William Francis Redford (born 1958) is a British businessman. He is the chief executive, since October 2014, of
Eligere Investments plc, a company formerly traded on the
GXG Market in Denmark.
Early career
Redford worked for Frahuil S.A., then
Phillip Brothers, the commodity trading division of
Salomon Brothers
Salomon Brothers, Inc., was an American multinational bulge bracket investment bank headquartered in New York City. It was one of the five List of investment banks, largest investment banking enterprises in the United States and a very profitabl ...
, trading vegetable oil. At Philip Brothers he was head of the vegetable oil trading desk. Redford has also worked as an interdealer broker in European government bonds.
Kijani Resources and Eligere Investments
In September 2014, Redford became a
non-executive director of AIM listed LP Hill plc, now known as
Emerging Market Minerals plc
''Emerging'' is the title of the only album by the Phil Keaggy Band, released in 1977 on NewSong Records. The album's release was delayed due to a shift in record pressing plant priorities following the death of Elvis Presley. The album was r ...
, as a representative of
Kijani Resources Limited.
In October 2014, Redford was appointed
chief executive
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization.
CEOs find roles in variou ...
and chairman of Eligere Investments plc, a company traded on the GXG Market in Denmark.
[Eligere Investments Plc: Changes to Substantial Shareholdings.]
London Stock Exchange, 31 October 2014. Retrieved 3 June 2015.[Eligere Investments Plc: Director Appointment, Conversion of Loan Notes, Acquisition, and Details of Substantial Shareholder.]
GXG Markets, 2 April 2015. Retrieved 3 June 2015. Trading in the company's shares was suspended by GXG in early June 2015. The UK's
Financial Conduct Authority
The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom. It operates independently of the UK Government and is financed by charging fees to members of the financial services industry. The FCA regulates financi ...
has warned that Eligere may be providing financial services or products in the UK without their authorisation.
Following a reorganisation in April 2015, the ordinary shares of Eligere Investments were 67% owned by Kijani Resources Limited, a special purpose vehicle of the Kijani Commodity Fund that is a segregated portfolio of the Brighton Segregated Portfolio Company (SPC) based in the
Cayman Islands
The Cayman Islands () is a self-governing British Overseas Territories, British Overseas Territory, and the largest by population. The territory comprises the three islands of Grand Cayman, Cayman Brac and Little Cayman, which are located so ...
.
[ On 1 June 2015, the ]Cayman Islands Monetary Authority
The Cayman Islands Monetary Authority (CIMA) is the primary financial services regulator of the Cayman Islands and supervises its currency board.
The CIMA manages the Cayman Islands currency, regulates and supervises financial services, provide ...
announced that Brighton SPC had been placed in Controllership following a forensic examination of the fund by accountants.
In June 2015, Redford resigned from Emerging Market Minerals plc following the actions of the Cayman Islands Monetary Authority.
Advalorem Value Asset Fund
In September 2015, a judge in the Supreme Court of Gibraltar imposed a worldwide freezing order on Redford's assets in connection with an alleged claim of fraud relating to Advalorem Value Asset Fund Limited.Advalorem Value Asset Fund Limited v William Francis Redford & Ors.
Gibraltar Courts Service. Retrieved 28 April 2016.
Other appointments
Redford is managing director of Mareeba Group Limited and has a number of other current and former company appointments. He is a director of Silex (UK) Limited and a former director of Silex Fund PCC Limited (in liquidation).
See also
*
Belvedere Management
References
{{DEFAULTSORT:Redford, William
1958 births
British chief executives
British commodities traders
Living people