Capital International Welcomes New Head of Business Development – Isle of Man
11 February 2026
Capital International has announced the appointment of Philip Penrose as the new Head of Business Development – Isle of Man. Philip brings extensive experience in driving commercial growth, leading high performing teams, and building strategic partnerships across the financial services industry. Well known in the local market, Philip has held several senior commercial roles and most recently served as the Head of the Isle of Man office of Brooks Macdonald, prior to its acquisition by Canaccord Genuity.
With over 30 years’ experience in business development and strategic leadership, including ten years based in Dubai, Bahrain, and Singapore, Philip is exceptionally well placed to help drive Capital International’s next phase of growth.
Under Philip’s leadership, the Banking and Asset Management Business Development Teams will now come together to form a unified approach, strengthening collaboration across the group and helping to deliver even greater value to clients in a more cohesive and coordinated approach.
Philip Penrose commented:
‘I am very pleased to join Capital International at such a pivotal moment in the company’s growth. The collaboration between our banking and asset management business development teams represents a significant opportunity to deliver a more seamless, connected, and client focused experience.’
“We are delighted to welcome Philip to Capital International,” said Werner Alberts, Managing Director of Capital International Bank. “His depth of industry knowledge, combined with a proven track record in building and leading successful commercial teams, will be invaluable as we continue to scale our services.”
Antony Kelsey, Head of Asset Management, added:
“Philip brings a fresh perspective on how we engage with clients and partners, and his strategic insight will support our ambition to strengthen our presence across key markets. We are confident that his leadership will play a pivotal role in shaping the next phase of our growth.”
Regulated investment and banking activities are undertaken by Capital International Group Limited's licensed subsidiary companies.
Capital International Limited, Capital Financial Markets Limited, and Capital International Bank Limited are licensed by the Isle of Man Financial Services Authority. Capital International Limited is a member of the London Stock Exchange.
Capital International, Capital International Asset Management, and Capital International Investment Platform are trading names of Capital International Limited. Capital International is a trading name of Capital Financial Markets Limited.
Capital International Bank Limited is a wholly owned subsidiary of Capital International Group Limited www.capital-iom.com, a privately owned financial services group based in the Isle of Man and operates as a non retail, restricted deposit taker under a Class 1 2 licence. Deposits are not covered by the Isle of Man Depositors’ Compensation Scheme and terms and conditions apply. Capital International Bank and Capital International are trading names of Capital International Bank Limited. Capital International Bank Limited is also licensed by the South African Reserve Bank Prudential Authority to conduct the business of a Representative Office in South Africa.
CILSA Investments Pty Ltd FSP No. 44894 trading as Capital International SA is authorised by the Financial Sector Conduct Authority in South Africa.
Capital International Jersey Limited is regulated by the Jersey Financial Services Commission. Capital International and Capital International Asset Management are trading names of Capital International Jersey Limited. Capital International Jersey Limited FSP No. 51164 is authorised by the Financial Sector Conduct Authority in South Africa.