1. CV Ian Cook
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Professional Summaryfor Ian Cook
I am a Chartered Accountant (FCA) and a Chartered Engineer through the Institute of Materials Minerals and
Mining (MIMMM, C.Eng). My latest roles are as a director of Greystone Trust Company Limited and as a
consultant for Greystone LLC from whichI have recentlyretired. I am applying to researchfor a part-timePhD at the
University of Birmingham, but will continue to be island based.
Skill Set
Management – Business, project, staff, client, change
Formostof mycareerI have hadto learnandapplyvarious managementskills. From 2006to2013I wasthe runningthe
accountancypracticeforGreystone as well as beinganexecutive directorinthe trust company. Duringthis time the staff
rose from 8 to 20 peopleandwe were shortlistedfor an Isle of ManBusinessAward for Excellenceandourturnover grew
continuously. Managing client expectations is a key aspect of running these businesses. Managing a team of people
across3 sites as I did with Leyland Daf provided its own challengesandprojectmanagementwaskey to my engineering
roles.
Accounting, auditing & finance
I have been workingin the Manxfinancialsectorfor20 years withinGreystone and its predecessorentities. I have been
the auditor of a range of companies, both local and international, in a variety of sectors. These have included AIM and
Plus listed organisationsandhave beenin varied sectors,notably Manxregulatedfinancial,insurance,miningandmedia.
I have had to make audit visits to Europe and Asia. From this work I have developed knowledge of financial reporting,
especiallyundertheUKand IFRSsystems. It hasbeenessentialthat I am ableto connectwithstaff at alllevels as I have
needed to take unpleasant news to Boards and to persuade clerks and shop floor staff to provide me with information.
Besides auditing I have worked with companies to provide management information. This usuallyinvolved working with
managementto identifyand analyse the importantfactorsto them, suchas sales mixes,and thenceprovidingmeaningful
reporting.
Company secretarial & legal
As anexecutivedirectorofGreystoneTrustCompanyLimited(anIoM FSAregulatedentity)alargepart of myresponsibility
was to act as a clientcompanydirectorandto administerandoperatethose companiesinaccordancewithapplicablelaw
andpractice. As suchI neededagood familiaritywith companylaw, andneededawarenessof law not onlyin the Isle of
Manbut other jurisdictions such as the UK, BVI etc. As a qualifiedcompanysecretaryI have an obligation(whichI have
met)to keep upto date with suchlegislation. Part of directorialresponsibilityisto ensurean orderlywindupof a company
whenits useful lifehas ended. I have actedasthe liquidatorfor numerousManxcompaniesandam abletoadvise onthe
desirabilityof various cessation routes. Such appointments have included court supervised liquidations as part of much
larger reconstruction schemes.
Isle of Man regulatory compliance
SinceIceasedasashareholderin GreystoneTrustCompanyLimited myrolehasbeenmorenon-executivebutI continued
my roleas MLRO (MonetLaunderingReportingOfficer) untilvery recentlyand still actas the Compliance Officer. Within
the companywe believe that providing a complianceroute to board level that bypasses the full executives provides a
valuable safeguard against potential conflicts.
Analysis
As notedabove I have neededtodemonstrateanalyticalskillstoprovidemanagementwithusefulinformation. Theseskills
are both verbal (to extract what is required, and what may already be being recorded, and to present numeric data) and
Contact details:
10 Oakdale, Douglas, Isle of Man, IM2 7BT, British Isles
Phone: 44 1624 676847
Mobile/cell: 44 7624 498568
E-mail: icook@manx.net,

2. CV Ian Cook
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numeric andcalculative(toturnrawdataintousableinformation). Besidesidentifyingappropriatemanagementinformation
I have used such skills for valuation purposes.
Familiarity with engineering, materials and quality management
For the first half of my careerI was a metallurgicalbasedengineerorscientist. I am still a registeredCharteredEngineer
and makeattemptsto keepmy familiaritywith the subjectupto date. However the skillsand knowledgefrom that period
canbevery relevant. Myknowledgeofqualitymanagementisapplicabletomostofthe companiesandentitiesIdealwith,
especiallywhen combined with myanalytical skills. There are too many occasions when things go wrong because the
systems in place have not been criticallyappraised in the light of an organisations specific needs. Occasionallytoo my
specific metallurgical knowledge is relevant - for example when I have been auditing a gold mine in Uzbekistan.
Career highlights
Greystone growth
Greystone grewoutof theIsle of ManpracticeofBDO International. FollowingmyacquisitionofthepracticeinJune2006
I reorganisedtheworkintotwomorefocussedcompaniesforaccountancyandcorporateworkundertheGreystonebanner.
Thefocussedmanagementstructurepaiddividendsandturnoverdoubledwithintwoyearsandallowedus toprovideproper
staffing levels to serve the business.
Jerooy valuation
While acting as auditor for the Oxus Gold group the management had a serious issue when the Kyrgyzstan government
revoked the operating licence for the Jerooy gold mine prospect. I was commissioned at short notice to report on the
valuation of the prospectfor compensationandarbitrationpurposes. Myvisit to the minesite was, I am told, a majoritem
on Kyrgyz television news that day.
Merging Leyland Daf laboratories
Duringmy timewith LeylandDaf I identified and actioned theopportunityto bringboth the assemblyplant and component
plantlaboratoriesundercommonmanagement thus allowing commonalityof approach and cost and efficiencybenefits.
Demonstrating Trent engine intercasing and establishing the safety case
At Rolls-RoyceI was developingthe use of largecastingsin aeroengines. A highlightwas to be ableto demonstratethe
productionofa casttitanium intercasing(betweenthecompressorandthecombustionarea)forthe thennew Trentengine
and to write the safety specification for this vital part which connects the engine to the aircraft.
Globe management accounts and audit support & thence pitching for EV work
Globe was a reinsurance subsidiaryof a major insurer. As a subcontractor I produced the management accounts and
carriedoutthefinancialmanagementfunction andalsodealtwiththeauditors. As aresultof thesuccessofthisrelationship
I was invited to pitchfor asimilarrolefor anotherspecialprojectwhichtheinsurercarriedoutontheisland. Thepitchwas
successful and beneficial to both parties.
Chronology
2013 to date: Greystone LLC – Consultant & Greystone Trust CompanyLimited – Director
2006 – 2013: Greystone LLC – Senior Partner and Owner &Greystone Trust CompanyLimited – Director and Owner
2001 – 2006: BDO Isle of Man – Partner and Owner &Greystone Corporate Services Limited – Director and Owner
1996 – 2001: BDO Binder, Isle of Man – Accountant then Audit Manager
Thereisacontinuityfrom 1996to the presentprovidedby an overlapof ownersand/ordirectorssuchthatthe businesscan
be treated as one evolving entity over the period.
1994 – 1996: Strix Limited, Isle of Man – QualityEngineer
1989 – 1993: Leyland Daf plc – Prinicipal Engineer
1986 – 1989: Rolls-Royce plc – Prinicipal Scientist
Education
M.Phil – Universityof Surry – Thesis concerning the solidification of type 316 stainless steel
MA– St. Catherine’s College, Oxford – Metallurgyand Materials