Creating A Positive Dialogue with Regulators, Government and the Media
The Quoted Companies Alliance champions the UK’s community of 1000+ small and mid-sized publicly traded businesses and the firms that advise them.
We believe the public markets can be the best place for companies to source the funds to grow, operate transparently and distribute wealth, fairly.
The QCA seeks to inform policy in dialogue with regulators and government, showcase the latest thinking on leadership, investment, technology and governance through our events and research, and provide a forum to share good practice among our members, who are quoted on the Main Market, AIM and the Aquis Stock Exchange.
Informed by our seven Expert Groups drawn from the membership, we campaign to ensure that regulation is proportionate, while maintaining the necessary protections for investors. Our QCA Corporate Governance Code is followed by the vast majority of AIM companies.
Small and mid-sized publicly traded companies represent 91% of the quoted sector. They employ around 2.1m people and contribute more than £25bn in annual taxation [source].
Our goal is to create an environment where their potential is fulfilled, helping to ensure a healthy and resilient UK economy.
The QCA Corporate Governance Code
We develop and publish the number one governance code for UK growth companies that has improved the conversation between companies, their investors and wider stakeholders for more than a decade.
We influence policy
We influence regulatory change to promote sustainable and supportive equity markets for small and mid-caps so that they can focus on growth.
We create interaction
We connect our members through events to enable them to gain a greater understanding of the latest policy advances, swap ideas with peers – and forge new business connections.
We inform our community
We publish guides and reports to empower our members and the wider community with information their businesses need, helping them to make good decisions.
The principal objective of the Quoted Companies Alliance is to operate as an independent membership organisation championing the interests of small and mid-sized quoted companies.
We believe small and mid-caps have a major impact on the UK economy as well as wider society. As such, we are set up in a way that ensures inclusivity and legitimacy so that our work is informed by the experiences and interests of those we are impacting. This is achieved by ensuring a board of directors representative of our community, well focused committees and seven expert groups composed of experienced professionals drawn from our membership. We endeavour to ensure a fair, diverse and inclusive representation within our leadership as well as a transparent and open governance process.
We are a private company limited by guarantee without a share capital, as such, we do not make distributions to our members.
The directors of the company are the guarantors, each of whom has undertaken to contribute to the assets in the event of the company being wound up such amount as may be required, not exceeding £1.
The Board
The directors are appointed by the full membership at the annual general meeting and are appointed for a term of three years. They are eligible for re-election for two further terms, unless it is agreed by the board of directors that they may offer themselves for re-election beyond that time. A President, the Chair, the Deputy Chairs and the Treasurer are appointed as required by the board.
The board determines the strategy of the organisation and approves the annual budget and sets the annual membership fees for corporate and advisor members as part of that process.
The board has scheduled meetings at least 4 times per year. Committee meetings are organised to dovetail with the board meetings.
View our board of directors here.
Committees
The Operations Committee reviews performance against budget and monitors the day-to-day activity of the company. The Remuneration Committee sets the remuneration of the Chief Executive and approves the remuneration of the other members of staff. There is also a Nomination Committee that oversees, and recommends changes to, the composition of the board, the appointment of the Chair and Chief Executive, as required.
Expert Groups
Much of our operational output is driven by eight expert groups that focus on policy and good practice. Working groups are established on subjects that involve more than one expert group and will also include participants drawn from the board and the wider membership.
In order to ensure that the work of the expert groups coordinates with the strategy of the organisation, chairs of the expert groups meet together and with members of the board at least twice a year.
Details of our expert groups and their scope of work are available here on our website.
Reporting to the Membership
The Annual Report and Financial Statements are approved by the board and are filed at Companies House.
An Annual Review describing the work of the organisation is published each year.
A list of members is available here on our website.
Meet The Team
We are a small team with big ambitions: to represent our members' interests with government, regulators and the media.
“The QCA's guidance in simplifying complex regulation is a valuable resource and reference point in achieving our corporate governance commitments.”
Dick SteeleChairman, Portmeirion Group plc
Reyhan is the Policy Executive and joined the Quoted Companies Alliance in April 2026. He manages the QCA’s policy expert groups and shapes the QCA’s responses to government and regulators on issues affecting the UK’s small and mid-sized publicly traded companies.
Before joining the QCA, Reyhan has worked at the Association of British Insurers and the Indonesian Ministry of Foreign Affairs. He holds a BA in Business Management from the University of Exeter and an MSc in International Public Policy from Queen Mary University of London.
