Barry brings 30 years’ infrastructure experience to his role as Chair at IML, including 15 years as a CEO in both the private sector (leading an investment and development business, now Invesis) and the public sector (leading Transport for the North and the Scottish Futures Trust). He co-authored the White-Frasier Review into operational PFI projects for the UK Government. At IML, he chairs the Board and works closely with the Executive team in setting the strategic direction for the company. Barry holds a BSc (Hons) in Civil Engineering and has extensive leadership training.

Nigel was instrumental in the formation of IML in 2005 and has since served as a non-executive director, providing strategic guidance on the company’s business development. He possesses extensive experience in the development, management and financing of Public Private Partnerships in the UK and internationally, gained from his work with HM Treasury, PwC, Barclays and 3i. In his role as an investor Nigel has significant experience in fund raising and corporate financing. Nigel trained as a Chartered Accountant, becoming an FCA during his time at PwC, and was approved by the Financial Conduct Authority as an investor.

Steve joined IML in November 2024 as CEO. Steve has extensive Executive and Board experience across a number of infrastructure investment and delivery businesses, including economic and social infrastructure, renewables and telecoms sectors. Steve’s most recent experience has been in the successful development of broadband and technology start-ups. He has previously been the Executive Vice President of the infrastructure business of one of the world’s leading development and construction groups and held senior roles within a number of investment and contracting organisations. He is a specialist leading PPP and concession-based projects.

He has considerable international experience with infrastructure developers and investment funds in UK, Europe and United States. Steve is a qualified QS and Accountant.

Doug joined IML in September 2026 as CFO. He is a senior finance leader with more than 22 years of experience driving financial strategy, commercial performance and operational transformation across large, complex global organisations. Prior to joining IML, Doug spent 12 years in senior leadership roles within the global life sciences sector in California, including five years serving as a divisional CFO. He began his career in London in audit and management consultancy, qualifying as a Chartered Certified Accountant (ACCA). During this time, he partnered with public and private sector clients to strengthen internal controls, modernise financial systems and optimise core business processes. At IML, Doug oversees the financial stewardship of the company and delivers robust financial and statutory services to investor clients across the portfolio.

Gemma joined IML in 2022 as an SPV General Manager in the healthcare sector and was promoted to Executive Director: Head of Management Services in 2025. She has 20 years’ experience in infrastructure investment and delivery in both the public and private sectors, working with an extensive network of stakeholders. Gemma leads the delivery of management services across IML’s portfolio, including commercial and compliance services. Gemma is a Chartered Accountant and a member of the Institute of Chartered Accountants of Scotland (ICAS).

Ian joined IML in 2020, initially in the Advisory team leading Lifecycle delivery for SPV Boards, and now is Senior Director: Strategic Growth, leading IML’s business development activities. He has over 30 years’ experience in frameworks, infrastructure, construction and facilities management in senior roles with clients, contractors and consultants. At IML, Ian now leads the business growth strategy, identifying innovation, service enhancements and new market opportunities to enhance value and mitigate risk for IML clients. Ian is a Member of the Royal Institute of Chartered Surveyors (MRICS) and a member of the Institute of Directors (IoD).

Caroline joined IML in 2018 and is responsible for delivering the IML People Strategy and supporting the business plan through HR activities and leading on corporate services, corporate compliance, technology, communications and support functions. Prior to IML, Caroline worked for Lloyds Banking Group, supporting their UK and International division gaining expertise in HR specialisms including business partnering, reward, employee relations and delivering complex organisational change. Caroline is a member of the Chartered Institute of Personnel and Development and holds an MA (Hons) in Psychology.

Tommy joined IML in 2010 and is the Head of Advisory Services and a member of the IML Board. He leads a multi-skilled team focused on strategic management and delivery of capital expenditure works across a diverse asset portfolio, providing innovative solutions to realise value for clients. With over 20 years’ experience, Tommy is responsible for identifying and realising lifecycle value and mitigating risk for projects and funds under management. He is a Chartered Member of the Institute of Workplace and Facilities Management (CIWFM) and the Chartered Institute of Building (CIOB).

Josh joined IML in March 2024 as an Investment Director, managing and representing BIIF equity on behalf of Alba Infra Partners. With over 16 years’ extensive operational experience within the infrastructure management sector, Josh is an SPC Director for a variety of assets across the UK. He is a Chartered Engineer and a chartered member of the Institute of Building Services Engineers (CIBSE). Josh holds a BEng in Building Services Engineering with first-class honours and an MSc in Building Services Engineering Management.

Fraser joined IML in 2025 as Business Programme Director and brings over 25 years’ experience leading large-scale transformation across telecoms, digital infrastructure and professional services. Known for driving operational excellence, commercial rigour and effective stakeholder engagement, he has delivered complex programmes that enhance service performance, reduce cost and strengthen governance. Fraser’s career includes directing global platform deployments spanning 50+ data centres, leading high-performing Professional and Managed Services teams, and advising clients on IT system selection, PMO establishment and business intelligence reporting. He holds an MEng and a Diploma in Management.

