Appointment of Non-Executive Director

RNS Number : 7371I

BlueCrest AllBlue Fund Ltd

03 June 2014

 



BlueCrest ALLBLUE FUND LIMITED (the "Company")

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

The board of the Company is pleased to announce the appointment of Steve le Page as an independent non-executive director and as Chairman of the Audit Committee with effect from 3 June 2014.

Steve (aged 57) brings a deep knowledge and wealth of practical experience of financial and governance reporting, auditing, internal control and investment fund structures combined with a strong awareness of tax and regulatory issues. 

He retired from partnership with PwC in the Channel Islands on 27 September 2013.  His career there spanned thirty three years, during which he was partner in charge of their Assurance and Advisory businesses for ten years and Senior Partner for five years.  In these executive positions he led considerable change and growth in that firm and helped fund boards deal with regulatory and reporting issues.  His experience spans initial listings, ongoing governance and reporting, continuation and going concern and even winding up of Listed and unlisted entities.  He is a Chartered Accountant and a Chartered Tax Advisor and he has a number of non-executive roles.  He is resident in Guernsey.

The Nominations Committee and board followed a rigorous and structured selection process based on a series of objective criteria, cognisant of the requirements for suitable skills, experience and diversity.

The Company is delighted to have identified someone with the extensive skills and experience of Steve and looks forward to his contribution to the Company's business in the coming years.

There are no matters requiring disclosure in respect of Steve's appointment under Rule 9.6.13 of the Listing Rules of the UKLA.

3 June 2014

For further information about this announcement contact:

JTC Fund Managers (Guernsey) Limited

Secretary

Tel: [phone]

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