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Sir Michael Rake

Phoenix Global Resources plc
NewDay Cards LTD
Sir Michael Rake, age 70, is Chairman of Phoenix Global Resources plc (formerly Andes Energia), an oil, natural gas, and petroleum exploration and production company, and of NewDay Cards LTD, a financial services company specializing in providing credit products to consumers in the United Kingdom. He also serves as lead director of Worldpay Group plc (formerly RBS Worldpay), a UK based global payment processing company and has also been Chairman of Majid Al Futtaim Holding LLC since 2010. Additionally, he has been Chairman of the International Chamber of Commerce (ICC) in the UK, since 2015. Previously, he served as Chairman of BT Group plc, one of the largest communications companies in the world, from 2007 through 2017. He was also Chairman of KPMG International, one of the world’s leading accounting organizations, with operations in 148 countries and more than 113,000 professionals working in member firms worldwide. After joining KPMG in 1972, he served the company in various capacities in Belgium, Luxembourg, the Middle East and London, and led a number of major global clients’ services teams. He joined the company’s UK Board in 1991, was elected UK Senior Partner in 1998 and named International Chairman in 2002. Sir Michael is the former Chair of the Commission for Employment and Skills in the UK and was Chairman of easyJet plc from 2010 to May 31, 2013. Sir Michael was Non-Executive Director (2008-2012) then Deputy Chairman at Barclays plc (2012-2015). He was President of the Confederation of British Industry until July 2015 and was formerly on the Board of the Financial Reporting Council. He is a member of the Advisory Council for Business for New Europe, on the Board of the Trans-Atlantic Business Council and is a William Pitt Fellow at Pembroke College, Cambridge. He is also a Senior Adviser for Chatham House, a member of the Oxford University Centre for Corporate Reputation Global Advisory Board, and Vice President of the Royal National Institute of Blind People (RNIB). Educated at Wellington College, where he was formerly Chairman of Governors and Vice President, Sir Michael is qualified as a UK chartered accountant. He was knighted in 2007.

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