Portfolio News

Bank Chief Exec joins Zip World as Chairman

Zip World has appointed a new Chairman - Chief Executive of the Development Bank of Wales and Deliveroo founding investor, Giles Thorley.

Thorley, 51, brings 25 years experience as management, investor and strategic adviser to the leisure sector to his new role at the fast-growing Welsh adventure tourism business.

A former CEO of Punch Taverns and Chairman of Tragus Restaurants, D&D Restaurants and Director of Esporta Gyms, he has seen the development of the sector through a number of cycles and the significant changes in consumer demand.

Giles Thorley says: “There are very few leisure businesses in the UK developing new and unique experiences. Through its three sites, Zip World has entertained thousands of customers with incredible adventure experiences, bringing valuable investment into the North Wales economy. 

“Zip World continues to develop new attractions, giving reasons to come to North Wales that you simply can’t find anywhere else.

“I am excited to be supporting Sean and his team, together with their new investors LDC, as they take their extraordinary experiences to new sites across the UK as well as continuing to develop their existing sites in North Wales.”

Zip World founding director Sean Taylor says: “Giles’ experience will be crucial in taking the Zip World business to the next level.

“As we expand beyond our North Wales heartland and bring the brand into new parts of the UK, having someone with his experience in the leisure sector is vital. He likes what we do and it’s great to have someone of this calibre helping push Zip World to new heights.”

Article Footnotes

Notes to Editors

  1. LDC is the private equity arm of Lloyds Banking Group and is authorised and regulated by the Financial Conduct Authority.  
  2. LDC backs ambitious management teams from UK-based medium sized companies seeking up to £100m of investment to fund management buyouts or development capital transactions.
  3. LDC invests in a broad range of sectors and has particular experience in Healthcare, Industrials, Retail & Consumer, TMT, Travel & Leisure, Support Services, Construction & Property and Financial Services.
  4. LDC has a UK regional network with locations in Aberdeen, Birmingham, Bristol, Cardiff, Edinburgh, Glasgow, Leeds, Newcastle, London, Manchester, Nottingham and Reading.