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Birmingham Post
Birmingham Post
Business
Sion Barry

Development Bank of Wales announce new director of its tech venture investments team

Development Bank Development Bank of Wales Wales

The Development Bank of Wales has appointed a new director to head up its technology venture investments (TVI) division.

Duncan Gray takes over Simon Thelwall-Jones who led the team from 2019 to December 2021.

Mr Gray was previously deputy fund manager (strategic portfolio) within the TVI team. He is replaced by Mark Bowman who has been promoted from senior investment executive to deputy fund manager.

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