3i Group PLC Group Finance Director succession (0181S)
November 11 2021 - 01:02AM
UK Regulatory
TIDMIII
RNS Number : 0181S
3i Group PLC
11 November 2021
Press release
11 November 2021
Group Finance Director succession
3i Group PLC ("3i Group" or the "Company") announces that Julia
Wilson, Group Finance Director, has informed the Board that, after
15 years with the Group and 13 years in her current role, she
intends to retire after the AGM in June 2022. Julia will be
succeeded by James Hatchley, who is currently the 3i Group Strategy
Director. James will join the Group Board and the Executive
Committee effective May 2022.
Julia joined 3i Group as Deputy Finance Director in 2006 and was
made Group Finance Director and a member of the Executive Committee
in 2008. She became a member of the Investment Committee in
2012.
James Hatchley joined 3i in 2017 as the Group's Strategy
Director and has been a member of the Investment Committee since
2019. Prior to joining 3i, James was Chief Operating Officer of KKR
in Europe and, before that, Co-CEO of Avoca Capital. Earlier in his
career, James was a corporate finance professional for 20 years,
principally with Greenhill & Co. and Schroders, and is a
Chartered Accountant.
David Hutchison, Chairman of 3i Group, said:
"I would like to thank Julia on behalf of the Board for her
outstanding contribution over many years to the Company and the
Board. We are delighted that we have a deep pool of talent within
the Company and that James will succeed Julia as Group Finance
Director. We very much look forward to his contribution to the
Board over the coming years."
Simon Borrows, CEO of 3i Group, said:
"Julia joined 3i in 2006 when 3i was a very different Company.
She has helped to steer 3i through both the great financial crisis
of 2007-9 and the Covid pandemic. Her part in the transformation of
the Group since I was appointed as CEO in 2012 has been
significant. She will remain with us until the next AGM which will
allow for a smooth handover of responsibilities. Julia has been an
outstanding Finance Director and colleague and her experience,
judgement and common sense will be missed by us all when she does
leave. After a thorough consideration of internal and external
candidates, I am pleased that James has agreed to succeed Julia. He
has already added significant value to the Group in his current
Strategy role, in his contribution to the Investment Committee and
to specific assets within the Group portfolio including Action and
Scandlines. He will bring considerable internal and external
experience to his new role."
-Ends-
For further information, contact:
Kathryn van der Kroft
Communications Director 020 7975 3021
Silvia Santoro
Group Investor Relations Director 020 7975 3258
--------------
Notes to Editors
About 3i Group
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
Additional information - James Hatchley
James Hatchley (54) is also the Senior Independent Director of
Great Ormond Street Hospital NHS Foundation Trust and is the Chair
of the Great Ormond Street Hospital NHS Foundation Trust
Remuneration and Finance and Investment Committees and a member of
its Audit and People and Education Assurance Committees. James is a
member of the Scandlines Infrastructure ApS Board (a 3i portfolio
investment) and Chair of its Audit and Risk Committee. He qualified
as a Chartered Accountant in 1992. He holds a First Class Joint
Honours degree in Mathematics and Economics from the University of
Surrey.
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