20 Mar 2019

PIDG announces the appointment of a Non-Executive Director and a Committee Member

PIDG announces the appointments of Rachel English and Peter Kennedy, who bring extensive infrastructure and financial experience in the private and public sectors across Africa and Asia.

PIDG announces the appointment of a Non-Executive Director and a Committee Member

The Private Infrastructure Development Group Ltd. (PIDG), an innovative infrastructure development and finance organisation, has today announced the appointments of Rachel English and Peter Kennedy, who bring extensive infrastructure and financial experience in the private and public sectors across Africa and Asia.

Rachel English has joined as a Director of PIDG Ltd., and a member of its Audit Committee. Rachel has held a number of non-executive positions over the past 10 years in both the private and public sector. She is currently Chair of Acacia Mining plc (a FTSE 250 natural resource company with operations in Africa), and a Director of Helios Social Enterprise. Previous non-executive roles include being a member of the Audit Committee for the UK Department for International Development (DFID) and more recently Chair at Adam Smith International, a global advisory company. She has held senior positions in BG Group and Royal Dutch Shell, with responsibilities spanning finance, corporate strategy, mergers and acquisitions, and business development, as well as working for the World Bank Group and European Bank for Reconstruction and Development (EBRD).

Peter Kennedy has joined as a member of PIDG Ltd.’s Investment and Divestment Asia Committee. Peter currently heads CLSA Capital Partners’ (CLSACP) Clean Resources Private Equity Fund, which has an impact-driven focus, targeting growth stage investments in Asia in the water and sustainable agriculture sectors, based in Singapore. He has over 25 years’ experience in investing in private and public companies across Asia, US and Europe.

In 2018, PIDG created a single board and set of committees to provide stronger oversight and governance across all PIDG companies. This structure embeds PIDGs collaborative personality, improves alignment, and allows its companies to be better coordinated to improve efficiency, maximise impact and provide a common point of entry for investors and developers.

Andrew Bainbridge, PIDG Chair welcomed the appointments: “I am delighted that Rachel and Peter have chosen to join us and to be part of our exciting future. They bring a wealth of experience relevant to our frontier markets in Africa and Asia, which will contribute to effective governance and oversight of the group ensuring that we are well placed to deliver our ambitious new five-year strategy.”

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