Retirement of Non-Executive D

RNS Number : 8543E

VinaCapital Vietnam Opp. Fund Ld

31 December 2009

 



31 December 2009 

For immediate release

VinaCapital Vietnam Opportunity Fund Limited

Retirement of Non-Executive Director

The Board of Directors ("the Board") of VinaCapital Vietnam Opportunity Fund Limited ("the Company" or "VOF"), an investment company established to target key growth segments within Vietnam's emerging market, announces today the retirement of Mr Bernard Grigsby from the Board effective from 31 December 2009. 

Mr Grigsby has been a non-executive member of the Board since October 2006. He has over thirty years experience as a senior and board-level executive across numerous financial services companies, including Swiss Re-Insurance, Tokai Bank Europe and the Barclays Group. He remains active on the boards of several other companies and institutions, and leaves VOF to focus on these activities.

Commenting, William Vanderfelt, Chairman of VinaCapital Vietnam Opportunity Fund Limited, said: "It was a true pleasure working with Ben as his experience and diligence helped the Company immensely. On behalf of my fellow Directors, I wish Ben all the best with his future endeavours."

The Company expects to soon announce the appointment of a new independent Director, and will update shareholders accordingly.

Enquiries:

Ms Chi Nguyen

VinaCapital Investment Management Limited

Investor Relations

[phone]

[e-mail]

Philip Secrett

Grant Thornton Corporate Finance, Nominated Adviser

[phone]

[e-mail]

Hiroshi Funaki [phone]

LCF Edmond de Rothschild Securities, Broker

[e-mail]

Alastair Hetherington

Financial Dynamics, Public Relations (Hong Kong)

[phone]

[e-mail]

Andrew Walton

Financial Dynamics, Public Relations (London)

[phone]

[e-mail]

 

END

 

 

BOAEBLFXKLBZFBB