TIDMSEQI

RNS Number : 5162U

Sequoia Economic Infra Inc Fd Ld

24 November 2023

24 November 2023

Sequoia Economic Infrastructure Income Fund Limited

(the "Company")

Board Changes

Retirement of Chair

The Board of the Company announces that in accordance with its Succession Plan and having completed a nine-year tenure, the Chair of the Board, Robert Jennings will be stepping down and retiring from the Board on

1 January 2024.

James Stewart, who joined the Board on 1 January 2022, will be taking on the role as Chair of the Board, with effect from 1 January 2024.

James has a wealth of leadership, international and infrastructure experience across both the public and private sectors. Between 2011 and 2021, James held several senior level positions in KPMG, including as a nonexecutive member of the KPMG LLP Board and chair of KPMG's Global Infrastructure practice. Prior to this, James was Chief Executive of Infrastructure UK and of Partnerships UK, responsible for supporting major infrastructure projects and the PPP program in the UK. James's earlier experience includes 16 years in investment banking, where he was involved in lending, investing equity and advising on infrastructure projects. James is currently Chair of Agilia Infrastructure Partners Ltd, a Trustee of the Shaw Trust and a fellow of the Institute of Civil Engineers. James is a resident of the United Kingdom.

The process to find a new Board member, in order to ensure the Board remains an appropriate size, is well progressed.

Robert Jennings commented:

"It has been a great privilege to serve as inaugural Chair of SEQI for the last nine years. I am delighted that James will take over as our next Chair. I have enjoyed working alongside him since he joined the Board and believe he has the requisite attributes to be ideally suited to this role."

James Stewart commented:

"Robert has played a key role in SEQI's highly successful development since its inception. On behalf of the Board, I would like to thank Robert for his dedicated leadership over the past nine years and wish him well in his retirement."

For further information please contact:

 
 Sequoia Investment Management 
  Company 
  Steve Cook 
  Dolf Kohnhorst 
  Randall Sandstrom 
  Greg Taylor 
  Anurag Gupta 
  Matt Dimond                       +44 (0) 20 7079 0480 
 Jefferies International Limited 
  (I nvestment Banking ) 
  Gaudi Le Roux 
  Stuart Klein                      +44 (0) 20 7029 8000 
 Teneo (Financial PR)               sequoia@teneo.com 
  Martin Pengelley                   +44 (0) 20 7353 4200 
  Elizabeth Snow 
 Sanne Fund Services (Guernsey) 
  Limited (Company Secretary) 
  Matt Falla 
  Lisa Garnham                      +44 (0) 20 3530 3107

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

BOAFZMZMVFZGFZM

(END) Dow Jones Newswires

November 24, 2023 02:00 ET (07:00 GMT)

Sequoia Economic Infrast... (LSE:SEQI)
Gráfica de Acción Histórica
De May 2024 a Jun 2024 Haga Click aquí para más Gráficas Sequoia Economic Infrast....
Sequoia Economic Infrast... (LSE:SEQI)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024 Haga Click aquí para más Gráficas Sequoia Economic Infrast....