Corporate structure

Semperian operates a two-tier governance structure, where The Board of Directors is responsible for business strategy, oversight and compliance. The Investment Advisory team manages the underlying portfolio to deliver growth and maximise investor value to deliver the target return.

Semperian’s Board of Directors, comprises five non-executive directors, two Executive Directors and a Chairman.

The main board members are:

  • William Doughty (chairman)
  • Leslie Tennant (non-executive)
  • Christopher Rule (non-executive)
  • Padmesh Shukla (non-executive)
  • Martin Smith (non-executive)
  • Colin Simpson (non-executive)
  • Alan Birch (executive)
  • Steve McGeown (executive)

The Board of Directors is responsible for managing corporate governance and shareholder interests. In accordance with the principles and recommendations of the AIC Code of Corporate Governance (“AIC Code”) by reference to the AIC Corporate Governance Guide for Investment Companies (“AIC Guide”) the Board has established the following committees:

  • Audit Committee
  • Corporate Risk Committee
  • Remuneration Committee
  • Security and Conflicts Committee
  • Investment Committee

The Investment Advisory team recommend new investments opportunities to the Investment Committee, which has delegated authority from the Board of Directors.

Our Assets

Semperian has one of the largest and most diverse portfolios of PPP assets, with the largest asset representing less than twelve per cent of the portfolio.