Ian Peden, Chairman & Deputy Chief Executive Officer

Mr Ian Peden, is a Fellow of the Chartered Institute of Management Accountants and currently serves as a non-executive director and partner at Team B Partners LLP. Mr Peden has significant public company and international experience through senior divisional roles at Chloride Group plc, as finance director for the UK Sales & Service Division, and Marconi plc, as European Finance Director in the Access Division.

Mr Peden has over 30 years of industry experience, beginning his career as a qualified electronic and communications engineer before also qualifying as a production engineer. Prior to his role at Team B Partners LLP, Mr Peden held the position of CFO at Trilogy Communications Holdings Ltd, a global communications provider.

One of the directors at Proton Motor, a leading producer of hydrogen fuel cell systems

Achim Loecher, Non-Executive Director

Until July 2016 Achim Loecher was with Proton Motor Fuel Cell GmbH.
As CFO of the company he is responsible for the divisions finance, controlling, treasury. Achim Loecher has many years of expertise in the field of finances and furthermore possesses broad experiences in operational and strategic corporation management, fund raising, initial public offering, pre- & post-merger management as well as management consultancy.

Prior to joining Proton Motor Achim Loecher worked for over 15 years in international and national companies as manager and Member of the Board. His main fields of business activities were primarily commercial direction and business management as well as the enterprise restructuring.

Achim Loecher studied business management at the Ludwig-Maximilians-Universität (LMU) Munich and started his business career in 1988 as financial analyst for Digital Equipment Corporation in Munich.

One of the directors of Proton Motor, producer of hydrogen fuel cell systems

Faiz Francois Nahab Ph.D., Chief Executive Officer

Faiz Nahab has over 35 years of executive management experience in company restructuring and expansion. For more than 20 years he served as consultant to major international companies on technical and high technology projects with focus on product sales, marketing and product development. He has a strong background in project management including project finance and control. As entrepreneur Faiz successfully developed a medical infrastructure company and developed an expert team for installing and commissioning of industrial equipment and machinery covering areas such as clean and waste water projects, cement and urea factories. The main business of his companies is based in the Middle East with involvement in country infrastructure construction in partnership with major international partners as MSD, Siemens AG, Carl Zeiss and others.

He still holds various Directorships at companies in the pharmaceutical, medical and technology sector, some of them as CEO and Chairman. Faiz Nahab had academic undergraduate education in Electronics at Southampton, postgraduate PhD at Kent University UK in Electronics and full membership of MIEEE.

One of the directors of Proton Motor, producer of hydrogen fuel cell systems

Helmut Gierse, Non-Executive Director

Helmut Gierse has over 30 years of international industry experience covering the fields of factory automation, process industry and power generation. His experience comes from his work in R&D, production, sales and marketing.
His expertise has been gained from a range of industry positions at the management level, most recently as the CEO and President of the Siemens Group in Automation and Drive in Germany. Helmut Gierse is currently an independent industry consultant.

Helmut Gierse studied Electronic Engineering at the Universität Erlangen in Germany. He speaks German, English, French and Spanish.

Remuneration Committee

  • Faiz Francois Nahab Ph.D. (Chair)
  • Ian Peden

The Remuneration Committee is responsible for the determination of terms and conditions of service of executive directors.

Audit Committee

  • Achim Loecher (Chair)
  • Helmut Gierse

The Audit Committee is primarily responsible for monitoring the quality of internal control and ensuring the proper measurement of and reporting on the financial performance of the Group as well as for reviewing reports from the Group’s auditor.

Nomination Committee

  • Ian Peden (Chair)
  • Francois Faiz Nahab Ph.D.

The Nomination Committee is primarily responsible for reviewing the balance and effectiveness of the Board and identifying the skills needed and those individuals who might best provide them, and shall ensure a formal and transparent appointment procedure of the Board.