 Managing Director and Chief Investment Officer. In addition to management of the office he is responsible for market research, asset allocation, and manager selection decisions, as well as ongoing quantitative and qualitative process monitoring of investments.

Dayan joined the family office when it was founded in 2005. Before, he was a Director of International Private Banking at Riggs & Co., London and prior to that served as an Assistant Vice President in the Treasury Department of Republic National Bank of New York. He possesses a broad knowledge of both securities and banking.

Dayan earned his Bachelor of Science in Financial Services from UMIST School of Management with First Class Honours.

Trustee Director

Dayan Nahon

, born 1967,  is one of the world’s most successful female entrepreneurs and an astute investor. With a self-made portfolio of over $1b, she, and her international team excel in Real Estate, Asset Management and Private Equity.

A British citizen and multi-national, Ruth was raised in California. She graduated from law school in 1993 and immediately gravitated to the Information Highway boom of early Silicon Valley. She was an internet pioneer in 1995 in Fintech and Gaming and an early adopter and founder of back-office India-based software development.

Ruth was the first woman to IPO her company, Party Gaming Plc onto the LSE FTSE 100 in 2005 for then record valuations and was the world’s largest online poker room.

Ruth is a long-time resident of Gibraltar where she has lived for many years, in addition to Israel. Since 2018, she has been living in London with her five children where they attend school.

Her largest current business activities are in real estate in the USA and the UK. Ruth is also the director of a UK bank.

Her personal and business life have both been centred in Gibraltar since 2004 when she rebased PartyGaming there. Ruth holds an annual event in Gibraltar showcasing her activities and bringing international acclaimed keynote speakers and musicians.

Ruth is the Principal Benefactress of The Parasol Foundation Trust which has awarded over £40m since 2004. She is passionate about creating opportunities for women to achieve their potential in the fields of science, technology, engineering and medicine.

The Parasol Foundation’s work stretches from Gibraltar to Israel, the US, UK and beyond. Major initiatives include Parasol Foundation Centers for Women’s Health and Cancer research in London and Tel Aviv as well as support for leading organisations such as the V&A, Cambridge University and SpaceIL.  The Foundation also funds scholarship programmes to advance and inspire the next generation of successful women including with the City of London Girls School, Marin Academy, University of San Francisco, the University of Gibraltar, Tel-Aviv University and Reichman University.

Principal Benefactress and Trustee Director

Ruth Monicka Parasol

Richard's remarkable legacy continues to inspire, even after his passing in May 2024 at the age of 88. His vibrant spirit and exceptional achievements are fondly remembered by all who knew him.

He was a constant sounding board for his daughter, Ruth Parasol, and the entire Parasol International team. Always available to brainstorm on strategy, acquisitions, and day-to-day operations, he shared his rich experience, wealth of information, and network.

Richard was a Holocaust orphan and a self-made, highly successful businessman, not only in real estate but also as a venture investor in several retail and telecommunication businesses. He was a tireless businessman, avid yachtsman, and high-flying pilot who circumvented the globe in his own small jet.

His experience as a real estate developer and property owner spanned decades, primarily in the multi-family arena. Over the past four decades, Richard sponsored, developed, operated, and financed thousands of residential units, many of which remained part of his own private family portfolio.

Richard held a B.Sc. in mechanical engineering from Healds Engineering College and performed post-graduate work at California Polytechnic State University (Cal Poly).

Patriarch

Richard Parasol

Karin has served as a Trustee of the Parasol Foundation Trust for over ten years. Alongside this, Karin is actively involved with the Gibraltar Dyslexia Support Group. She is currently Vice Chair having previously held many roles and responsibilities.

Together with her husband, Karin founded Gecko Technology Partners with a focus on video conferencing. The company has grown to be one of Google’s largest partners globally and Karin now oversees finance for the entities in the different jurisdictions.

In her spare time Karin is a very keen equestrian, participating in events throughout Andalucia.

Karin Orsing

Nyreen is currently a senior advisor in RG Advisors Limited, implementing and supporting strategic projects for the family office.

She was formerly a partner at Hassans International Law Firm’s Commercial Department for 16 years and extensively advised on M & A, licensing and regulatory aspects relating to some of the largest gambling operators in Gibraltar. During this time, she was ranked as a top Gaming and Commercial lawyer by Chambers & Partners and was described in the Legal 500 directory as having 'a commercially minded approach'.

