BH Global Limited announced that with effect from 1 January 2013, Lord Turnbull will resign as a non-executive director and Independent Chairman of the company to pursue other commitments. The board has resolved to appoint Sir Michael Bunbury as non-executive director and Independent Chairman with effect the same date. Michael Bunbury is an experienced director of listed and private investment, property and financial services companies and trustee for high net worth families.

He is currently the Chairman of HarbourVest Global Private Equity Limited, JP Morgan Claverhouse Investment Trust plc, a Director of Invesco Perpetual Select Trust plc, a consultant to Smith & Williamson and a former Director of Foreign & Colonial Investment Trust plc.