MXC Capital Limited announced that Ian Smith, co-founder of MXC, has joined the Board as Chief Executive and will lead the strategic development of the Company going forward. Marc Young has stepped down from the Board to take responsibility for launching a new MXC investment strategy focusing on privately owned growth technology businesses. Marc played a central role in bringing MXC to the AIM market and its subsequent funding.

Marc will join the company's Advisory Board as well as remaining Managing Partner of MXC Capital Markets LLP.