Sequoia Economic Infra Inc Fd Ld Retirement of Chair (5162U)
24 Novembre 2023 - 8:00AM
UK Regulatory
TIDMSEQI
RNS Number : 5162U
Sequoia Economic Infra Inc Fd Ld
24 November 2023
24 November 2023
Sequoia Economic Infrastructure Income Fund Limited
(the "Company")
Board Changes
Retirement of Chair
The Board of the Company announces that in accordance with its
Succession Plan and having completed a nine-year tenure, the Chair
of the Board, Robert Jennings will be stepping down and retiring
from the Board on
1 January 2024.
James Stewart, who joined the Board on 1 January 2022, will be
taking on the role as Chair of the Board, with effect from 1
January 2024.
James has a wealth of leadership, international and
infrastructure experience across both the public and private
sectors. Between 2011 and 2021, James held several senior level
positions in KPMG, including as a nonexecutive member of the KPMG
LLP Board and chair of KPMG's Global Infrastructure practice. Prior
to this, James was Chief Executive of Infrastructure UK and of
Partnerships UK, responsible for supporting major infrastructure
projects and the PPP program in the UK. James's earlier experience
includes 16 years in investment banking, where he was involved in
lending, investing equity and advising on infrastructure projects.
James is currently Chair of Agilia Infrastructure Partners Ltd, a
Trustee of the Shaw Trust and a fellow of the Institute of Civil
Engineers. James is a resident of the United Kingdom.
The process to find a new Board member, in order to ensure the
Board remains an appropriate size, is well progressed.
Robert Jennings commented:
"It has been a great privilege to serve as inaugural Chair of
SEQI for the last nine years. I am delighted that James will take
over as our next Chair. I have enjoyed working alongside him since
he joined the Board and believe he has the requisite attributes to
be ideally suited to this role."
James Stewart commented:
"Robert has played a key role in SEQI's highly successful
development since its inception. On behalf of the Board, I would
like to thank Robert for his dedicated leadership over the past
nine years and wish him well in his retirement."
For further information please contact:
Sequoia Investment Management
Company
Steve Cook
Dolf Kohnhorst
Randall Sandstrom
Greg Taylor
Anurag Gupta
Matt Dimond +44 (0) 20 7079 0480
Jefferies International Limited
(I nvestment Banking )
Gaudi Le Roux
Stuart Klein +44 (0) 20 7029 8000
Teneo (Financial PR) sequoia@teneo.com
Martin Pengelley +44 (0) 20 7353 4200
Elizabeth Snow
Sanne Fund Services (Guernsey)
Limited (Company Secretary)
Matt Falla
Lisa Garnham +44 (0) 20 3530 3107
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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END
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