PGD STRATEGY - Key Persons

Job Titles:

• Senior Associate

Andreas focuses on business development in the oil and gas sector. He has worked for major international contractors including Saipem, Kellogg Brown and Root (KBR) and more recently Petrofac in senior corporate positions including engineering, project management, commercial, business development and supply chain management. He has worked mainly in London, with time in Paris where he was Commercial Director for Saipem's LNG business unit and in Greece where he was Regional Manager for KBR's SE Europe Infrastructure business unit. Between 2006 and 2012 Andreas was the Managing Director of a mid-size engineering consultancy with offices in London, Aberdeen, Stavanger and Cairo. He helped prepare and steer the company to eventual acquisition by Petrofac (UK), a FTSE 100 company. During his time in Petrofac Andreas also worked on the development of SPV models for co-investment and execution of North Sea developments with small-medium size operators as part of an initiative following the Wood Review (Maximising Economic Recovery from the UKCS 2014). Andreas is currently also a senior advisor and consultant to IO Oil and Gas, a new consultancy set up by GE Oil and Gas in response to the crisis in the oil and gas sector to meet the challenge of changing the way the industry prepares for and executes major CAPEX projects. He also maintains close links with UCL, where he graduated in Civil Engineering in the capacity of Industry Panel Advisor to the undergraduate and postgraduate courses and is also a Director of the UK-Cyprus Enterprise Council.

"Peter Droussiotis understands 'people', he quickly identifies their needs and brings benefit to all, that's Peter."

Job Titles:

• Senior Associate
• Fellow of the Association of Chartered Certified Accountants

Kevin Wills focuses on business development in the insurance sector. Kevin is a Fellow of the Association of Chartered Certified Accountants (FCCA), having qualified in 1978, and holds a post graduate diploma in Business Management from Durham University. He was Group Financial Controller of the international insurance broker Minet Holdings Group PLC (now part of Aon), and Finance Director of Business Development Consultants International Ltd., an executive search company, until 1993. In that year he joined Standard & Poor's Credit Rating Agency (now S&P Global Ratings) in London as part of the rapidly growing Insurance Ratings team. In his role at Standard and Poor's Kevin developed the criteria and process for analysing the performance and continuity of insurance syndicates trading in the Lloyd's of London insurance market, which eventually led to the market itself being credit rated for the first time. He also developed criteria for the rating assessment of trade credit insurers, and the Islamic insurance (Takaful) business sector. A key component of this role was the ability to understand and challenge senior management of rated companies in their ability to drive a company forward, and to sustain that working relationship. Communication of Standard & Poor's criteria and rating methodologies became increasingly important and he developed a key training discipline within Standard & Poor's to explain, and particularly discuss, these aspects of Standard & Poor's activities both with insurance companies and the wider market. These courses were run initially in London, and then expanded to Europe and to the Middle East and African regions. In April 2010 Kevin moved to Standard & Poor's Dubai, based in the Dubai International Financial Centre, where he established a resident insurance analytical team to cover the Middle East and African insurance markets. In this role he gave presentations at conferences and wrote many articles explaining how these markets work, the importance of and the facts driving credit strengths and weakness of insurers. In May 2016 Kevin resigned from Standard & Poor's and returned home to the UK.

Job Titles:

