ING chief economist and former head of innovation at Barclays have joined the advisory board of Australian-founded investment and advisory group Mayfair 101.
Mark Cliffe from ING and Kirst Rutter from Barclays have both joined Mayfair 101’s advisory board to push the model into the UK market and provide a boost to the group’s innovation and economic expertise.
The announcement comes off the back of the Mayfair Platinum brand launch which provides investors exclusive access to investment opportunities typically only accessed by investment banks and stockbrokers.
James Mawhinney, Mayfair 101 founder and managing director welcomed the appointments and said it demonstrated the group’s commitment to creating value for investors.
“We are particularly excited about this additional strategic depth as it provides our portfolio companies with access to world-class talent to assist with the group’s growth objectives. This approach of sourcing exceptional talent is central to our investment strategy and has proven itself many times over," said Mr Mawhinney.
Mr Cliffe said the Mayfair 101 model was attractive to investors in the low interest environment of both the UK and Australia.
In my capacity as an advisory board member, I look forward to supporting Mayfair 101’s global approach to identifying the best opportunities for the group and its investors,” he said.
Ms Rutter also was excited to join Mayfair 101 and help continue to drive further innovation in the sector.
“Their announcement as lead investor in the fast-growing fintech PayMate last month, and recent further investment in Accloud PLC, are just two examples of how the Mayfair 101 team has identified and capitalised on prime opportunities to facilitate positive outcomes in socially impactful businesses.”
Eliot Hastie is a journalist at Momentum Media, writing primarily for its wealth and financial services platforms.
Eliot joined the team in 2018 having previously written on Real Estate Business with Momentum Media as well.
Eliot graduated from the University of Westminster, UK with a Bachelor of Arts (Journalism).
You can email him on: [email protected]
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