Director appointment

RNS Number : 8324J

3i Group PLC

06 July 2011

 



6 July 2011

3i Group plc - Director appointment

Appointment of Chief Investment Officer and Executive Director

3i Group plc announces the appointment of Mr Simon Borrows as Chief Investment Officer. He will also be appointed to the Board when he joins the Company in the autumn.

Mr Borrows is currently Chairman of Greenhill & Co International LLP, having previously been Co-Chief Executive Officer of Greenhill & Co, Inc. Before founding the European operations of Greenhill & Co in 1998 he was the Managing Director of Baring Brothers International Limited. He is also a non-executive director of The British Land Company plc and of Inchcape plc.

Having successfully established the Chief Investment Officer role since his appointment to that post in 2009, Mr Ian Nolan will be moving to a new role in the autumn.

Sir Adrian Montague, 3i Chairman, said:

 "We are very pleased to announce the appointment of Simon as Chief Investment Officer and as an executive Director. He brings a broad range of financial and investment experience and transactional capability and we very much look forward to working with him."

Simon Borrows commented:

"I am very pleased to be joining 3i. It is a group with a great brand and is well placed to take advantage of a considerable market opportunity."

-Ends-

For information please contact:

Patrick Dunne

3i Group Communications Director

[phone]

Notes to Editors:

About 3i

3i is an international investor focused on private equity, infrastructure and debt management, investing in Europe, Asia and the Americas. Our competitive advantage comes from our international network and the strength and breadth of our business relationships. These underpin the value that we deliver to our portfolio, shareholders and fund investors.  www.3i.com

 

END

 

 

BOADKPDBABKDCOK