• Senior Associate
• Consultant to Aon Hong Kong Limited

Lawrence Lee focuses on business development in Asia and the Far East. Lawrence has enjoyed a career in the insurance industry spanning more than 30 years. He retired in 2006 as Aon Asia's Regional Managing Director for Aon Consulting, a role in which he served for approximately two years, until the end of 2006. Prior to that, he had served as the Chief Executive Officer of Aon Hong Kong Limited for just over four years and, between 1997 and 2000, as Aon's Regional Director responsible for the development of Aon's professional liability and financial institutions business in Asia. His career with Aon began in 1997 following the acquisition of Minet Group, where Lawrence was the Chief Operating Officer of Minet companies in South Asia, by the Aon Corporation. Lawrence had joined Minet Hong Kong Limited in 1988 having previously held various insurance positions with Jardine Insurance Underwriting Management Limited, Lombard Alliance insurance Company Limited and the American International Assurance Company Limited. In 1978, Lawrence became the first lecturer in insurance at the Hong Kong Polytechnic University which he continued until 1980. During the same period, he also served as a member of the insurance Training Board of the Vocational Training Council. Lawrence is currently a Consultant to Aon Hong Kong Limited a role in which he has served since 2006. In 2014 he was a member of the consulting team to Attorneys Insurance Indemnity Fund of South Africa. He also served as a member of the Professional Indemnity Advisory Committee of the Hong Kong Law Society for 16 years Lawrence's academic and professional qualifications include Bachelor of Science, Indiana University USA and an MBA from the Chinese University of Hong Kong. He is also an Associate of The Chartered Insurance Institute UK, a Fellow of the Life Management Institute USA and a Fellow of the Hong Kong Institute of Directors. He speaks English, Cantonese, Putonghua and Fukienese.

Job Titles:

• Vice - Chairman, Willis Re Inc

"PGD Strategy's strategic insights and extensive networks enabled us to develop new partnerships and distribution capabilities." "Peter Droussiotis understands 'people', he quickly identifies their needs and brings benefit to all, that's Peter." "PGD Strategy originated and helped us complete our first strategic acquisition for Thistle, our insurance distribution platform." "PGD Strategy has a wealth of knowledge and a huge diversity of connections in the Lloyd's and international insurance markets." "PGD Strategy's excellent strategic advice and transaction execution capabilities are equalled by the integrity of its team." "PGD Strategy possesses deep knowledge of the insurance industry and of the key drivers that are essential for successful deal-making." "PGD Strategy was instrumental in bringing out a shared vision which helped us to progress the development of our group."

Job Titles:

• Finance Director

Prior to his appointment as a director of PGD Strategy in 1999, Michael was Finance Director of the Minet Group, now part of Aon, and led the Group's worldwide reinsurance operation. At the time of his departure in 1996 Minet was one of the world's five largest insurance broking and risk advisory organisations with 4,000 employees operating in 40 countries. In his capacity as Minet Group Finance Director, Michael was responsible for corporate development, international resources, compliance matters, particularly within the Lloyd's of London insurance market, as well as audit relationships and preparation of the Group accounts. Prior to that, Michael held senior finance and accounting positions with Minet, Sedgwick, Anthony Gibbs and Glaxo Laboratories. Michael oversees PGD Strategy's financial, company secretarial and tax affairs and contributes to client assignments. From 1997, he has also run his own accounting practice. Michael has a Masters degree in Social Sciences from the University of Birmingham and is a Chartered Accountant.

Job Titles:

• Founding Director
• Fellow of the Royal Society

"Peter Droussiotis's analytical and disciplined approach to corporate finance has been a hallmark of PGD Strategy's success." Peter, a barrister by background, is an accomplished and highly regarded corporate finance, M&A and strategy consulting specialist with a primary focus on the financial services, insurance and technology space, having completed a wide range of transactions in the sector with an aggregate value in the billions of pounds, over a career spanning more than 35 years. His experience includes roles with Lloyd's of London, Credit Suisse, Minet (Aon), and PwC. In his capacity as PGD Strategy's Founding Director, Peter has also performed a series of non-transactional strategy consulting roles and has successfully completed numerous other corporate development assignments in a variety of different sectors. Prior to founding PGD Strategy in 1999, Peter served as a Corporate Finance Director with PwC specialising in strategy consulting and M&A in the financial services and insurance sectors. He previously held senior positions as Group Corporate Development Director and a member of the Senior Management Group at the Minet Group, now part of Aon, a global insurance broking and risk advisory organisation, with responsibility for corporate finance activities worldwide. Peter's other experience includes positions as a senior corporate finance executive with Credit Suisse in London and as an employed barrister at Lloyd's of London. Peter has previously managed an investment M&A budget of circa $800m and has also been a pivotal member of teams engaged in multi-billion pound, complex cross-border deals. Peter has also served, for four years, as the Senior Independent Non-Executive Director on the Board of Sequel Business Solutions, the City-based premier (re)insurance software specialist provider which was sold to Verisk by Hg Capital in September 2017 for £250m. He has also previously acted as Non-Executive Chairman of Guernsey-headquartered Heritage Group, a leading independent provider of specialist insurance and financial services to clients around the world, which he helped navigate through a period of change and restructure, including several transformational transactions. Peter has an LL. B (Law & Politics) Honours degree from the University of Birmingham and was called to the Bar of England & Wales by the Middle Temple. His volunteering work incudes being Chairman of the UK-Cyprus Enterprise Council, a strategic body promoting UK Cypriot diaspora and UK/Cyprus innovation networks, which he helped found in December 2013, and also Chairman of the Cyprus Environment Foundation, part of the Conservation Collective, a UK-headquartered global network of local foundations funding effective grass-roots conservation initiatives to protect the environment across the Mediterranean and beyond. Peter has previously served in an elected voluntary capacity as President of the National Federation of Cypriots in the UK, representing the largest Cypriot diaspora, for 8 years. Peter is a Fellow of the Royal Society for the encouragement of Arts, Manufactures and Commerce (FRSA) and speaks Greek.

