Brenig Preest, an investment director at Excalibur Fund Managers, is the new president of the South Wales Society of Chartered Accountants.
Brenig, who took over the role from Nick Toye, began his career at GE Healthcare in Cardiff, before joining PwC and then Ernst & Young as a corporate finance advisor.
As an investment director at Excalibur based in London and Cardiff, Brenig is an experienced investor having completed over 30 investments totalling £0.5bn. Excalibur is Europe’s pre-eminent medical sciences investment firm.
Brenig said: “Excalibur is a venture capital business specialising in life sciences and healthcare investing in young exciting private companies. My chartered accountant qualification has been absolutely invaluable in my career as an investor, both to understand and assess businesses. This, combined with my background in life sciences gives me an unusually valuable skill set.
“I’m excited and absolutely delighted about being president. During my year I want to support entrepreneurship and encourage more involvement from members where possible. I run the corporate finance events for the local society which are very popular and very well attended. During my year I also want to ensure we provide a relevant and valuable service to members.”
Brenig studied pharmacology at Cardiff University and financial strategy at Oxford University, where he achieved a distinction. He is also an ICAEW chartered accountant. A fluent Welsh speaker, he went to school at Ysgol Gyfun Cwm Rhymni.
He hails from Bargoed where his family and most of his friends still live. Brenig now lives in Dinas Powys with his wife Sarah and three children. His interests include outside work keeping fit, sciences and finance.
The new deputy president is Glyn Davies, well known as a former tax partner at PricewaterhouseCoopers.
Next year the South Wales society will celebrate its centenary.
