International Convention Centre Wales has announced significant changes to its leadership team as the venue strengthens its position in the global events market following the pandemic's impact.
New Leadership for Business Growth
Mark Rhydderch-Roberts has been promoted from board director to co-chair, while former Glamorgan cricketer and sports broadcaster Alan Wilkins joins as a new board member. These appointments come as the Newport-based venue continues its recovery journey after facing substantial challenges during the Covid-19 pandemic.
Mr Rhydderch-Roberts brings considerable financial expertise to his new role, having spent 27 years as an investment banker with several leading global institutions. His recent achievements include chairing Glamorgan County Cricket Club and overseeing the successful sale of 50% of the club's holding in the Welsh Fire Hundred franchise to billionaire tech entrepreneur Sanjay Govil.
Strong Welsh Connections
The new co-chair, who also serves on the Welsh Industrial Development Agency Board, expressed his enthusiasm for the expanded role. "I was honoured to be appointed to the ICC Wales board prior to the opening of this exceptional venue in 2017 and I am delighted to step up my involvement as co-chair," he stated.
Mr Rhydderch-Roberts will share leadership responsibilities with existing chair Christopher Munday, bringing his extensive business background to help drive the venue's future strategy.
Meanwhile, Alan Wilkins adds another dimension to the board with his strong sports background and media experience. The former Glamorgan seam bowler, who now serves as the club's president, transitioned to an international sports broadcasting career after injury ended his playing days.
"I am delighted to join the ICC Wales board and look forward to working with the other board members to help the venue realise its ambitious business goals," Mr Wilkins commented.
Financial Restructuring and Future Prospects
The leadership changes coincide with significant financial developments for the venue. The Welsh Government, which holds a 50% equity stake in ICC Wales, has injected an additional £10 million to support debt reduction efforts.
This investment has been matched by Celtic Manor, resulting in a combined £20 million package that has reduced ICC Wales's debt with NatWest by £17 million to just under £29 million. The remaining debt has been restructured on more favourable terms, while the balance of funds is being invested to strengthen the venue's trading position.
Julie Hammond, group chief executive of ICC Wales and the Celtic Collection, welcomed the new appointments, noting that both individuals bring "a wealth of business expertise and experience" that will prove valuable as the venue expands its global presence.
Despite opening in September 2019 only to face pandemic-related closures from March 2020, ICC Wales has demonstrated resilience, welcoming more than 90,000 delegates last year. The £83.7 million venue, initially funded through a £51.5 million NatWest loan, continues to attract prestigious international events to Wales, delivering substantial economic benefits to the region.
