Corporate Structure

Corporate Structure

Hibiscus Group Limited based in London, UK, and is fully authorised and regulated by the UK Financial Conduct Authority (FCA), on of the world's leading financial regulators, and is a member of the London Stock Exchange, one of the world's primary markets.

Hibiscus (IOM) Limited was established in 2021 to provide our clients with a range of crypto currency related products and services and is registered with the Isle of Man Financial Services Authority.

The Hibiscus Group of Companies are managed independently in the UK and the Isle of Man, under the guidance and direction of its Board of Directors. It is a licensed member of the London Stock Exchange, authorised and fully regulated by the Financial Conduct Authority.

Hibiscus at a Glance

  • Established full-service brokerage, serving the needs of experienced private and corporate clients.
  • Multi-asset, multi-platform portfolio tailored to the mid-market.
  • Direct market access via tier-1 banking partners.
  • No dealing desk model; non-conflicted by proprietary trading goals.
  • Based in the City of London, member of the LSE and fully FCA regulated.

Our History

The Firm was founded in 2011 under the name Valbury Capital Ltd. in anticipation of a rising demand for a mid-market brokerage among clients poorly served by the larger institutional firms, but in need of a more sophisticated service than retail firms can provide.

Initially specialising in the Asian markets, and providing parent company Valbury Asia’s clients with the option of a London-based account, our product and service portfolio grew steadily, reflecting our clients’ preferences and requirements. Reputation has grown alongside this offering, recognised in an invitation to open the London Stock Exchange in 2012, and hosting the LSE’s Asia Capital Market’s Day a year later.

The firm was acquired by the current owners in February 2021 and renamed Hibiscus Group Limited. More recently, we have expanded our reach into the Isle of Man with Hibiscus (IOM) Limited.

Today, we offer a comprehensive multi-asset, multi-platform service, an established full-service brokerage dedicated to the interests of experienced, mid-market investors, with the personal touch of a smaller, independent-minded firm.  


The Board of Directors has ultimate responsibility for the strategy of the company and managing its risk. The principle matters addressed by the Board include: providing strategic direction and oversight; reviewing and assessing the performance of the company and its risk appetite; determining and guiding the company’s executive management; determining, reviewing and enforcing the control structure of the company and the adequacy of systems and controls; ensuring the company meets its legal, regulatory and fiscal requirements at all times; determining and enforcing appropriate levels of delegated authority to the management of the company; and assessing and approving all major new business initiatives.

James Herst, Chair of the Governing Body

James is a founding member of Hibiscus Group Limited, which is authorised and regulated by the UK Financial Conduct Authority (“FCA”). James is also registered with, and approved by the FCA under its Senior Managers Regime. He has significant experience with private equity ventures across a wide range of business areas including health care, real estate and financial services, covering both buy and sell side. As chairman of the Hibiscus group of companies, James has ambitious plans to extend the services and products offered by Hibiscus, increasing its geographical coverage.

Michael Johnson, Director

Michael Johnson is a Chartered Accountant with over 20 years' experience in the financial services industry, including more than ten years as a senior executive within the broking sector. Prior to joining Hibiscus Group as Chief Financial Officer, Michael has held executive positions at Jefferies International Ltd and Mint Equities Ltd.

Kevin Taylor, Director

With a distinguished career in regulatory and compliance matters, Kevin is our registered Chief Compliance and Money Laundering Reporting Officer. He has a proven track record at Board and senior management levels, working for many years within the regulatory, investment banking and broking sectors. His previous roles have included responsibility for leading Compliance teams across multiple regions, playing a key role in ensuring effective governance, culture and conduct through the oversight and implementation of controls around Compliance risks.

Lorna Richards, Director


Arno Cruywagen, Director



Committed to a culture that embraces the highest standards of compliance, governance and risk management.

Hibiscus Group Limited is a company registered in England and Wales under registration number 07393159 and authorised and regulated by the UK Financial Conduct Authority under firm reference number 540418.

Hibiscus (IOM) Limited is a company registered in the Isle of Man under registration number 135067C and registered with the Isle of Man Financial Services Authority under the Designated Business Act 2015 reference number DB000877.

We use cookies to improve your experience of this website. By continuing to browse this site you are agreeing to receive our cookies. For more information, read our Privacy Policy.

I Agree

The vast majority of client retail accounts lose money when trading in CFDs. You should consider whether you can afford to take the high risk of losing your money.