Archangel appoints new chief executive

Peter Shakeshaft, who has spearheaded the development of the Archangel Informal Investment for the past five years, has announced he is handing over the management of the syndicate to newly-appointed chief executive, John Waddell, currently director with merchant bank, Noble Grossart. After many years as a driving force within the syndicate, the former Gatekeeper believes the time is right to play a less prominent role and reduce his day-to-day commitment. However, Shakeshaft will remain on the syndicate’s board and continue to serve on the boards of several Archangel companies.