Last checked at 14 Jan 2022 13:25
14 January 2022
Echo Energy plc
("Echo " or the "Company")
Directorate Changes
Echo Energy, the Latin American focused full cycle energy company, is pleased to announce the appointment of Christian Yates as an independent non-executive director, with effect from 17 January 2022.
Christian is Chairman of Gresham House Renewable Energy VCT 2 plc, one of two listed investment companies he co-founded in 2010. He has been investing in, advising on and promoting investments in renewable energy since 2009.
Following eight years in the British Army, Christian began his career in fund management in 1988. He has worked for several investment houses holding senior positions at Bear Stearns Asset Management where he was CEO International, Julius Baer Investments as CEO London, Chase Asset Management as MD EMEA and Lazard Asset Management.
Since 2012, Christian has combined being an entrepreneur and consultant with being a non-executive director, with significant experience across sectors including renewable energy (including wind, waste to energy and BESS), real estate, hospitality, fund management and wealth management where until October 2020 he was Chairman of the Bowmore Wealth Group.
The Company also announces that Gavin Graham, a non-executive director of the Company, will be stepping down as a director of the Company concurrently with Christian's appointment in order to maintain a fit for purpose board composition and size.
James Parsons, Non-executive Chairman, commented:
"I am delighted to welcome Christian to the Board. His deep background across the renewable energy space is a critical enabler for our energy transition in Latin America and will add a vital and relevant dimension to our thinking. We will benefit hugely from Christian's wealth of experience throughout the energy arena and I look forward to working with him.
I am also extremely grateful to Gavin for his support at Echo over the years, his contributions to our board discussions and I wish him all the best for his future endeavours."
The directorships and partnerships currently held by Christian Yates and over the five years preceding the date of appointment are as follows:
Mr Christian James Kurt Yates, aged 59
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Current directorships/partnerships | Previous directorships/partnerships |
Aura Sustainable Capital Investments Ltd Away Birmingham Limited Away Cheltenham Limited Away Holdings Limited Away Storage Limited Away Storage Liverpool Limited CJK & RA Yates LLP Gresham House Renewable Energy VCT 2 plc New Radiation (2008) LLP Remount T/A Future for Heroes Ltd Weirs Drove Development Limited
| 127 Piccadilly Plc Aura Renewables Infrastructure Trust plc Bowmore Asset Management Limited Bowmore Financial Planning Limited Bowmore Wealth Group Limited Canvenue Limited Cherif Barnes Developments Limited Cherif Hampton Row Holdco Ltd Cherif Investment Properties Ltd Hampton Row (Barnes) Management Limited Managed Storage Services (1) Ltd W4B (UK) Limited
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Mr Yates was appointed as a director of W4B Bristol Limited on 27 April 2009. Liquidators were appointed to W4B Bristol Limited on 17 March 2015 and that company was dissolved on 12 April 2016. Unsecured creditors were paid a first and final dividend totalling £30,350, equating to 19.96 pence per GBP on unsecured claims of £152,048.
Christian Yates does not hold any ordinary shares in the Company and there are no further disclosures to be made pursuant to Schedule 2 paragraph (g) of the AIM Rules.
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