Directorate Change

RNS Number : 2935O
NB Distressed Debt Invest. Fd. Ltd
08 February 2016
 

8 February 2016

 

NB Distressed Debt Investment Fund Limited

 

Directorate Change

 

NB Distressed Debt Investment Fund Limited (the "Company") today announces the resignation of Talmai Morgan as an Independent Non-Executive Director of the Board, effective 8 February 2016.

 

The Company also announces that Stephen Vakil has been appointed as an Independent Non-Executive Director of the Board, effective 5 February 2016. Mr Vakil will replace Mr Morgan on the Company's Audit Committee.

 

Stephen Vakil has over thirty years' investment experience, most recently working at private client investment manager Quilter Cheviot (and its predecessor companies) from 1989 to 2013. He held the position of Managing Director from 2001 with responsibility for the London office and research function, as well as playing key roles in a number of corporate transactions. Prior to this, he held positions at L Messel & Co and Chase Manhattan.

 

John Hallam, Chairman of the Company, commented:

 

"On behalf of the Board, I would like to thank Talmai for his valued contribution during the five years since the Company's IPO and we wish him well for the future. I would also like to welcome Stephen and we look forward to working with him." 

 

 

For further information, please contact:

 

 

Neustria Partners

Nick Henderson

Robert Bailhache

Charles Gorman

+44 (0)20 3021 2580



Carey Group

Sara Bourne

Claire McSwiggan

+44 (0)1481 700 300

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
BOABLGDDXSGBGLU
UK 100

Latest directors dealings