Eve is the Membership Executive at the Quoted Companies Alliance, where she is dedicated to delivering a high-quality experience for our community. She manages the full membership lifecycle – from processing and renewals to maintaining the CRM database – ensuring seamless service as a primary point of contact for member enquiries.
Beyond her core membership and recruitment work, Eve provides vital support to the QCA’s policy team. This includes coordinating expert group meetings, assisting with research projects, and contributing to formal consultation responses for government and regulators.
Eve joined the QCA in 2025 after graduating with First-Class Honours in International Politics from the University of London Institute in Paris.
Sheldon leads the QCA’s policy agenda, representing the interests of small and mid-sized quoted companies and working with policymakers, regulators, investors, and member companies to ensure proportionate regulation and competitive UK public markets.
Before joining the QCA, Sheldon was Senior Policy Adviser at the Association of British Insurers (ABI), where he focussed on UK and international tax policy issues including OECD Pillar Two reforms, Life and Product Taxes, and ESG. He previously worked at the Confederation of British Industry (CBI) as a Senior Tax Adviser, where he led on domestic taxation and was part of their UK coronavirus response team.
Sheldon holds a degree in Economics from the University of Reading and is a member of the Chartered Institute of Taxation.
Ruby joined the Quoted Companies Alliance in May 2021 and is responsible for managing communications across the business.
She has a dynamic background in finance, global energy and the non-profit charity sector.
Prior to joining the QCA, Ruby led international communication strategies, social responsibility and crisis communications for a global energy company, alongside managing high-profile events including the World Economic Forum (WEF) in Davos and the UN Climate Change Conference (COP). An advocate for social impact and governance, she serves on the board of a youth engagement charity where she previously served as Chair.
Ruby holds a BA (Hons) in Business Management from the University of Westminster and a MSc in Global Governance and Public Policy from Birkbeck University.
Melanie is responsible for overseeing the end-to-end member journey, from onboarding and retention to renewal processes. Her role is centred on ensuring a seamless and high-quality member experience, fostering strong relationships, and implementing strategies to increase membership and engagement.
With a solid background in membership management at organisations such as The Association of Chief Executives of Voluntary Organisations (ACEVO) and The Chief of Staff Association (CSA), Melanie brings experience in delivering excellent service within membership organisations, trade bodies, and professional associations.
In her role at QCA, Melanie is committed to supporting initiatives that enhance member satisfaction, loyalty, and community engagement, contributing to the overall growth and success of the organisation.
Jonathan is a Chartered Accountant who enjoys running the internal finance function at the QCA on a part-time basis. Jonathan is involved in day-to-day finance and compliance processes such as bookkeeping, payroll and VAT, as well as periodic budgeting, audit management and more. Outside of the QCA he runs an accountancy firm called NewLief, which offers accounting, tax and advisory services to a range of clients.
Sangita is a seasoned director, having served on various PLC boards across diverse industries.
She is currently Chair of Big Technologies PLC, Non-Executive Director of Nasdaq-listed Forward Industries Inc., Trustee of Willow Foundation, chairs Windsor Leadership Programmes, Senior Independent Director and Remco Chair of Treatt PLC, Non-Executive Board Director of Rockwood Strategic PLC and serves as Investor Director for a handful of privately owned companies.
Her appointments have also included Non-Executive Chair of AIM-traded Kinovo plc and RA International plc, Interim Non-Executive Chair of Inspired PLC and Board Director of Ten Entertainment Group PLC.
As a full-time director, she has held a number of senior roles within blue-chip organisations, including Unilever, Mars, Ernst & Young, and KPMG. She was also a former Board Director of Swindon Town FC, Commonwealth Business Council, Trustee of Care International, and a past President of the Chartered Institute of Journalists. She has consulted for a number of organisations, including HM Cabinet Office, HSBC, and other blue-chip companies.
Sangita is a qualified accountant and a frequent keynote Chair and speaker at forums for the Windsor Leadership Trust and, in the past, the European Parliament.
Fabrizio is an experienced events manager and strategist with a background in communications, public engagement, and cross-sector collaboration. He has delivered impactful campaigns and coordinated high-profile events across non-profit, cultural, and commercial settings, with a focus on clarity, connection, and strategic execution. He brings a thoughtful, collaborative approach to every project, balancing operational precision with emotional intelligence.
Cleo is the PA to the CEO. Cleo is the secretary for the board of directors and is responsible for the general management of the office.
Our Membership Directory
The QCA's membership is made up of growing companies whose shares are publicly traded on any UK stock exchange, as well as the firms that support them: brokers, nominated advisers, accountants, lawyers, registrars, banks, corporate financiers, investors, technology providers, PR consultants, IR experts, headhunters. To find out more, search our Membership Directory.
