Meet the team
Get to know the professionals in our investment team and our board of directors
Jason Baggaley
Fund Manager
Jason Baggaley manages the Guernsey registered and London-listed abrdn Property Income Trust. Jason, who joined the company in 1996, has over 30 years' industry experience and has managed API since August 2006. Jason is a Member of the Royal Institution of Chartered Surveyors.
Mark Blyth
Deputy Fund Manager
Mark Blyth is the Deputy Fund Manager on the abrdn Property Income Trust. Mark joined the company in 2011 and has 20 years of industry experience and is also a Member of the Royal Institution of Chartered Surveyors.
James Clifton-Brown
Chairman
James Clifton-Brown is a UK resident. He joined CBRE Global Investors in 1984 as a fund manager on the Courtaulds Pension Scheme Account (now Akzo NobelPension Scheme) and became the firm’s UK Chief Investment Officer (“CIO”) in 1996. He retired from this role on 30 April 2017. In his role as UK CIO, James had responsibility for the firm’s UK house strategy and risk management as well as client and investor relationship management. Since 2004, he has also been a director on a number of boards relating to CBRE Global Investors Limited. He is a voting member on the USA and European Investment Committees of CBRE Global Investors.
Mike Balfour
Board Member
Mike Balfour is a UK resident. He is a member of the Institute of Chartered Accountants of Scotland and was chief executive at Thomas Miller Investment Ltd from 2010 to January 2017. Prior to this, he was chief executive at Glasgow Investment Managers and chief investment officer at Edinburgh Fund Managers Limited. Mike has 30 years of investment management experience and was appointed to the Board on 10 March 2017. He is also a director of Fidelity China Special Situations PLC, BSC Social Impact Trust plc and chairs the Investment Committee of TPT Retirement Solutions.
Michael Bane
Board Member
Appointed a Director on 1 February 2022, Mike retired as an assurance partner in Ernst & Young LLP ("EY") on 30 June 2018. He has over 35 years' experience in practice with a focus on the asset management and real estate industries. He was a member of EY's EMEIA Wealth and Asset Management Board and was responsible for EY's services to those industries in the Channel Islands. He moved from London to Guernsey in 1997, where he has been resident ever since. Mike is a non-executive director, and chairman-designate, of HICL plc. In addition, he is a non-executive director of The Health Improvement Commission for Guernsey & Alderney LBG.
Jill May
Board Member
Jill joined the Board in March 2019 and chairs the Nominations and Remuneration Committee. She is an External Member of the Prudential Regulation Committee of the Bank of England and is also a Non-Executive Director of JP Morgan Claverhouse Investment Trust plc, Ruffer Investment Company and Alpha FMC. Jill was a Non-Executive Director of the CMA from its inception in 2013 until October 2016. Prior to that, she spent 25 years in investment banking, 13 years in mergers & acquisitions with SG Warburg & Co. Ltd. and 12 years at UBS AG. She is a UK resident.
Sarah Slater
Board Member
Sarah Slater is a UK resident. She is the Chief Executive of The Eyre Estate, a private family trust, a trustee of Dulwich Estate and was a board member of GRIP REIT Plc, one of the UK's largest residential REITs. During her career, Sarah held senior positions at The Canada Pension Plan Investment Board (CPPIB), ING Real Estate Investment Management (now CBRE GI) and Henderson Global Investors (now Nuveen) with responsibility for the delivery of major real estate programmes.