The investment manager of Seraphim Space Investment Trust PLC (LSE:SSIT) has appointed Bob Wigley, chairman of UK Finance, as a senior advisor to deepen its financial services expertise after last year's initial public offer of the investment trust.
Wigley was previously chairman of Merrill Lynch for Europe, Middle East and Africa, a Court Member 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 $12.9bn private investment globally into the domain during 2021 Space is now at a critical inflection point and poised for significant growth.
“The appointment of Bob as a senior advisor brings a new level of City expertise, investment banking, government policy insight, entrepreneurialism and climate understanding to our team. We are over the moon to have him join us in our mission.”
Wigley added: “The UK has world leading spacetech expertise and I am looking forward to working with Seraphim, the world’s leading specialist investor in Spacetech to seek to take advantage of the extraordinary technological opportunities space presents both for Seraphim and the UK more widely.”