Investment manager

Investment manager of Seraphim Space Investment Trust PLC bolsters expertise in financial services with appointment of Bob Wigley

Bob Wigley was formerly Chairman of Merrill Lynch EMEA, Member of the Court of the Bank of England, and chaired the Green Investment Bank Commission

The investment manager of Seraphim Space Investment Trust PLC (LSE: SSIT) has appointed Bob Wigley, chairman of UK Finance, as lead adviser to deepen his expertise in financial services following the trust’s initial public offering investment last year.

Wigley was previously Chairman of Merrill Lynch for Europe, Middle East and Africa, a member of the Court of the Bank of England and chaired the Green Investment Bank Commission.

Rob Desborough, Managing Partner at Seraphim Space, said, “Seraphim supports pioneering entrepreneurs building the infrastructure in space to address some of the world’s most pressing challenges. With $12.9 billion in private investment globally in the field in 2021, the space is now at a critical inflection point and poised for significant growth.

“Bob’s appointment as Senior Advisor brings a new level of City expertise, investment banking, government policy insight, entrepreneurial spirit and climate understanding to our team. We are delighted to have him with us in our mission.

Wigley added: “The UK has leading expertise in space technology and I look forward to working with Seraphim, the world’s leading specialist space technology investor, to seek to capitalize on the extraordinary technology opportunities that the UK is facing. he space presents both for Seraphim and for the UK more broadly.