Director Appointment

RNS Number : 4537J

Sequoia Economic Infra Inc Fd Ld

13 December 2022

 

13 December 2022

Sequoia Economic Infrastructure Income Fund Limited  

(the "Company")

Director Appointment

The Board of the Company is pleased to announce the appointment of Fiona Le Poidevin as a non-executive Director of the Company with effect from 1 January 2023

A Chartered Director, Fellow of the Institute of Directors and Chartered Accountant, Fiona has spent 25 years working in financial services in both London and the Channel Islands across the accounting and tax professions with experience in strategy, marketing, PR and the regulatory and listed company environments. From 1 January 2015 until the end of July 2020, Fiona was Chief Executive Officer of The International Stock Exchange Group Limited, a company listed on TISE, where she was responsible for the commercial aspects of the exchange group's operations. Prior to that, Fiona was Chief Executive of Guernsey Finance, the promotional body for Guernsey's finance industry internationally, and prior to this she was an auditor and latterly tax adviser at PwC (London and Channel Islands) and KPMG (Channel Islands) for over 13 years.

Fiona is currently a non-executive director of Doric Nimrod Air One Limited, Doric Nimrod Air Two Limited and Doric Nimrod Air Three Limited (each quoted on the Specialist Fund Segment of the Main Market of the London Stock Exchange), and a non-executive director and audit committee chair of ICG-Longbow Senior Secured UK Property Debt Investments Limited, listed on the Premium Segment of the Main Market of the London Stock Exchange.

Fiona's appointment is in line with the Company's succession plans as outlined in its 2022 Annual Report and follows Jon Bridel and Jan Pethick stepping down from the Board at the last AGM.

Robert Jennings, Chair, commented:

"On behalf of the Board, I am delighted to welcome Fiona as our new non-executive Director as we conclude the Company's eighth year of trading since IPO. Fiona's breadth of experience across financial markets and listed investment products adds depth and diversity to the skillsets represented on the Board."

No further disclosures are required for Fiona Le Poidevin in respect of paragraphs 9.6.13 of the Financial Conduct Authority's Listing Rules.

For further information please contact:

Sequoia Investment Management Company Steve Cook Dolf Kohnhorst Randall Sandstrom Greg Taylor Anurag Gupta	[phone]
Jefferies International Limited (Corporate Broker & Financial Adviser) Neil Winward Gaudi Le Roux	[phone]
Tulchan Communications (Financial PR) Martin Pengelley	[phone]
Sanne Fund Services (Guernsey) Limited (Company Secretary) Matt Falla Shona Darling	[phone]

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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