PARASOL FOUNDATION TRUST - Key Persons

Job Titles:

• Trustee Director
• Office 's Managing Director and Chief Investment Officer

Dayan is the family office's Managing Director and Chief Investment Officer. In addition to management of the office he is responsible for market research, asset allocation, and manager selection decisions, as well as ongoing quantitative and qualitative process monitoring of investments. Dayan joined the family office when it was founded in 2005. Before, he was a Director of International Private Banking at Riggs & Co., London and prior to that served as an Assistant Vice President in the Treasury Department of Republic National Bank of New York. He possesses a broad knowledge of both securities and banking. Dayan earned his Bachelor of Science in Financial Services from UMIST School of Management with First Class Honours.

Job Titles:

• Trustee Director

Job Titles:

• Advisor
• Member of the Trust International Advisory Board

Dudley Fishburn is currently a member of The Trust International Advisory Board. He started his career as an editor with The Economist. He was part of the team which built the paper's international reputation, serving as American Editor and then Executive Editor for 19 years. Mr Dudley Fishburn was a Conservative Member of Parliament for Kensington for 10 years and worked in the governments of Margaret Thatcher and John Major on privatisation and foreign affairs. He was named "Radical of the Year" for his work reforming Britain's property laws. Mr Dudley Fishburn attended Eton College and Harvard College as an undergraduate. He later became the first non-American to serve on Harvard University's Board of Overseers. For ten years he chaired the Harvard Library's visiting committee and now chairs a similar committee at Cambridge University Library. In England, he was chairman of the Trustees of the Open University. He also served a six-year term as treasurer of one of Britain's largest charities, The National Trust, overseeing a budget of £250 million a year for the country's historic heritage. He serves on the boards of HSBC Bank plc and Philip Morris Inc.

Job Titles:

• Trustee Director
• Senior Advisor in RG Advisors Limited

Nyreen is currently a senior advisor in RG Advisors Limited, implementing and supporting strategic projects for the family office. She was formerly a partner at Hassans International Law Firm's Commercial Department for 16 years and extensively advised on M & A, licensing and regulatory aspects relating to some of the largest gambling operators in Gibraltar. During this time she was ranked as a top Gaming and Commercial lawyer by Chambers & Partners and was described in the Legal 500 directory as having 'a commercially minded approach'. She was then engaged to lead the establishment and development of a licensed gaming operation as Chief Strategy Officer and was directly responsible for corporate and business development, public policy and strategy. She has had many past roles ancillary to her core engagement, such as Programme Leader for the Certificate of Competence in Gibraltar Law course offered by the University of Gibraltar and Non-Executive Director of the Gibraltar International Bank. Currently, in addition to her role within the family office, she is a Non-Executive Director of City of London Group plc, the holding company of Recognise Bank Limited (licensed and regulated in the UK), is a committee member of the Gibraltar Public Service Commission and is a trustee of various charities, including The Gibraltar National Theatre Foundation. She is an honours graduate in English and Spanish Law from the University of Kent, England and also studied at the Universidad Complutense de Madrid, Spain. She was called to the Bar of England and Wales and Gibraltar and is a Trust and Estates Practitioner (STEP).

Job Titles:

• Project Manager
• Non - Executive Director for Several Parasol International

Ronelle is a non-Executive Director for several Parasol International group companies. In addition she is a Senior Project Manager for The Parasol Foundation Trust where she coordinates and manages various charitable projects around the world, liaising and recommending potential grants, communicating on an ongoing basis with donation recipients and providing legal and documentation support. Both of the above roles are part-time while Ronelle pursues a full time role at Recognise Bank, a Parasol International group investment in London. Recognise Bank a new UK licensed bank focusing on SME lending. Previously, Ronelle has also held roles as Senior Operations Coordinator and Senior Financing Coordinator (focusing on the group's real estate (led the closing of over $400m in debt under complex government programs and establishment of a comprehensive master insurance programme for the entire portfolio of about $600m and almost 3000 units). Other responsibilities included management and oversight of residential and commercial building operations, responsibility and creation of company procedures, oversight of corporate compliance and risk management. Before joining Parasol International, Ronelle was a Captain in the Israeli Air Force serving in an elite intelligence unit as well as running search and rescue helicopter operations. Ronelle earned a B.A. in Accounting and Business Administration with a GPA of 90 from Tel-Aviv University and The Open University of Israel.

Job Titles:

• Principal Benefactress and Trustee Director

Ms Ruth Monicka Parasol was born in 1967 and is one of the world's most successful entrepreneurs and businesswomen. With a self-made portfolio of over $1b, she and her international team excel in Real Estate, Asset Management and Private Equity. Raised in California, she graduated from law school in 1993 and immediately gravitated to the Information Highway boom of early Silicon Valley. She was an internet pioneer in 1995 in Fintech and Gaming and an early adopter and founder of back office India-based software development. Ruth was the first woman to IPO her company, Party Gaming Plc onto the LSE FTSE 100 in 2005 for then record valuations and was the world's largest online poker room. Ruth is a long-time resident of Gibraltar where she has lived for many years, in addition to Israel. Since 2018, she has been living in London with her 5 children where they are all attending school. Her largest current business activities are in real estate in the USA, the UK, Poland and Greece. She is also active in the high-tech sector in Israel, and recently in 2020 took a major stake in City of London Group, an Aim-listed company launching a UK bank called Recognise, she serves as director of the board of both. Her personal and business life have both been centred in Gibraltar since 2004 when she rebased PartyGaming there. Ruth holds an annual event in Gibraltar showcasing her activities and bringing international acclaimed keynote speakers and musicians. Ruth is the Principal Benefactress of The Parasol Foundation Trust which has given over £30m since 2004 to leading organisations such as the V&A, Cambridge University, St. Mary's Hospital, NSPCC, Tel-Aviv Hospital (specifically the Parasol Foundation Center for Women Cancer Research). The Parasol Foundation Trust has also created a number of scholarship programmes such as in the City of London Girls School, Marin Academy, University of San Francisco, the University of Gibraltar, the Technion University and Tel-Aviv University.

Job Titles:

• Senior Advisor

Shelley is a Senior Advisor to the Parasol Foundation She is a senior strategic communications professional and trusted advisor with substantial international experience acquired working across five continents. Shelley provides communications counsel and support for the Parasol Foundation's charitable projects and partnerships and manages several of our larger relationships including with the V&A and Imperial Health Charity. She has a strong affinity with our initiatives to empower women having recently completed a Masters degree dissertation on the history of equal pay. In addition to her work with the Parasol Foundation, Shelley provides strategic communications advice to several large and high-profile corporates. Shelley was previously the Strategic Communications Director for an international membership organisation where she was part of the senior leadership team. She has also served as a non-executive board director and as a trustee for a defined benefit pension scheme. Across her thirty-year career, Shelley has worked in multiple sectors including health, energy, indemnity, insurance, professional services, FMCG and music.