Directorate Change

RNS Number : 6191V

SQN Asset Finance Income Fund Ltd

04 December 2019

 

04 December 2019

SQN Asset Finance Income Fund Limited

Directorate Change

The Board of SQN Asset Finance Income Fund Limited (the "Company" or "SQN"), the leading diversified equipment leasing fund listed in the UK, is pleased to announce the appointment of Dr Jacqueline Redmond as a Non-Executive Director with effect from today, 4 December 2019.

As an experienced senior leader, Jacqueline has 25 years of experience, extending across many corporate disciplines with significant focus on the energy and investment sectors.  As the Chief Risk Officer of the Green Investment Bank, Jacqueline has first-hand experience of overseeing investments in innovative areas such as waste-to-energy AD plant, adopting a variety of business models as well as managing risks associated with assets to deliver shareholder expectations.  Jacqueline has held executive appointments with Royal Dutch Shell and ScottishPower in a variety of commercial and technical roles and is a champion of adding value to organisations by encouraging diversity in its many forms.

Commenting on this appointment, Peter Niven, Chairman of SQN, stated:

"We are delighted to welcome Jacqueline to the Board. She brings a wealth of complementary experience and with her wide and diverse professional background we believe she will add tremendous value to the Company."

There is no other information to be disclosed under Listing Rule 9.6.13.

For further information please contact:

SQN Capital Management, LLC Jeremiah Silkowski Neil Robert	01932 575 888
Winterflood Securities Limited	020 3100 0000
Neil Langford Chris Mills
Buchanan Charles Ryland Victoria Hayns Henry Wilson	020 7466 5000

Notes to Editor

The Company invests in equipment lease and asset finance arrangements across a diverse portfolio of assets and industries predominantly in the UK, Northern Europe and US. The Company focuses on business-essential, revenue-producing (or cost saving) equipment and other assets with high in-place value and long economic life relative to the investment term.

The Company's Investment Managers are SQN Capital Management, LLC, a Registered Investment Advisor with the United States Securities and Exchange Commission and its subsidiary, SQN Capital Management (UK) Limited. The principals responsible for managing the portfolio are Neil Roberts and Jeremiah Silkowski.

 

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