Directorate Change

RNS Number : 3114D

NB Distressed Debt Invest. Fd. Ltd

26 October 2015

 

26 October 2015

NB Distressed Debt Investment Fund Limited

Appointment of Director

The Board of NB Distressed Debt Investment Fund Limited (the "Company") is pleased to announce the appointment of Sarah Evans to the Company's Board of Directors, effective 26 October 2015. Sarah will join the Board as a non-executive director and Audit Committee Chairman.

Sarah began as a Chartered Accountant with Spicer and Pegler in 1979 and specialised in the audit of financial institutions. In 1982 she joined the Group Finance department of Kleinwort Benson Ltd where she was responsible for all financial and regulatory reporting for the group. In 1990 Sarah created her own consultancy specialising in securitisation, advising banks and building societies wishing to securitise their assets. This was done for four years before joining Barclays Bank plc as a director of UK Treasury. During her time at Barclays she became the Finance Director of Barclays Mercantile, the group's leasing subsidiary with assets of £6.5billion. In 2005 Sarah moved to Guernsey and since 2006 she has sat on the boards of several listed and unlisted investment funds as a non-executive director and typically as chairman of the audit committee

Commenting on the appointment, John Hallam, Chairman of the Company, commented:

"I am delighted that a person of Sarah's calibre has agreed to join our Board and look forward to working with her."

For further information, please contact:

Enquiries:

Carey Group, Company Secretary                   [phone]

Sara Bourne

Neustria Partners                                             [phone]

Nick Henderson

Robert Bailhache

Charles Gorman

 

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