Bruce Smith, CBE, MA, DPhil, FREng, aged 64, is Chairman of IP2IPO PLC. He is also Chairman of the Council of Smith Institute for Industrial Mathematics and System Engineering, a Faraday Partnership and collaboration between industry and academia in applied mathematics and computing. Until a management buyout in 1997 he was the Chairman and majorityshareholder of Smith System Engineering Limited. Before founding that company in 1971 he worked in design engineering for Decca Radar Limited after a period in the United States with Bellcomm Inc in the US Space programme. Prior to that he occupied a physics research post at the University of Chicago, having previously obtained a first class honours degree and a doctorate in physics at Oxford University. He is a Fellow of the Royal Academy of Engineering, the Institution of Electrical Engineers and the Institute of Physics. He is Chairman of the Rainbow Seed Fund, Chairman of the Board of Trustees of the National Space Science Centre, a member of the Board of the British Antarctic Survey, a Director of Innovision Research and Technology Plc, Vice Chairman of the Council of Southampton University, a Governor of Imperial College and a Domus Fellow of St Catherine's College, Oxford.