RNS Number : 8543E
VinaCapital Vietnam Opp. Fund Ld
31 December 2009
31 December 2009
For immediate release
VinaCapital Vietnam Opportunity Fund Limited
Retirement of Non-Executive Director
The Board of Directors ("the Board") of VinaCapital Vietnam Opportunity Fund Limited ("the Company" or "VOF"), an investment company established to target key growth segments within Vietnam's emerging market, announces today the retirement of Mr Bernard Grigsby from the Board effective from 31 December 2009.
Mr Grigsby has been a non-executive member of the Board since October 2006. He has over thirty years experience as a senior and board-level executive across numerous financial services companies, including Swiss Re-Insurance, Tokai Bank Europe and the Barclays Group. He remains active on the boards of several other companies and institutions, and leaves VOF to focus on these activities.
Commenting, William Vanderfelt, Chairman of VinaCapital Vietnam Opportunity Fund Limited, said: "It was a true pleasure working with Ben as his experience and diligence helped the Company immensely. On behalf of my fellow Directors, I wish Ben all the best with his future endeavours."
The Company expects to soon announce the appointment of a new independent Director, and will update shareholders accordingly.
Ms Chi Nguyen
VinaCapital Investment Management Limited
+84 8 821 9930
Grant Thornton Corporate Finance, Nominated Adviser
+44 20 7383 5100
Hiroshi Funaki +44 20 7845 5960
LCF Edmond de Rothschild Securities, Broker
Financial Dynamics, Public Relations (Hong Kong)
+852 3716 9802
Financial Dynamics, Public Relations (London)
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