Malcolm Brown

Chief Executive Officer

Malcolm is a distinguished figure in the rail industry, with more than 25 years’ experience under his belt. He has been at the helm of Angel trains as CEO between 2008 and 2018 and resumed his tenure in September 2020.

He has played a pivotal role in an abundance of milestone new-build and refurbishment projects, including the £900 million procurement of 665 Bombardier Aventra vehicles for Abellio East Anglia.

He is also Chair of the Rail Industry Decarbonisation Task Force, which is responding to the challenge of reducing carbon emissions across the rail network in line with the government’s target to remove all diesel-only trains by 2040.

David Jordan

Chief Operating Officer

David is an esteemed and long-standing member of the Angel Trains team, joining the business in 2002. He is a Chartered Mechanical Engineer with over 25 years’ experience in the rail industry, holding the position of Head of Commercial from 2011 and COO from 2018. He is also a non-Executive Director of the Rail Safety and Standards Board (RSSB).

During his time with us, David has successfully led our commercial team through several successful re-leasing and new train bids with South West Railway, TransPennine Express and Abellio East Anglia.

Alan Lowe

Chief Financial Officer

Alan is a Chartered Accountant with over 30 years’ experience in industry and financial services. Alan joined the team 11 years ago and was appointed as CFO in 2012. As CFO, he’s responsible for the Finance, Legal and IT functions.

As CFO, Alan is responsible for leading Angel Trains’ investment projects and providing competitive financing solutions for the procurement and refurbishment of new and existing rolling stock.

Matthew Prosser

Asset Management Director

Leading our unrivalled team of technical engineers, Matthew is responsible for driving forward innovation within the business and across the rail industry. As a Chartered Mechanical Engineer with over 25 years’ experience in rolling stock engineering and leadership, Matthew is at the helm of driving Angel Trains’ projects to lower carbon emission across rail travel.

Prior to joining Angel Trains, Matthew was the Engineering and Safety Director at Chiltern Railways and held positions at Arriva Trains Wales, WS Atkins Rail, Eurostar.

Mark Russell


Mark Russell CBE, Chair of Defence Equipment and Support (DE&S), Chair of Angel Trains, and Senior Adviser, UK Government Investments (UKGI)

Mark is Chair of DE&S, the procurement organisation of the Ministry of Defence, Chair of Angel Trains, the train rolling stock leasing company, and Senior Adviser of UKGI.

Mark Russell was appointed Chair of Angel Trains in February 2021, Chair of DE&S and Vice Chair of UKGI in November 2019, having been Chief Executive of UK Government Investments (and its predecessor body, the Shareholder Executive) from April 2013 to October 2019. Mark joined the Shareholder Executive as head of its Corporate Finance Practice in November 2004 and was appointed Deputy Chief Executive in April 2008.

Previously Mark was a partner in the corporate finance departments of KPMG London and KPMG Frankfurt. Prior to this Mark worked at PwC Corporate Finance and Robert Fleming & Co., Lazard Brothers and A.T. Kearney.

Mark was a non-executive director of DP World, the ports and logistics operator, from 2014 to 2022 and chaired its Audit and Risk Committee from 2018. Mark was previously non-executive director of the Submarine Delivery Agency, non-executive director and chairman of the audit committee of Eurostar International Limited and senior independent director of LCR.

Stuart Paterson

Non-Executive Director

Stuart Paterson is a Chartered Accountant with 40 years’ experience in the profession and industry. He joined Angel Trains on the 1 September 2018 and is currently the Non-Executive Chairman of the Macfarlane Group PLC having previously chaired the Audit Committee from 2013 – 2017.

He was formerly the Chief Financial Officer at Forth Ports Limited and prior to that he was the Chief Financial Officer and Board Director at Johnston Press PLC and was an Executive Board Director with Aggreko PLC. He also held senior management positions in Motorola and Hewlett Packard.

In addition to his executive roles, Stuart was a Non-Executive Director for Devro PLC from 2006 – 2012 where he also chaired the Audit Committee.

Stuart is a Trustee of the Royal Yacht Britannia and a member of its Audit, Risk and Remuneration Committee.

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