Mike is also Chair of the Barings Board of Directors and a member of the MassMutual Executive Leadership Team. Mr. Byers serves as the Independent Chairman of the Board of Directors of Deutsche Bank DBX ETF Trust and as a member of the audit and nominating committees. David has worked in the financial services industry since 2004. Previously, Richard held various roles in Barings Bank, which he joined in 1976, latterly as Head of Barings . Prior to this, she served as Managing Director at M.R. Prior to these positions, starting in 2007 John served as managing partner in KPMG's Charlotte office and became the Chair of the Charlotte office in 2009 until retirement in 2016, where he was the market leader for KPMG's Carolinas, Florida, and San Juan offices. He previously served on the Highwoods Board of Directors and Audit Committee from 2012 through 2014. Barings Bank: A British merchant bank that was started in 1762, and for centuries was considered the largest and most stable bank in the world. From 2011 until 2019, he served as Executive Director of Catawba Lands Conservancy, a nonprofit land trust. Visit our Global Site. Supporting executives and their teams. Prior to these positions, starting in 2007 John served as managing partner in KPMG's Charlotte office and became the Chair of the Charlotte office in 2009 until retirement in 2016, where he was the market leader for KPMG's Carolinas, Florida, and San Juan offices. Thomas brings over 20 years of experience in the underwriting, structuring, distribution and trading of debt used for corporate acquisitions, leveraged buyouts, recapitalizations and refinancings. Barings' team-based culture seeks to deliver long-term financial security and builds a sustainable future in service to our clients, colleagues and communities. Open Document. He currently serves on the board of McKim and Creed, a North Carolina based professional engineering services firm. We build high-conviction portfolios based on fundamental, bottom-up research and ESG integration, seeking to identify companies with strong growth potential. Robert Knapp brings over 25 years of experience in the financial services industry to the Board. In the non-profit sector, Robert serves as a director of the Massachusetts Eye and Ear Infirmary, and is a Trustee of the Childrens School of Science and the Sea Education Association. He currently serves on the board of McKim and Creed, a North Carolina based professional engineering services firm. All rights are reserved. He earned a Bachelor of Science in Biology from the University of Houston, a Master of Medical Science from the University of Texas Medical Branch at Galveston, a Master of Business Administration from the University of Houston, and a Doctorate of Medicine from Texas Tech University School of Medicine. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. Prior to his current role, he served as Head of Barings U.S. High Yield Credit Research Group. He earned a Bachelor of Science in Biology from the University of Houston, a Master of Medical Science from the University of Texas Medical Branch at Galveston, a Master of Business Administration from the University of Houston, and a Doctorate of Medicine from Texas Tech University School of Medicine. Before that, he served as managing partner of KPMG's Cleveland from 1999 to 2007 and the Louisville and Lexington offices in Kentucky from 1988 to 1995. He previously served on the Highwoods Board of Directors and Audit Committee from 2012 through 2014. We are committed to sustainable practices and responsible investment. Dr. Harris is also the Chief Executive Officer and Managing Partner of Vesalius Ventures, Inc. a venture capital firm that invests in early- to mid-stage healthcare technologies and companies. The link below will redirect you to their website for more information. 4 Was the Barings board of directors culpable for the losses of Nick Leeson What from FIN 690G at Wichita State University He was Chairman of the Board of the Barings Bank from 1974 to 1989. He also spent eight years at Price Waterhouse. Before these roles, he served as the Lead Independent Director of MVC Capital, Inc., was an independent, nonexecutive director of Castle Private Equity AG, and was formerly a director of MPC Container Ships. Additionally, the strategies and funds may not be available to all investor types in all jurisdictions. Eric also works closely with all the investment teams at Barings LLC. With the wise guidance of today's business leaders, the Belk College remains at . In addition to these roles, Eric is President of Barings LLC, where he leads and manages cross-asset investment teams, corporate strategy, business development, product management, investment business management, research analytics and quant, permanent capital, special situations, and marketing and communication. John currently serves on the boards of The Mint Museum and the National Association of Corporate Directors, Carolinas Chapter. The board of directors of Barings BDC has named Eric Lloyd as executive chairman of the board and promoted three of its longstanding senior executive officers. Jill received a Bachelor of Science from Clemson University and a Masters in Organization Behavior and Development from Fielding University. Prior to joining Barings in 2013, Mr. Lloyd served as Head of Market and Institutional Risk for Wells Fargo, was on Wells Fargo's Management Committee, and was a member of the Board of Directors . Leeson worked at the Singapore branch of Barings Bank PLC, the blue-blooded British merchant bank founded in 1763 that catered to royalty and was at the pinnacle of the London financial world. John Switzer is currently a member of the Board of Directors of Carolina Tractor and Equipment Company, a large, privately held southeastern supplier that specializes in material handling, engineered systems, truck engines, power generation systems, and they supply construction, forestry, and paving products. The Board of Directors collectively represents all shareholders. By March 2 1995, Barings had lost over $1 billion and shortly after the