Job Titles:

• Senior International Counsel

Sheridan Brooks-Hurst QC is Senior International Counsel to PGD Strategy's board of directors. Sheridan has achieved many milestones in the Cayman Islands, being the first female lawyer to open an independent legal practice in those islands. She is a former President of the Cayman Islands National Insurance Company, a government-owned insurance company, and has also served as a director of the islands' Health Insurance Commission. In addition, Sheridan was the first female Chairman of the national airline, Cayman Airways Ltd, and the first and only female Chairman of the Civil Aviation Authority of the Cayman Islands, a post in which she served for over 9 years. She is also the first and current Chairman of the Gender Equality Tribunal of the Cayman Islands, which she assisted with setting up and is a former President of the islands' Business & Professional Women's Club. After qualifying as a Barrister-at-Law at Gray's Inn, Sheridan served as a Deputy Clerk of the Courts in the Cayman Islands, following which she was appointed Crown Counsel. She was the first female Legislative Draftsman on the islands and has previously served as the Secretary to the UK-appointed Constitutional Review Commission. She is also a former Director of Bank Austria (Cayman Islands) Ltd and of the Cayman Islands Electrical Regulatory Authority. Sheridan completed her LLB (Hons) at Sheffield University in the United Kingdom and was called to the Bar of England & Wales in 1984. Sheridan was named as a Queen's Counsel and admitted to the Inner Bar of the Grand Court of the Cayman Islands in February 2017.

Job Titles:

• Corporate Social Responsibility Advisor
• Corporate Social Responsibility Advisor to

Simon Pitsillides is an accredited corporate social responsibility advisor to PGD Strategy's board of directors...

Job Titles:

• Senior Associate

Ted Dziurman focuses on business development in the (re)insurance sector. A senior executive with wide experience of creating and managing international businesses, Ted has over 40 years of experience at board and managerial level in (re)insurance underwriting, broking and captive management organisations predominantly with PartnerRe, The St Paul and Minet group of companies. He led the creation of PartnerRe's European operations in Dublin ultimately being appointed as its General Manager and Executive Director with responsibilities for the overseas branches in Europe, Asia and the Middle East prior to which he was worldwide head of PartnerRe's Global Catastrophe Reinsurance business in Zurich. At St Paul, as Managing Director, Ted was responsible for the creation and development of an international portfolio of businesses in Europe, North and South America, Australasia and Africa through strategic acquisitions and start-ups. Ted has served on the boards of numerous international companies and held Chairman, Executive and Non-Executive Director roles. He has also spent over 20 years as an expatriate working in Singapore, Africa, Switzerland and Ireland. Ted is a graduate of Manchester University with an honours degree in Pure Mathematics and is a Fellow of the Chartered Insurance Institute and Chartered Insurance Practitioner.