Vinaland ZDP Ltd Director Appointment and Resignation (0995N)
October 20 2016 - 10:00AM
UK Regulatory
TIDMVNLZ
RNS Number : 0995N
Vinaland ZDP Ltd
20 October 2016
20 October 2016
VinaLand ZDP Ltd
Director Appointment and Resignation
VinaLand ZDP Ltd, admitted to the main market of the London
Stock Exchange, announces that today its parent company VinaLand
Limited ("VNL") made the following announcement:
VinaLand Limited ("the Company" or "VNL"), the AIM-quoted
investment vehicle established to target strategic segments within
Vietnam's emerging real estate market, announces that the Board of
Directors has appointed Mr. Ian Lydall as a new Independent
Non-Executive Director, effective 25 October 2016.
Ian Lydall, aged 61, is a UK chartered accountant (FCA) with 39
years professional experience, most of which was with PwC and its
predecessor firms. Ian's career has been in the UK (19 years), Oman
(2 years), South Africa (3 years) and Vietnam/Indochina for 15
years. His in-depth accounting, audit and advisory experience has
been in several different sectors, principally investment
management and other financial services and FMCG. Ian was the
territorial senior partner of PwC Indochina from 2001 to 2008 and
CEO then Chairman of PwC Vietnam until his retirement from the firm
in June 2015.
Since retirement from PwC, Ian has taken up independent
non-executive roles with ACLEDA Bank Plc. Cambodia and AAA
Corporation Vietnam (where he is Chairman) and is an adviser to
Talentnet Corporation Vietnam.
Mr. Lydall will replace Mr. Nicholas Allen, who has resigned
effective 25 October 2016 from the VNL Board in order to pursue new
challenges. Mr. Allen was elected as a Non-executive Director in
2010 and was the Chairman of VNL's Audit Committee and Remuneration
and Nomination Committee as well as a member of VNL's Valuation
Committee. As a result, the total number of VNL Board members
remains at five.
Michel Casselman, Chairman of VinaLand, stated: "I am very
pleased to welcome Ian to the VinaLand Board and his past
experience in accounting, audit and corporate governance in Vietnam
and the region over the last 15 years will greatly assist VNL as it
continues to develop and realise its property portfolio. At this
occasion I also want to thank Nicholas Allen for his valuable
contributions to the VNL Board and wish him all the best with his
new challenges."
More information on the Company is available at
www.vnl-fund.com
Enquiries:
Jonathan Viet Luu
VinaCapital Investment Management Limited
Investor Relations
+84 8 3821 9930
jonathan.luu@vinacapital.com
Joel Weiden
VinaCapital Investment Management Limited
Communications
+84 8 3821 9930
joel.weiden@vinacapital.com
Philip Secrett
Grant Thornton UK LLP, Nominated Adviser
+44 (0)20 7383 5100
philip.j.secrett@uk.gt.com
David Benda / Hugh Jonathan
Numis Securities Limited, Broker
+44 (0)20 7260 1000
funds@numis.com
Further information on Ian Lydall
Ian Samuel Lydall is based in Ho Chi Minh City and has a B.Sc.
(Econ) from the London School of Economics and Political Science,
is a Fellow of the Institute of Chartered Accountants in England
& Wales, Vietnam CPA and an Associate of the Institute of
Taxation (UK). In 2011 he was awarded the Certificate of Merit by
the Vietnam Prime Minister for services to the Vietnam auditing
industry.
Mr Lydall currently holds and has held (including all
appointments during the five years preceding the date of this
announcement), the following directorships and partnerships, other
than the Company:
Current directorships: Former directorships/partnerships
(in the last five
Acleda Bank plc years):
AAA Assurance Corporation PricewaterhouseCoopers
Cornerstone Vietnam (Vietnam) Limited
Talentnet Corporation PricewaterhouseCoopers
(Indochina) Pte Ltd
PricewaterhouseCoopers
LLP
Mr Lydall is not currently beneficially interested in the issued
share capital of the Company.
There is no other information that is required to be disclosed
pursuant to Schedule 2 paragraph (g) of the AIM Rules.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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