Prince joined IML in 2020 and is an Investment Director, providing strategic leadership to project companies in collaboration with the fund manager and shareholder. He has over 24 years’ experience in construction, infrastructure investment, facilities management and project finance, having held senior commercial roles at nuclear, FM and rail sectors. He specialises in asset management, value preservation and yield protection, leading complex negotiations, turnaround initiatives and exit strategies that safeguard and enhance shareholder returns. Prince holds a BSc in Quantity Surveying, an MSc in International Construction Management and an LLM in Law and Legal Practice.

Carl joined IML as an Investment Director in January 2023 and serves as the Shareholder Representative on over 30 SPV Boards. He has over 20 years’ PFI/PPP/LiFT experience, having been involved in all phases of projects and has held Programme Director roles managing significant investment programmes for public sector healthcare organisations. As an SPV Director, Carl is responsible for the running of Project Companies and for enhancing value. He is a Chartered Director (CDir).

Tracy joined IML in 2009 and is the Director: Head of Financial Administration in Finance. Her role focuses on managing the service delivery of day-to-day financial administration to clients. Tracy has over 15 years’ experience within PFI and Financial Administration. At IML, she manages a team of finance managers, ensuring financial compliance of administration tasks, providing support to SPV and finance managers and maintaining relationships with local authorities, FM providers and investors.

Emma joined IML in 2018 and brings over a decade of infrastructure and facilities management (FM) expertise, having led the delivery of PFI services across the healthcare, education, justice and blue light sectors in both FM and SPV roles. Prior to joining IML, Emma spent 18 years leading health, safety and environmental functions in the manufacturing, construction, oil and gas and energy sectors. She has applied this experience to shape IML’s approach to sustainability while maintaining a strong focus on customer service and business transformation. Emma continues to lead teams with a commitment to operational excellence and delivering value for clients. She holds a BSc (Hons) in Environmental Studies.

Alice joined IML in January 2026 as Head of ESG and Sustainability, where she is responsible for managing sustainability on behalf of Alba Infra Partners. Alice possesses a decade of experience in sustainability, spanning both in-house and client-facing roles. Prior to joining IML, she was a member of PwC’s Strategy& practice, where she focused on ESG within the context of M&A.

Through her previous roles, Alice has gained sugnificant expertise in ESG due diligence, sustainability strategy development, and sustainability reporting. Alice holds a BASc and CFA Certificate in ESG Investing.

Andy joined IML in 2015 and brings over 25 years’ experience in IT and technology leadership. As Director of Technology Operations, he provides strategic direction for the Technology function, driving operational excellence and ensuring the effective delivery of robust, reliable and secure technology services across the organisation.

He leads the Technology team with a strong focus on performance, continuous improvement and long-term capability, while maintaining a resilient information security framework that safeguards IML’s systems and data. With deep technical expertise and a proven track record in delivering complex technology solutions, Andy ensures that IML’s digital platforms continue to support the business’s strategic goals.

Louise, an experienced QS, joined IML in 2021 as a Commercial Manager in the Asset Management section. Here she provided commercial management services for lifecycle programmes across a wide portfolio of projects, utilising a range of procurement models aimed at reducing risk and enhancing value. Having successfully developed commercial controls and governance procedures, Louise is now Director: Advisory Services responsible for the Capex cost, procurement and delivery functions across all of the asset services provided by IML. Louise’s primary function is to ensure IML and the SPV shareholders are not exposed to increased levels of risk and to optimise shareholder return.

Lee joined IML in 2010 and is a Director within Management Services , overseeing IML’s portfolio of roads projects. With a civil engineering background, Lee brings over 35 years’ experience in highway construction and maintenance, including 25 years within PFI. Before his time at IML, Lee honed his expertise at Mouchel and Mott MacDonald, working on various road projects across the UK. He is committed to professional excellence and is a Fellow of the Chartered Institution of Highways and Transportation and the Institute of Highway Engineers.

Alan joined IML in February 2026 as Director: Advisory Services leading on the strategic development, procurement, and delivery of Lifecycle Management Services. He has worked in collaboration with IML for more than seventeen years and now joins the business following over twenty-two years with FES, one of the United Kingdom’s leading independent building services and facilities management companies. With over thirty years of experience, Alan has delivered complex programmes across healthcare, defence, education and energy. Much of his work has involved operating in sensitive built environments where careful planning and integrated delivery are essential. Alan is known for his commitment to strategic planning, cost effective solutions and compliant project delivery. Alan promotes a strong collaborative approach, demonstrated through effective stakeholder engagement and the development of lasting strategic partnerships.

Graham joined IML in 2013 as a Finance Manager, focusing on financial forecasting, analysis and delivering value to investors across a wide portfolio. He brings 20 years’ experience in infrastructure financial management. At IML, he is responsible for financial modelling services, including fund valuation and lender reporting, and manages all financial aspects of various PFI companies. Graham holds an MA (Hons) in Accountancy and is a member of the Institute of Chartered Accountants of Scotland (ICAS).

