Directorate Change

RNS Number : 4435Y

3i Group PLC

13 May 2021

 

3i Group plc: non-executive Director appointment

Peter McKellar

3i Group plc announces the appointment of Peter McKellar as a non-executive Director with effect from 1 June 2021.

Peter McKellar was until September 2020 Global Head of Private Markets at Standard Life Aberdeen plc and had previously led Standard Life Investments' private equity and infrastructure business and been their Chief Investment Officer.  He joined Standard Life Investments in 1999.  Prior to that he held a variety of finance posts in industry and corporate finance positions.

Peter McKellar is Deputy Chairman of AssetCo plc and is also a Board Member of Scottish Enterprise, Scotland's national economic development agency.

Simon Thompson, 3i Chairman, said: "We are pleased to announce Peter's appointment to 3i's Board.  Peter brings great experience and understanding of the asset management industry with a particular expertise in private equity and infrastructure."

Peter commented: "I am very pleased to be joining 3i as the Company continues to execute its strategic plan.  3i has a varied and resilient portfolio, a strong institutional franchise, and is well placed to continue to generate superior returns for its shareholders."

There are no further matters to be disclosed in accordance with paragraph 9.6.13R of the UKLA's Listing Rules.

-Ends-

For further information, contact:

Kathryn van der Kroft  020 7975 3021

Communications Director

Silvia Santoro     020 7975 3258

Investor Relations Director

Notes to Editors:

About 3i

3i is a leading international investment manager focused on mid-market private equity and infrastructure. Its core investment markets are northern Europe and North America. For further information, please visit: www.3i.com .

 

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