HICL Infrastructure PLC Appointment of a New Director (7279V)
December 05 2019 - 1:01AM
UK Regulatory
TIDMHICL
RNS Number : 7279V
HICL Infrastructure PLC
05 December 2019
5 December 2019
HICL Infrastructure PLC
Appointment of a New Director
The Board of Directors of HICL Infrastructure PLC ("HICL", or
the "Company"), the listed UK investment company managed by
InfraRed Capital Partners Limited, is pleased to announce the
appointment of Rita Akushie as a non-executive director, with
effect from 1 January 2020. This appointment has been made
following a comprehensive search carried out by a third-party
recruitment consultant.
Ms Akushie will continue in her current executive role as Chief
Financial Officer and Executive Director, Corporate Resources for
Cancer Research UK, one of the world's leading cancer charities.
She has more than 20 years' experience acting in finance roles for
housing associations and charities, including at Newlon Group,
where she was Chief Financial Officer and then Deputy Chief
Executive; and subsequently as Group Finance Director for Thames
Valley Housing. Ms Akushie currently also serves as Chair of the
Audit Committee for the Beatson Institute.
Ms Akushie graduated with a BA in Economics and French from the
University of Ghana. She is a Fellow of the Institute of Chartered
Accountants of England and Wales and a Fellow of the Association of
Corporate Treasurers.
Ian Russell, Chairman of HICL, said: "I am delighted to welcome
Rita to the Board. She has had a distinguished career working at a
senior level in social housing and charitable organisations. Her
background in financial management, in combination with her
experience of working at the intersection of the public and private
sectors, will bring perspectives that are complementary to the
existing Directors and thereby strengthen the Board overall."
There is no further information to be disclosed under Listing
Rule 9.6.13R.
-ends-
Enquiries
InfraRed Capital Partners Limited +44 (0) 20 7484 1800
Harry Seekings
Keith Pickard
Kirsty MacCallum
Teneo +44 (0) 20 7420 3169
Robert Morgan
Haya Herbert-Burns
Investec Bank plc +44 (0) 20 7597 4000
David Yovichic
RBC Capital Markets +44 (0) 20 7653 4000
Darrell Uden
HICL Infrastructure PLC
HICL Infrastructure PLC ("HICL") is a long-term investor in
infrastructure assets which are predominantly operational and
yielding steady returns. It was the first infrastructure investment
company to be listed on the London Stock Exchange.
With a current portfolio of over 100 infrastructure investments,
HICL is seeking further suitable opportunities, which are
positioned at the lower end of the risk spectrum, in three target
markets segments: PPP projects; regulated assets; and demand-based
assets.
Further details can be found on the HICL website
www.hicl.com.
Investment Manager (InfraRed Capital Partners)
The Investment Manager to HICL is InfraRed Capital Partners
Limited ("InfraRed"), which has successfully invested in over 200
infrastructure projects since 1997. InfraRed is a leading
international investment manager focused on infrastructure and real
estate. It operates worldwide from offices in London, Hong Kong,
New York, Seoul and Sydney. With over 160 professionals it manages
in excess of US$12bn of equity capital in multiple private and
listed funds, primarily for institutional investors across the
globe. InfraRed is authorised and regulated by the Financial
Conduct Authority.
The infrastructure investment team at InfraRed consists of over
85 investment professionals, all with an infrastructure investment
background and a broad range of relevant skills, including private
equity, structured finance, construction, renewable energy and
facilities management.
InfraRed implements best-in-class practices to underpin asset
management and investment decisions, promotes ethical behaviour and
has established community engagement initiatives to support good
causes in the wider community. InfraRed is a signatory of the
Principles of Responsible Investment.
Further details can be found on InfraRed's website
www.ircp.com.
This information is provided by RNS, the news service of the
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contact rns@lseg.com or visit www.rns.com.
END
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