DirectoryOur Board of Directors
QCA directors are drawn from across the membership, the City of London and UK plc.
Gervais Williams was a previous Chairman of the Quoted Companies Alliance and took on the honorary, non-board position of QCA President in October 2023. Gervais manages a number of funds that aggregate to between £0.5 – 1bn.
Gervais’s fund management career extends over 30 years including 17 years at Gartmore. In 2011, he joined Premier Miton where he has set up a number of new funds with Martin Turner. He was a former board member of The Investment Association, the government’s Patient Capital Review and is an advisor the AIM Advisory Council.
Gervais is a regular industry commentator at conferences and in the media, including on the Radio 4 Today program. He is also the author of a number of books on the changing economic outlook. His first book 'Slow Finance' was published in the autumn of 2011, with his second book 'The Future is Small' in November 2014, and his third book ‘The Retreat of Globalisation’ in December 2016.
Sangita is a seasoned director, having served on various PLC boards across diverse industries. She is currently Chair of Big Technologies PLC, Interim Non-Executive Chair of Inspired PLC, Non-Executive Director of Nasdaq-listed Forward Industries Inc., Trustee of Willow Foundation, Chairs Windsor Leadership Programmes, and serves as Investor Director for a handful of privately owned companies.
Her appointments have also included Non-Executive Chair of AIM-traded Kinovo plc, RA International plc, and Board Director of Ten Entertainment Group PLC.
As a full-time director, she has held a number of senior roles within blue-chip organisations, including Unilever, Mars, Ernst & Young, and KPMG. She was also a former Board Director of Swindon Town FC, Commonwealth Business Council, Trustee of Care International, and a past President of the Chartered Institute of Journalists. She has consulted for a number of organisations, including HM Cabinet Office, HSBC, and other blue-chip companies.
Sangita is a qualified accountant and a frequent keynote Chair and speaker at forums for the Windsor Leadership Trust and, in the past, the European Parliament.
Mark is a corporate partner in the London Office of Dorsey & Whitney specialising in UK securities’ laws and public and private acquisitions and disposals. He has advised banks and issuers on over 60 IPOs and secondary issues (placings, open offers and rights issues) both on AIM and on the Main Market of the London Stock Exchange.
Mark is an active ambassador for the UK’s public markets and, in his capacity as Chair of the QCA’s Legal Expert Group, he has contributed to numerous government consultations on the legal and regulatory environment in which quoted companies operate.
Thin Chambers is a qualified FCCA, and CFO at Innovate Finance Limited, the UK’s leading Fintech membership organisation.
Thin started her career at RSM Audit before founding her own firm in 2010, TNC Accountancy Services Limited, which provides independent and outsourced accounting and consultancy services. Thin worked with The QCA as a consultant between 2011 and 2023 and therefore has extensive knowledge of the organisation, its strategies and its operations.
Thin joined Innovate Finance as a consultant in 2017 and then joined the executive board as CFO in 2021. With over 20 years’ experience within audit practices and exposure to many different industries, Thin has also been involved in the audits of AIM listed companies, IPOs, advising FCA registered and start-up businesses, family offices, and not for profit organisations. Thin currently supports the CEO of Innovate Finance with operational and financial strategies, risk management, HR and team management, as well as overseeing the organisation’s international hubs network.
Bim is currently Chief of Staff and Strategy at Acrisure. He is also Non-Executive Director at HSBC.
He has served as the Conservative Member of Parliament for Hitchin and Harpenden from 2017 until 2024. During his time in office, he became the youngest ever City Minister, while also taking on the role as Economic Secretary to the Treasury.
Bim has previously served as Chair of several Cross-Party Groups, including the All-Party Parliamentary Group for Financial Markets & Services. He also was the joint founder and Chairman of the Regulatory Reform Group, a group of prominent Conservative MPs working to reform the British regulatory system.
Prior to his political career, Bim worked as a corporate lawyer at Freshfields and Simpson Thatcher & Bartlett, as well as a senior executive at HSBC.
James is the Chief Financial Officer of Breedon Group Plc an international supplier of heavy side construction materials listed on the Main Market of the LSE and a constituent of the FTSE 250 Index.
He was previously the Chief Financial Officer of Safe Harbour Holdings plc and Tyman plc.
His early career was in investment banking with Citi and HSBC having qualified as a Chartered Accountant with EY.
James sits as the QCA's representative on The Panel on Takeovers and Mergers and The Pre Emption Group.
