Legatum Institute

Board of Trustees

Since becoming an independent charity on 1 June 2014, the Legatum Institute has established a new Board of Trustees. This independent board is comprised of: 

Alan McCormick

Alan McCormick is Chairman of the Legatum Institute Foundation and Partner and Managing Director of the Legatum Group, a private global investment firm with a 30-year history of allocating capital to businesses and markets in transition. Mr McCormick provides leadership across Legatum’s various divisions which include a deep-value public equity fund, a private equity fund focused on investing in for-profit enterprises with a social impact and the firm’s philanthropic endeavours. Mr McCormick was one of the founders of the Legatum Institute and one of the original authors of the Legatum Prosperity Index™, the Foundation’s flagship publication. In addition, Mr McCormick also serves on the board of the Freedom Fund whose mission is to accelerate the demise of slavery. Mr McCormick was formerly part of a special situations team at Sovereign Global Investment, a predecessor organisation to Legatum, and previous to that was a Vice President of Marketing for J.P. Morgan.

Ellen Agler

Ellen serves as the Chief Executive Officer of the END Fund. Previously, she served as Operation Smile’s Senior Vice President for International Programs, managing programs to provide comprehensive care to children with cleft lips and cleft palates in over 60 countries in Latin America, the Middle East, Africa and Asia. She also led Operation Smile’s global public policy, collaboration and advocacy efforts to promote essential surgery as an integral component of global health policy and programming. She also served as Director of International Operations for International Medical Corps (IMC), focused on international disaster response and delivery of medical care in complex humanitarian emergencies in over 20 countries. 

Ellen has served on the advisory boards of the World Healing Institute in Hawaii, a program promoting integrated healing and environmental conservation, and Adventures of the Mind, a high school mentoring program.

Toby Baxendale

Toby Baxendale is an entrepreneur and investor, economist, former magistrate, ironman triathlete, philanthropist and family man. He set up the Hayek Visiting Fellowship at the London School of Economics. To promote Manchester Liberalism and provide a home for Austrian School economics in the UK, Toby co-founded The Cobden Centre.

Richard Briance

Richard Briance is Chairman of PMB Capital Limited, a newly formed  merchant banking business. Previously, he was Chief Executive of Edmond de Rothschild Ltd (2010-2015). Mr Briance had a long career in banking as Managing Director of Credit Suisse First Boston Ltd until 1991, Vice-Chairman at UBS Ltd (1991-1997), and Chief Executive of West Merchant Bank Ltd (1997-1999). Mr Briance served as Chief Executive of Hawkpoint Partners (1999-2003) and then its Deputy Chairman (2004-2010). He was a Non-Executive Director at Oxford Analytica from 1999-2010. His charitable activities include being a trustee of London Children's Ballet (Richard’s wife, Lucille is the founder and artistic Director) and more recently, he was appointed as a trustee of Floreat Education. Previously, he was a trustee of Policy Exchange.

Jane Siebels

Jane Siebels is founder, chairwoman, and CIO of Green Cay Asset Management, an investment firm which she formed in 1997 and that oversees $300 million in assets for institutions and high net-worth individuals. She is a former director of the late Sir John Templeton's First Trust Bank and co-founder of iGivingWorld, a social network for philanthropists. From 1990-1996, Ms Siebels was Senior Vice President and Portfolio Manager at Templeton, Galbraith, & Hansberger, one of the world's leading investment advisory firms.

Philippa Stroud 

Philippa Stroud is CEO of the Legatum Institute. Previously, she was Chief Executive of the Centre for Social Justice (CSJ), a think tank that she co-founded in 2004. Prior to the CSJ, she was Special Adviser the Rt. Hon. Iain Duncan Smith MP (then Secretary of State for Work and Pensions) from 2010-15, and also to the Prime Minister from 2012. Her early career was spent in the voluntary sector including spending time in Hong Kong and Macau working with heroin addicts and ex-members of triad gangs who were undergoing rehabilitation. On her return to the UK she founded and directed a four-stage project that supported people off the streets and into independent living before moving to Birmingham in 2000 where she became Executive Director of the Bridge Project, a voluntary sector project that provided supported accommodation for homeless men and women. Following the 2015 UK General Election, Philippa was ennobled and became Baroness Stroud of Fulham.

Rob Vickers

Rob Vickers is General Counsel to the Legatum Group at Legatum, with broad responsibility for legal matters across the Legatum Group. Prior to joining Legatum in 2011, Mr Vickers was a general corporate attorney in the London and Dubai offices of an international law firm, with a focus on private equity, corporate restructurings and public and private M&A. He studied law at King’s College, London and the College of Law and is a member of the Law Society of England & Wales.