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21 June 2023
My Royal Navy career has benefitted life inside and outside of M&G

Reserves Day provides an opportunity for the country to recognise our Reserve Forces and the valuable contribution they make to our Armed Forces. Here at M&G, we were honoured to receive the Gold Award of the Armed Forces Covenant this year, showing our full support to all of our reservists, veterans and serving family members.

Richard DaviesTo mark Reserves Day and Armed Forces Week, we spoke to Richard Davies, Head of Property Portfolio Management, to learn more about life as a reservist.

Lt Cdr Davies joined the Royal Naval Reserve in 1993, initially as a Rating passing out of HMS Raleigh and then receiving his commission from Britannia Royal Naval College (BRNC), Dartmouth in 1997. Passing Fleet Board shortly thereafter, he trained in the Mine Warfare specialisation and later transferred to the Media Operations Specialisation (MOS) in 2007.

During the working week, Richard is a chartered surveyor for M&G Real Estate, responsible for managing a global portfolio of real estate assets.

Why did you choose to be a reservist and what have you gained from your Royal Navy career?

I have always had a passion for adventure and the sea. As a youngster I sailed on four Tall Ship voyages and later chartered yachts in the Mediterranean, the Caribbean and in UK waters too. A decisive moment for me after university involved either pursuing a career as a chartered surveyor or joining the Royal Navy. Serving as a reservist offered me the best of both worlds, and so following success at the Admiralty Interview Board, I ‘passed out’ at the BRNC, Dartmouth. Since then, I have been rewarded with a reservist career which has benefitted me with so many amazing opportunities, experiences and life-long friends. Furthermore, the training and development I receive from the Royal Navy in command, leadership, team building, media operations and geopolitical awareness is relevant to my role in M&G and is therefore mutually beneficial.

What are your two greatest career highlights as a reservist?

There have been many different highlights in my 29 years as a reservist. My first was working on the Centenary commemoration of the First World War in Gallipoli serving on board HMS Bulwark in Turkey where His Majesty King Charles III joined the many veterans in attendance. My second highlight was when I mobilised in 2012 as a Public Affairs Officer for four months in the Middle East with the Royal Navy alongside the US Fifth Fleet based in Bahrain.

Why do you think it is so important for employers to show their support and appreciation for the work their reservists do?

I feel that the interests of both employees and employers are aligned. As a reservist, you join the Armed Forces and make a conscious commitment to serve and defend your country, maintain global security and respond to disaster relief or humanitarian aid. Employers naturally rely upon our government to maintain a strong and effective defence strategy in order to operate and prosper in a safe environment. Our interests are therefore mutually supportive and employers enable reservists to train, develop and serve.

How has M&G supported you in your Royal Navy career?

My annual reserve training commitment is 24 days a year. Most of my reserve training is undertaken at weekends or evenings, so it doesn’t impact my regular working hours at M&G. The biggest commitment however, is that each year I’m required to undertake two weeks on operations or training alongside my regular colleagues in Defence. M&G supports this by awarding 10 days of additional paid leave. I have spent these two weeks in a variety of ways, including NATO operations in the Mediterranean and North Atlantic and working in the Ministry of Defence at Whitehall.

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M&G plc, incorporated and registered in England and Wales. Registered office: 10 Fenchurch Avenue, London EC3M 5AG. Registered number 11444019. M&G plc is a holding company, some of whose subsidiaries are authorised and regulated, as applicable, by the Prudential Regulation Authority and the Financial Conduct Authority.

M&G plc is a company incorporated and with its principal place of business in England, and its affiliated companies constitute a leading savings and investments business. M&G plc is the direct parent company of The Prudential Assurance Company Limited. The Prudential Assurance Company Limited is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in England and Wales.

M&G plc は、イングランド及びウェールズで設立・登録。本社登録地は10 Fenchurch Avenue, London EC3M 5AG。登録番号11444019。M&G plcは持ち株会社で、その子会社の一部はPRA(健全性監督機構)及びFCA(金融行為規制機構) に認可され、それらの規制対象となっています。

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M&G plc is a company incorporated and with its principal place of business in England, and its affiliated companies constitute a leading savings and investments business. M&G plc is the direct parent company of The Prudential Assurance Company Limited. The Prudential Assurance Company Limited is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in England and Wales.