1 Jun 2018 17:31
Appointment of Director to Ventus VCT plc (the "Company")The Board of Ventus VCT plc is pleased to announce the appointment of Chris Zeal as a non-executive director of the Company with effect from 1 July 2018. The Notice of Annual General Meeting included in the Annual Report and Financial Statements for the year ended 28 February 2018, which is also released today, includes a resolution to elect Chris as a director of the Company.
Chris has had a career as a financial adviser in the City spanning over 30 years, during which time he has provided advice to Boardrooms of both large and small companies across a wide range of sectors, including some 20 FTSE 100 companies. Most recently he was Managing Director at Jefferies Hoare Govett (a division of Jefferies Inc.) specialising in corporate broking and investment banking. Prior to this, he held a similar role at Citigroup. Originally, he trained and qualified as a Chartered Accountant with KPMG.
Given the wide range of experience that Chris has had in financial markets, the Directors are confident his appointment will enhance the skill and knowledge of the Board. The appointment was made following a formal process conducted by the Nominations Committee.
David Pinckney intends to retire from his directorship in October 2018. He had originally intended to retire in October 2017. However, with the sad passing of Rick Abbott in 2017, David has remained on the Board to provide continuity. Following David's retirement, the Board will comprise three directors, David Williams, Jo Dixon and Chris Zeal. David Williams was appointed Chairman of the Company when David Pinckney stood down as Chairman on 31 October 2017.