Steven has been the Chief Executive of Peel Hunt since 2016. Prior to become Chief Executive, he co-ran the firm as Managing Partner and Head of Equities. Steven led the management and staff buy-out of Peel Hunt from KBC bank in 2010.
Steven was a founding member of D. E. Shaw Securities International, which later became the core of KBC Financial Products. At KBC he managed the Japanese and Asian Equity, Convertible and Derivatives operations in Tokyo.
Steven is Deputy Chair of the FCA Markets Practitioner Panel whose key remit is to represent the interests of financial markets participants and to provide input to the FCA.
Steven has been a judge for the Non Executive Director Awards for over 15 years. Steven has an accountancy degree and holds a certificate in corporate governance from INSEAD.
Kellie has over 24 years of dealing with global regulation and risk management in the financial services industry. She also serves as a NED on Ecology Building Society and is a founder of a consultancy that advises start-ups, SMEs and listed companies on financial, risk management and sustainability standards. She helps businesses build efficient operating models, secure funding, obtain licenses and navigate change with a focus on purpose led and social impact businesses.
Kellie has an executive MBA from the Australian Graduate School of Management. Outside of consulting, she is a career coach to executives and a London based charity for disadvantaged kids in the UK.
Peter Harris is the former CFO of Next 15 Group, the tech and data driven growth consultancy. He joined as its Chief Financial Officer in November 2013 and was appointed as Executive Director in March 2014. Peter’s financial experience spans 30 years and he has extensive media experience, having spent the last 20 years in finance roles in the media sector. From July 2013 until December 2018, he was a Non-Executive Director of Communisis plc and Chairman of its Audit Committee. He was previously the Interim Finance Director at Centaur Media plc, Interim CFO of Bell Pottinger LLP, CFO of the Engine Group, and CFO of 19 Entertainment. Prior to that, he was Group Finance Director of Capital Radio plc. Peter has considerable experience in UK and US listed companies, with international exposure.
Scott Knight is a partner at BDO LLP, where he leads on Growth & Strategy. Prior to this, Scott led BDO’s Audit Business for ten years. He was, for a number of years, a member of the judging panel for the NED Awards and is a keynote speaker at the AIM Awards.
Judith MacKenzie became Chair of the Quoted Companies Alliance in October 2022.
Judith joined Dowing LLP in October 2009 and founded Downing Fund Managers in 2010, the boutique public equity division of Downing LLP. Judith manages the award-winning Downing Aim Estate Planning service, having delivered returns of 183% to investors since its inception in March 2012, versus the AIM index up 12% (to end of May 2025), leading the philosophy with a value bias.
Prior to Downing, Judith was part of a 5 person buy-out of the Small Cap and Venture assets from Electra Private Equity, and prior to that Co-Fund Manager of the Aberdeen Murray Johnston Venture Capital Trusts. Judith is familiar investing in both private and public markets and has held Board positions on PLCs, private companies and Governmental bodies. Judith is currently a Non-Executive Director of Oryx International Growth Fund Plc.
Linda sits on the boards of two AIM quoted companies (MHA Group and EARNZ) and three private companies.
Linda Main is a Chartered Accountant who retired from KPMG LLP in September 2023 after a long career leading their Capital Markets Advisory Group. Linda has advised on well over 100 IPOs and significant transactions by listed companies of all sizes ranging from start ups to members of the FTSE 100. She was also a member of the UK board of KPMG where she chaired the Risk Committee and sat on the Audit Committee.
Until December 2023 Linda was a member of the London Stock Exchanges AIM Advisory Group and earlier in her career, she sat on a number of the QCA’s technical committees.
Adam McConkey was a previous Chair of The Quoted Companies Alliance.
Adam is Portfolio Manager at Lombard Odier Asset Management (Europe) Limited and has been a Fund Manager for nearly 2 decades, 15 years of which has been dedicated to investing in UK listed smaller companies.
Adam became Head of UK smaller companies at Gartmore in 2010 a role in which he continued in when Gartmore was acquired by Henderson in 2011. The team, known by Volantis, the name of their flagship fund, run circa £1b investing on behalf of public bodies, blue-chip pension funds, family offices and individuals, and is now part of Lombard Odier Asset Management (Europe) Limited.
Adam’s sponsorship of good stewardship in investment decision making and the launch of product with dedicated active engagement strategies have seen him working closely with other stakeholders in the UK listed smaller company community to promote an infrastructure and policy environment that encourages investment. He is a member of the AIM advisory panel. Adam has a PhD in international relations and previously lectured in politics and economics.
Join Our Team
Want to join us? The QCA periodically has vacancies, which will be advertised on our website, with members and via our social media channels.