Nyreen was then engaged to lead the establishment and development of a licensed gaming operation as Chief Strategy Officer and was directly responsible for corporate and business development, public policy and strategy.

She has had many past roles ancillary to her core engagement, such as Programme Leader for the Certificate of Competence in Gibraltar Law course offered by the University of Gibraltar and Non-Executive Director of the Gibraltar International Bank and Non-Executive Director of City of London Group plc.

Currently, in addition to her role within the family office, she is a Non-Executive Director of Trusted Novus Bank Limited (licensed and regulated in Gibraltar), is a committee member of the Gibraltar Public Service Commission and is a trustee of various charities, including The Gibraltar National Theatre Foundation.

Nyreen is an honours graduate in English and Spanish Law from the University of Kent, England and also studied at the Universidad Complutense de Madrid, Spain. She was called to the Bar of England and Wales and Gibraltar and is a Trust and Estates Practitioner (STEP).

Trustee Advisor

Nyreen Llamas

Dudley Fishburn is currently a member of The Trust International Advisory Board. He started his career as an editor with The Economist. He was part of the team which built the paper’s international reputation, serving as American Editor and then Executive Editor for 19 years.

Mr Dudley Fishburn was a Conservative Member of Parliament for Kensington for 10 years and worked in the governments of Margaret Thatcher and John Major on privatisation and foreign affairs. He was named “Radical of the Year” for his work reforming Britain’s property laws.

Mr Dudley Fishburn attended Eton College and Harvard College as an undergraduate. He later became the first non-American to serve on Harvard University's Board of Overseers. For ten years he chaired the Harvard Library's visiting committee and now chairs a similar committee at Cambridge University Library. In England, he was chairman of the Trustees of the Open University. He also served a six-year term as treasurer of one of Britain's largest charities, The National Trust, overseeing a budget of £250 million a year for the country's historic heritage.

He serves on the boards of HSBC Bank plc and Philip Morris Inc.

Advisor

Dudley Fishburn

Ronelle is an Advisor for The Parasol Foundation Trust where she coordinates various charitable projects around the world.

Ronelle is the Chief Operations Officer at 

, a new UK licensed bank focusing on SME lending.

Previously, Ronelle held roles as Senior Operations Coordinator and Senior Financing Coordinator with Rivendell Global Real Estate (in which she led the closing of over $400m in debt under complex government programs and established a comprehensive master insurance programme for the entire $600m portfolio and almost 3000 units). Other responsibilities included management and oversight of residential and commercial building operations, responsibility and creation of company procedures, oversight of corporate compliance and risk management.

Prior to taking up the above roles, Ronelle was a Captain in the Israeli Air Force serving in an elite intelligence unit as well as running search and rescue helicopter operations.

Ronelle earned a B.A. in Accounting and Business Administration with a GPA of 90 from Tel-Aviv University and The Open University of Israel.

Ronelle Lang

Sarah is a Senior Advisor to The Parasol Foundation.

She is a strategic communications and trusted PR professional with extensive experience gained in global PR agencies and international business.

Sarah provides communication counsel and support for the Foundation’s varied charitable projects and partnerships and manages several of the larger relationships with the V&A and Imperial Health charity.

The principal aim of the Foundation to empower women through its focus on greater education and career opportunities resonates strongly with Sarah as she has worked in the engineering sector to change the perception of the industry and increase uptake of STEM. She has worked with female entrepreneurs to promote their ideas and secure public recognition.

Sarah was previously Head of Marketing Communications focused on water and environment issues for a leading FTSE 250 global design and engineering company. From there, she built a successful freelance portfolio supporting clients in managing long-term capital schemes and examining the future of working practices in the major study, Work After Lockdown.

Across her career her work has spanned multiple sectors, health, the arts, engineering and higher education, public and private sector and charities.

Senior Advisor

Sarah Richards

Joan is a BBA Management graduate from the University of Gibraltar and was supported through her studies by the Parasol Foundation Trust.

Joan supports the coordination of Parasol Foundation initiatives as Special Project Liaison. She has also worked for Parasol International and as an Assistant Administrator in the School of Business at the University of Gibraltar.

As a representative of the Parasol Foundation, Joan offers her time as a Cancer Relief Gibraltar volunteer.

Special Project Liaison

Joan-Marie Dela Cruz

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