3i Group PLC Directorate Change

RNS Number : 6500V

3i Group PLC

03 February 2025

 

 

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.

 

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