Mark joined IML in 2021 and is an Investment Director, providing strategic leadership to protect and enhance shareholder value across IML’s portfolio. He serves as a Director on numerous SPV Boards, ensuring effective governance and long-term value protection for stakeholders. Prior to IML, Mark gained extensive experience in infrastructure investment and financial management roles, developing expertise in managing complex portfolios and delivering sustainable outcomes. He holds a BSc (Hons) in Mathematics from the University of Durham.

Calum joined IML in 2019, initially taking responsibility for a portfolio of projects in Management Services. Having been heavily involved in the business’s expanding operations surrounding project handback in recent years, Calum took oversight of IML’s expiry services in 2025. Calum comes from an FM background, having held a number of roles within Mitie’s PFI division prior to joining IML.

Chris joined IML in June 2020. As Director of Asset Management, he provides strategic oversight and planning of lifecycle management services within the wider Advisory Team across a diverse portfolio of social infrastructure projects, aimed at mitigating risk and enhancing value. Chris’ team oversees the collection and deployment of management information for long-term modelling and forecasting, lifecycle and capex strategy and planning, and technical assurance.

Blayne joined IML in 2016 and is a Director within the financial services department, responsible for service delivery across the team. With nine years’ experience at IML, he ensures the finance team meets contractual and statutory obligations and provides support in providing useful and timely information to investors. He also leads on the fund accounting function and is committed to continuous professional development and industry best practice. Blayne holds a BA (Hons) in Accountancy and is a member of the Institute of Chartered Accountants of Scotland (ICAS).

Lindsey joined IML in September 2012 as a Finance Manager and is now a Director: Financial Services, focusing on service delivery of the finance function to all clients. She has over 13 years’ experience in infrastructure and finance management and is committed to continuous professional development. At IML, Lindsey is responsible for client service delivery while managing the wider finance team. She takes overall responsibility for yield management and provides support to the Head of Finance. Lindsey holds a BAcc (Hons) in Accounting and Finance and is a member of the Institute of Chartered Accountants of Scotland (ICAS).

Martin joined IML in 2010 and is responsible for managing the delivery of Tax Services including structuring, transaction and debt finance in addition to corporation tax compliance. Prior to joining IML, he worked in practice for PwC and EY, which includes ten years’ experience advising on tax matters in the PFI sector. Martin has a LLB from the University of Aberdeen and is a Chartered Accountant and Chartered Tax Adviser.

Victoria joined IML in 2014 as an Operations Manager. In her current role, she focuses on supporting a team of SPV Managers on the delivery and performance of PPP projects across several sectors. Victoria has over 18 years’ experience in PFI contract management. At IML, she leads a portfolio of projects within the Management Services team and supports a team of SPV Managers who are responsible for ensuring operational compliance, managing lifecycle planning and maintaining effective relationships with all stakeholders.

Adrian is a founding member of IML, joining the business in 2005 and initially serving as a Regional Director. He is now Compliance Director, leading a newly established team responsible for contractual compliance, statutory assurance, risk management and health & safety across IML’s portfolio. With over 24 years of infrastructure management experience, Adrian brings extensive expertise across the healthcare, education and custodial sectors. Prior to IML, he held operational roles in FM service delivery with British Gas and Chesterton, and played a key role in implementing FM services at a major acute healthcare facility in London. Adrian is a member of the Institute of Occupational Safety & Health.

Tom joined IML in 2026 as Head of Fire Engineering and brings over 15 years’ experience in fire engineering, fire risk assessment, building surveying and fire safety asset management. Chartered Engineer (interim) and experienced fire safety professional, Tom leads IML’s Fire Engineering Service, providing strategic advice and technical assurance across a diverse range of property portfolios. His expertise spans fire risk assessment, passive fire protection, regulatory compliance, fire safety asset management and external wall fire risk appraisal; Tom is also a Tier 2 Competent Fire Risk Assessor with IFSM. Throughout his career, Tom has worked predominantly in consultancy roles, supporting public and private sector clients in the identification, assessment and management of fire safety risks. Most recently, he has been involved in the delivery of Single Building Assessments (SBAs) and external wall fire risk appraisals for the Scottish Government and other property owners and factors. Tom holds an MSc in Fire Safety Engineering and a BSc (Hons) in Building Surveying. He is a member of several recognised professional bodies, including the Institution of Fire Engineers (MIFireE), the Institute of Fire Safety Managers (MIFSM) and the Institution of Fire Protection Officers (MIFPO), and contributes to the profession through his voluntary role on the IFE Membership Assessment Advisory Panel.

Having joined IML in 2016, Andrew has almost 10 years’ infrastructure management experience within the PFI arena. During his time at IML, Andrew has managed various PFI contracts across different sectors, coordinated major variations and oversaw the effective handback of several key projects to public sector authorities. Andrew now leads a team of SPV Managers. Prior to IML, Andrew spent over 10 years working for the Bank of Scotland in its Joint Ventures Commercial Real Estate team, managing the Bank’s equity investments. He holds a BSc (Hons) in Mathematics and Economics.