44

Mark Coombs

Ashmore

£1.2 billion

Mark Coombs

Role
CEO
Founding Age
32
Current Age
64
Education Level
University of Cambridge, Bachelors degree in law
Previous Profession
Banker
Social Media Profile
LinkedIn

Ashmore

Industry
Financial Services
Revenue
£189.3m
Profit
£128.1m (profit before tax)
Founded
1992
HQ
London, UK
Website
ashmoregroup.com

Mark Coombs is a British finance entrepreneur who built Ashmore Group plc into a major emerging-markets asset manager. Educated at Dulwich College and then at St John’s College, Cambridge (MA Law), Coombs began his career at ANZ Bank in 1983. He went on to create Ashmore in 1992 and led a management buy-out in 1999. Coombs steered the company to a successful initial public offering on the London Stock Exchange in 2006.

Under his leadership, Ashmore has specialised in emerging-markets debt, local-currency assets, corporate debt, equities and alternatives, managing tens of billions of dollars for institutional investors. Today, Coombs still serves as Chief Executive and remains a major shareholder in the company, which employs around 300 staff globally.

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