The group is led by a small executive team with operational backgrounds in the sectors we own. The board includes three independent non-executive directors and meets six times a year.
Operators, not portfolio managers
Every member of the executive committee has run an operating business. That is deliberate. A holding company that cannot read a maintenance schedule or a freight manifest has no business owning either.
The executive committee meets weekly and reports to the board on trading, capital allocation and safety. Divisional chief executives hold their own profit and loss responsibility and sit on the group investment committee.
Executive committee
Eleanor Ashcombe — Group Chief Executive
Eleanor joined North Holdings Group in 2019 from a listed industrial services business, where she ran the UK maintenance division. She chairs the group investment committee and represents the group on the board of Meridian Commodities.
Priya Raghunathan — Group Chief Financial Officer
Priya joined the group in October 2026. She spent eighteen years in finance roles across logistics and manufacturing, most recently as finance director of a European freight operator, and began her career in audit. She is responsible for group finance, treasury and reporting.
Daniel Okonkwo — Chief Executive, North Industrial
Daniel has spent twenty-two years in process plant maintenance, the last nine of them with North Industrial. He leads a business of roughly 1,400 engineers and technicians and sits on the group investment committee.
Sofia Lindqvist — Managing Director, North Logistics
Sofia leads the group’s freight operations from Rotterdam and is responsible for the short-sea network and the consolidation hub at Waalhaven.
Grace Adeyemi — Group General Counsel
Grace oversees legal, compliance and regulatory affairs across the portfolio and advises the board on governance and disclosure matters.
We promote from inside the businesses. Almost every divisional director joined us on a site, not in a head office.
Grace Adeyemi, Group General Counsel
Non-executive directors
Margaret Ellery (chair of the audit committee), Henrik Baum and Sir Alastair Crewe sit as independent non-executive directors. Marcus Whitfield, previously interim chief financial officer, remains Group Financial Controller.