(Alliance News) - Sequoia Economic Infrastructure Income Fund Ltd announced on Monday the appointment of Timothy Drayson and James Stewart as non-executive directors.
The London-based income fund said that the appointments will bring the total number of non-executive directors to seven and is effective from the start of January.
Sequoia added that it is anticipated that two of the original four directors will retire from the board during 2022, following seven years of service.
Timothy Drayson has served as an independent consultant to Sequoia since January 2018. Drayson was most recently global head of corporate sales and deputy head of the European corporate debt platform at Paris-based banking group BNP Paribas SA.
Stewart has held a few senior level positions in KPMG International Ltd, including as a non-executive member of the KPMG LLP Board, chair of the audit board and chair of KPMG's global infrastructure practice. For the past three years, Stewart worked as vice-chair of KPMG LLP and was responsible for KPMG's engagement on Brexit and the UK government's growth agenda.
Shares in Sequoia were flat at 105.60 pence on Monday in London.
By Heather Rydings; heatherrydings@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
Sequoia Economic Infrastructure Fund (SEQI)