a Non-Executive Director of N P Record plc between 1987 and 1996.