Directorate Change

RNS Number : 4222U

Intermediate Capital Group PLC

24 June 2009

 



Wednesday 24 June 2009

 New Non-Executive Director for Intermediate Capital Group 

Intermediate Capital Group PLC ('ICG') announces the appointment of Kevin Parry to the Board as non-executive Director, with effect from 23 June 2009. ICG is a listed investment firm and fund manager of buyout debt with offices in Europe, Asia and North America. 

Kevin Parry, 47, is Chief Financial Officer at Schroders PLC, the global asset management company. Previous positions he has held include Chief Executive at Management Consulting Group PLC and Senior Partner at KPMG. He is also Deputy Chairman of the Royal Wanstead Children's Foundation.

John Manser, Chairman at ICG, said: 'ICG is delighted to welcome Kevin Parry to the Board. Our Board will be enhanced by his senior management expertise and his depth of knowledge and experience in asset management. I am confident that Kevin will make a valuable contribution and complement the existing Board and we all very much look forward to working with him.' 

Enquiries: 

Intermediate Capital Group PLC

Tom Attwood, Managing Director                               [phone] 

Jean-Christophe Rey, Investor Relations 

Amanda Fong, Corporate Communications 

M: Communications

Charlotte Kirkham                                                    + 44(0)20 7153 1531

Tim Draper

About Intermediate Capital Group PLC 

ICG was founded in 1989 and listed on the London Stock Exchange in 1994. Today ICG employs 58 investment executives in nine offices worldwide, and is a leading independent investor in and fund manager of buyout debt. Since its inception, ICG and its managed funds have invested more than €12bn in mezzanine and equity in over 500 transactions. Currently ICG manages €3bn in direct investments and over €8bn in third party Mezzanine and Credit Funds. Further information can be found at: www.icgplc.com.

 

END

 

 

BOAPUUPPQUPBGUC