Appointment of Non-Executive Director

RNS Number : 3642D

Sequoia Economic Infra Inc Fd Ld

29 June 2021

 

29 June 2021

Sequoia Economic Infrastructure Income Fund Limited

(the "Company")

Appointment of Non-Executive Director

The Board of Sequoia Economic Infrastructure Income Fund Limited is pleased to announce the appointment of Sarika Patel as non-executive director of the Company effective 4 August 2021, following the conclusion of the Company's 2021 AGM.

Sarika is a resident of the United Kingdom and brings significant financial, leadership and international experience to the Board. She is currently a non-executive director and chair of the audit committee of Aberdeen Standard Equity Income Trust plc (ASEI), a UK-domiciled, closed-ended investment trust company listed on the main market of the London Stock Exchange. She is also currently a board member of the Office for Nuclear Regulation, where she chairs the audit and risk committee, and chair of Action for Children, one of the UK's leading charities for children. Sarika was previously a partner at Zeus Caps, a principal investment and advisory platform focused on infrastructure and allied sectors operating in India, Europe and the Middle East. Sarika is a Chartered Accountant, a Chartered Marketer and has a post graduate diploma in Managing E-Business from the University of Paisley, a Bachelor in Law and a Bachelor of Commerce from the University of Bombay.

Robert Jennings, Chairman, said:

"We all look forward to welcoming Sarika. The Company has achieved significant portfolio growth under the leadership of the current Board and has established its reputation as a leading investor in economic infrastructure debt. Sarika's appointment increases the size and diversity of the Board and is the first of a number of steps we shall be taking to implement our succession plans in an orderly manner over the next three years. Sarika has a broad range of international business and infrastructure experience and we are confident that she will be an excellent addition to the Company."

No further disclosures are required for Sarika Patel in respect of paragraphs 9.6.13 of the Financial Conduct Authority's Listing Rules.

For further information please contact:

Jefferies International Limited (Corporate Broker & Financial Adviser) Neil Winward Gaudi Le Roux	[phone]
Tulchan Communications (Financial PR) Elizabeth Snow  Martin Pengelley	[phone]

About Sequoia Economic Infrastructure Income Fund Limited

The Company is a Guernsey registered closed-ended investment company that seeks to provide investors with regular, sustained, long-term distributions and capital appreciation from a diversified portfolio of senior and subordinated economic infrastructure debt investments. The Company is advised by Sequoia Investment Management Company Limited.

LEI: 2138006OW12FQHJ6PX91

 

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