Board of Directors

Caroline Foulger

Appointed on 7th June 2016 (appointed Chair September 2018)

Caroline Foulger has been an independent non-executive director in the financial services industry since early 2013. In addition to her seat on the OCI Board, Caroline currently sits on the Board of a FTSE 100 insurance company, a New York Stock Exchange listed bank and a number of private companies.

Caroline was previously a partner with PwC for 12 years, primarily leading the insurance practice in Bermuda serving listed clients with both audit and advisory services and has 25 years’ experience in public accounting. Caroline is a Fellow of the Institute of Chartered Accounts in England & Wales and a Member of the Institute of Directors. Caroline is a resident of Bermuda.

Craig Bodenstab

Appointed on 18th July 2019.

Craig has over 25 years of experience in investment management and recently retired from his role as Partner and Director of Orbis Investments, a global asset manager with over £27 billion of assets under management, where he held senior executive roles until stepping down in late 2017.

Prior to that, Craig was a Partner and Managing Director of Cameron Capital Management, a family office that focused primarily on managing private placements and convertible bonds. He has a bachelor of Commerce from Dalhousie University and a Master of Business Administration from Columbia University and London Business School. Craig is a qualified accountant and a CFA charterholder.

Stewart Porter

Appointed on 25th September 2018.

Stewart has over 40 years of operational experience, both within private equity and TMT businesses, the latter being one of the Oakley Capital Funds’ three core sectors for investment.

During his career, Stewart has held positions as COO and CFO at Wilkinson Sword and TI Group, as well as Director of Finance & Business Development for Global Markets at Cable & Wireless.

Stewart was a founder and CFO of Pipex Communications plc. Stewart was instrumental in the development and successful sale of the Pipex group, helping it to grow from early stage start-up in 2000 to a business with over £400 million of revenues in 2009, mainly driven by a series of 14 acquisitions.

Stewart recently retired as COO of Oakley Capital Limited.

Richard Lightowler

Appointed on 16 December 2019.

Richard has 25 years of experience in public accounting and recently retired as Partner of KPMG Bermuda, after almost 19 years in the role. He was head of the KPMG Insurance Group in Bermuda for almost 14 years, and was a member of the firm’s Global Insurance Leadership Team and Global Lead Partner for large international insurance groups listed on the New York and London Stock Exchanges. Richard has significant regulatory experience and led KPMG’s relationship with the Bermuda Monetary Authority (“BMA”).

Richard also sits on the Board of premium listed investment trust, Hansa Investment Company Limited. Richard is a Chartered Accountant of England & Wales and a Bermudian resident.

Peter Dubens

Appointed on 3rd July 2007

Peter Dubens is the founder and Managing Partner of the Oakley Capital Group, a privately owned asset management and advisory group comprising Private Equity, Venture Capital, Corporate Finance managing approximately €2.8 billion.

Peter founded Oakley Capital in 2002 to be a best of breed, entrepreneurially driven UK investment house. He wanted to create an ecosystem that supports companies through investment, whether they are early stage (through the venture capital businesses) or more established companies (through the Oakley Capital Funds).

Laurence Blackall

Appointed on 22nd July 2008

Laurence Blackall has thirty years of experience in the information, media and communication industries, pioneering electronic publishing (especially at McGraw Hill where he was a Vice President) and the internet in the United Kingdom. He has proven expertise in establishing internet companies and developing them through to public offering and subsequent sale. He holds directorships in a number of public and private companies.