3i Group plc:
non-executive Director appointment
Hemant
Patel
3i Group plc announces the appointment of Hemant
Patel as a non-executive Director with effect from 3 February
2025.
Hemant has been Chief Financial Officer of
Whitbread PLC since March 2022 and previously held a variety of
senior finance and commercial roles at Whitbread, Greene King, Asda
and Mars.
Hemant was a non-executive Director and Audit
Chair at the Department of Digital, Culture, Media and Sport from
2020 to 2023 as well as being on the board of the Cultural Recovery
Fund. Hemant was also Chair of the Royal Armouries Museum and was
awarded an MBE for services to museums and heritage in the 2020
birthday honours list.
Hemant is a Chartered Management
Accountant.
David Hutchison, 3i Chairman, said: "We are
delighted to announce Hemant's appointment to 3i's Board.
Hemant brings good and relevant financial and
commercial experience from his different roles in
retail and consumer businesses."
Hemant commented: "I am very pleased to be
joining 3i. The Company has a high-quality portfolio positioned to
deliver resilience across the economic cycle. It has a strong track
record, a distinct strategy and is well placed to continue
generating superior returns for shareholders."
Hemant Patel has advised that there are
no further matters to be disclosed in accordance with
paragraph 6.4.8 of the UKLA's Listing Rules.
-Ends-
For further
information, contact:
Kathryn van der
Kroft
020 7975 3021
Communications Director
Silvia
Santoro
020 7975 3258
Investor Relations Director
Notes to
Editors:
About 3i
3i is a leading international
investment manager focused on mid-market private equity and
infrastructure. Our core investment markets are northern Europe and
North America. For further information, please visit:
www.3i.com.