Oxford Capital, the alternative investment manager, has appointed Alexander (Sandy) Flockhart as Non-Exec Director to the Board of Oxford Capital Partners Holdings Limited.
In addition, Sandy sits as an independent member of the investment committee of the firm. He brings to the role broad experience in investment management, financial services, regulatory affairs and governance. His appointment follows the retirement of Sir Martin Smith, who stepped down as a director earlier in 2020 and remains a senior adviser to the firm.
Sandy has had a long career in financial services spanning private equity and international banking. He served in a number of senior positions at HSBC Banking Group, including CEO of its operations in Asia Pacific and Latin America. He was later promoted to Chairman of HSBC UK, the group’s largest European subsidiary and was also appointed to the main Board of HSBC Holdings. Since retiring from HSBC, Sandy has been chairman of a challenger bank in the UK and was a partner in a private equity firm.
In December 2007, he received a CBE in recognition of his services to British business, charitable services and financial institutions. He has expertise in nurturing talent and embracing diversity to achieve extraordinary results.
David Mott, a Founder Partner at Oxford Capital, said: “We are delighted to have Sandy on board, he brings a wealth of experience as we focus on building our business and making meaningful investments. We also want to take this opportunity to renew our thanks to Sir Martin Smith for his contributions over recent years.”
“We’ve been encouraged by how strongly the UK start up sector has performed over the past year. Many founders and management teams have displayed impressive resilience and introduced new products and services as they have capitalised on opportunities from a changing economy. A particular highlight for Oxford Capital has been delivering two significant deep tech exits over the last 12 months: the sale of Ultrasoc Technologies in Cambridge, a microchip technology business, to Siemens and the acquisition of Latent Logic in Oxford, a driverless vehicle AI specialist, by Waymo (part of Google). Our portfolio of UK technology companies has continued to develop strongly and completed a record year of fund raising in 2020.”
Sandy Flockhart added: “I’ve known the Oxford Capital team for a number of years, and I’m delighted to be joining such a dynamic and progressive business. I’m pleased to be sharing my experience with the firm to support its efforts in backing early-stage technology companies which have the potential to contribute to the economic renewal of our national economy.”