Finance Wales appoints Giles Thorley as new Chief Executive
Giles Thorley has been appointed as the new Chief Executive of
the Finance Wales Group.
Taking up his new post on 4th April 2016, Mr Thorley will lead
Finance Wales as plans to create the Development Bank for Wales are
Mr Thorley joins Finance Wales from leading private equity
company, TDR Capital where he has been a partner since 2010.
Prior to joining TDR Capital, he spent nine years at Punch Taverns,
first as Executive Chairman and then Chief Executive. He was also a
founding member of the Principal Finance Group.
In his successful twenty-year career Mr Thorley has gained
significant senior management and private-equity investment
experience. He is also a successful business angel.
Commenting on his appointment Giles Thorley said: “Finance Wales
is a key Welsh financial institution and continues to play a
pivotal role in the Welsh economy. I’m keen to build on its
strengths and harness its expertise to ensure Welsh SMEs make an
even greater economic contribution in future.
“With the recent launch of the new Wales Business Fund and other
Welsh Government funds these are exciting times. I’m looking
forward to making the vision for the Development Bank for Wales a
reality and significantly improving the funding and support
available for Welsh SMEs.”
Welcoming Mr Thorley’s appointment, Economy Minister Edwina Hart
said: “I welcome Giles Thorley’s appointment as Chief Executive of
Finance Wales. The role requires experience, expertise and vision
to drive forward the recommendations of the Access to Finance
Review and ensure that micro, small and medium-sized businesses
have the financial backing and support they need to succeed.”
Gareth Bullock, Chairman of Finance Wales added: “I’m pleased to
welcome Giles Thorley to Finance Wales and I’m confident that the
Group will flourish under his leadership. Giles is a
well-regarded senior business leader with an impressive track
record and brings an exceptional blend of skills and expertise to
Finance Wales coupled with a deep understanding of debt and equity
A qualified barrister, Mr Thorley holds a law degree from the
University of London and is a member of the Bar Council of England
and Wales. He has also served as a board director of Tui
Travel, Esporta, Tragus and Ducati.
The recruitment process was undertaken by Ridgeway Partners,
supported by the online recruitment service Nurole.