Board of directors

At New Star, the founding principle is to bring together the very best experience in the investment world - individuals with proven management abilities and outstanding entrepreneurial skills. These handpicked individuals from the financial services industry share the same vision - to build New Star as a highly successful, dynamic business.
John Duffield

John Duffield

Founder and executive chairman

John Duffield founded Jupiter Asset Management in 1985 and built it into one of the UK's most successful retail fund management businesses. Within 15 years, Jupiter's funds under management grew to £14 billion and the company attracted approximately one million investment accounts. In the five years before John left Jupiter in 2000 it received more than 100 investment awards.

Howard Covington

Howard Covington

Chief executive

Howard Covington joined New Star as a non-executive director in August 2000, becoming chief executive in January 2001. Previously he was chief executive of the European investment banking business of Wasserstein Perella from 1996 to 2001. Prior to this he was a director of SG Warburg, where he was a corporate financier for 10 years.

Rupert Ruvigny

Rupert Ruvigny

Finance director

Rupert Ruvigny joined New Star in October 2000. Previously he was deputy chairman of PricewaterhouseCoopers' financial services regulatory practice. He qualified as a chartered accountant with Price Waterhouse (now PricewaterhouseCoopers) in 1984. He was made a partner in 1992 and specialised in asset management and regulation. He was seconded to IMRO (superceded by the Financial Services Authority) initially as head of investigations and subsequently as director of monitoring.

Michael Astor

Michael Astor

Technical director

Michael Astor joined New Star in February 2001. Before joining New Star, he was a director of Jupiter International Group Plc with specific IT responsibilities. He joined Jupiter from the electronics industry having studied engineering and economics.

John Jay

John Jay

Business development director

John Jay joined New Star in January 2001. He became a financial journalist in 1981 and joined The Sunday Telegraph in 1984. He became City editor of The Sunday Times in 1986, became City and business editor of The Sunday Telegraph in 1989 and was appointed managing editor of The Sunday Times' business section in 1995.

Richard Pease

Richard Pease

Director of European equities

Richard Pease has 24 years' asset management experience and joined New Star in July 2001. Previously he was head of European investment at Jupiter and manager of its European fund. He joined Jupiter as a fund manager in 1990, having previously been a fund manager at the Central Board of Finance for the Church of England.

Mark Skinner

Mark Skinner

Director of retail fund sales and marketing

Mark Skinner joined New Star in July 2001. Previously he was sales and marketing director at Norwich Union, where he was responsible for investment fund development. After working for the Financial Times and Save and Prosper, he became sales director for Baring Fund Managers, being appointed managing director in 1992. He joined the board of Baring Asset Management in 1996 and became chairman of Baring International Fund Managers in Dublin.

John Craig

John Craig, CBE

Deputy chairman and senior non-executive director

John Craig became a non-executive director of New Star in October 2005. Until August 2005 he was a director of New Star Investment Trust PLC. During his career he was managing director of N.M. Rothschild & Sons Limited, a director of Standard Chartered plc, chairman of the executive committee of the British Bankers Association and a member of the Deposit Protection Board. He has been a director of several other companies, including Jupiter International Group Plc, and of several investment trusts.

David Gamble

David Gamble

Non-executive director

David Gamble became a non-executive director of New Star in October 2005. Until 2004 he was chief executive of British Airways Pension Investment Management Limited which he joined in 1993. Prior to this he was joint managing director of County Natwest Investment, after working at N.M. Rothschild & Sons Limited and GEC Pension Fund. He is a director of IBM Pensions Trust Limited and John Lewis Pension Trust Limited and of four investment trusts and a number of other companies. He was a member of the National Association of Pension Funds investment committee from 1994 to 1998.

John Tiner

John Tiner

Non-executive director

John Tiner became a non-executive director of New Star in April 2008. John was chief executive of the Financial Services Authority (FSA) between September 2003 and July 2007 having joined the FSA as managing director, consumer, insurance and investment business, in 2001. Previously, he was managing partner at Andersen, responsible for its worldwide financial services practice.