UK's second oldest bank at the . Mr. Byers served as an Independent Director and Chairman of Sierra Income Corporation, a non-traded business development company (BDC) sponsored by Medley LLC (NYSE:MCC), from 2012 to 2022. Mark Mulhern. He currently serves on the board of McKim and Creed, a North Carolina based professional engineering services firm. With over 300 global investment professionals positioned in local markets, and a flexible capital base, we can provide solutions across a range of private asset classes. A career at Barings means joining a world-class firm with a collegial culture and rich history in asset management. Sierra Income merged with Barings BDC, Inc. in February, 2022, in connection with which Mr. Byers was appointed to the Board of Directors of Barings BDC, Inc. From 2002 to 2012, Mr. Byers also served as Trustee for the College of William and Mary Graduate School of Business. Barings is a $349+ billion* global investment manager sourcing differentiated opportunities across public and private fixed income, real estate, and specialist equity markets. View detailed BBDC description & address. Previously, Mr. Carter was an investment banking analyst in the Healthcare Group at Chemical Bank and a research assistant in the mergers and acquisitions group of Morgan . Dr. Harris brings substantial executive, board and operations experience to Barings. Our global presence and longstanding expertise allows us to evaluate and capture the yield potential of illiquid and less liquid credit-based investments. Barings's investors also lost out. Ms. Lancaster-Beal is the President and Chief Executive Officer of VLB Associates, a management consulting firm she founded in January 2014 that provides financial and operational advisory services to middle-market businesses, investment firms and non-profit organizations. Our integrated platform is focused on providing investors attractive, through-the-cycle risk-adjusted returns that are less correlated with traditional debt and equity markets. Our team secures access to investments across the risk spectrum and around the globe, applying an active management approach designed to maximize each asset's potential. In 1995, Barings - then the oldest bank in Britain . Ms. Lancaster-Beal served as an Independent Director and Chair of the Nominating and Governance committee and the Audit committee of Sierra Income Corporation, a non-traded business development company (BDC) sponsored by Medley LLC (NYSE:MCC), from 2021 to 2022. Dr. Harris is the recipient of numerous awards, including nine (9) honorary doctorates, NASA Space Flight Medal, NASA Award of Merit, a fellow of the American College of Physicians, and was the recipient of the 2000 Horatio Alger Award. In addition, he is on the Boards the National Academy of Science, Engineering and Medicine - Board on Health Policy, the Texas Medical Center, National Math and Science Initiative, and the Harris Institute & Foundation. This followed the discovery of massive trading losses incurred by Barings Futures Singapore (BFS), an . Jill is a Founding Partner of Spivey & Olmstead, LLC, a talent and leadership consulting firm with expertise in the fields of executive development and talent management founded in June 2010. The average Barings salary ranges from approximately $100,889 per year for an Analyst to $604,854 per year for a Managing Director. Prior to joining Highwoods, Mark served as Executive Vice President and Chief Financial Officer of Exco Resources, Inc. Before that, he served as Senior Vice President and Chief Financial Officer of Progress Energy, Inc. from 2008 until its merger with Duke Energy Corporation in 2012. Barings BDC, Inc. 300 South Tryon Street He also acted as managing director for over ten years with Millennium Partners. As for Barings, it become part of ING, the Dutch bank paying 1.00 for it in 1995. Mr. Byers served as an Independent Director and Chairman of Sierra Income Corporation, a non-traded business development company (BDC) sponsored by Medley LLC (NYSE:MCC), from 2012 to 2022. This case study consists of the "Report of the Board of Banking Supervision Inquiry into the Circumstances of the Collapse of Barings, 18 July 1995." Events. Prior to these positions, starting in 2007 John served as managing partner in KPMG's Charlotte office and became the Chair of the Charlotte office in 2009 until retirement in 2016, where he was the market leader for KPMG's Carolinas, Florida, and San Juan offices. Robert is also a director of Okeanis Eco Tankers, Emergent Capital, and the Pacific Alliance Asia Opportunity Fund and its related entities and Pacific Alliance Group Asset Management Ltd., based in Hong Kong. Maintaining company resources. This mission continues to drive the firm today. Since 2014, Mr. Byers has been engaged periodically as an independent consultant to provide expert reports and opinions in financial and investment related matters. Find Barings Bank stock photos and editorial news pictures from Getty Images. Performance evaluation is a key means by which boards can recognise and correct corporate governance problems and add real value to their organisations. The average Barings hourly pay ranges from approximately $30 per hour for an Intern to $65 per hour for a Summer Analyst. All rights are reserved. Our experienced team seeks differentiated sources of return across private equity, real assets and asset-based investments. At Barings, we strive to act responsibly today in order to help deliver a more sustainable tomorrow. He is also Chairman of the U.S. High Yield Investment Committee, a member of the Global High Yield Allocation Committee and a portfolio manager on various high yield strategies. Barings Insurance Solutions group develops customized solutions leveraging the firms experience and capabilities across public and private asset classes. Baring Bank was founded in 1762 by Francis Baring, a . He is the Founder and Chief Investment Officer of Ironsides Partners LLC, a Boston based investment manager specializing in closed-end funds, holding companies, and asset value investing generally.