HICL Infrastructure Company has named Simon Holden as a new non-executive director who will join the investment firm's board on 1 July.
Holden was selected after a comprehensive executive search, the London-listed company said in a statement, after the resignations of Graham Picken and John Hallam were announced. Both board members will be stepping down on 30 June, although no reason was provided for their departure.
“I am delighted to welcome Simon to the board,” HICL chairman Ian Russell said. “He has extensive experience relevant to the HICL Group's activities which is complementary to the skillsets of the existing directors, thereby strengthening the board overall.”
According to the statement, Holden has more than 15 years of experience in private equity investment and portfolio company operations, most recently and since 2008 serving as associate director at Terra Firma Capital Management.
He left Terra Firma in late 2015 to take up a limited number of independent directorships of alternative investment funds, and fiduciary and trading company clients, HICL said.
Holden has diverse sector expertise, including in media and intellectual property, data analytics and intelligence services, healthcare and specialist manufacturing.
Holden, who is a resident of Guernsey, will be subject to election at the company's forthcoming AGM in July.
HICL, which is advised by InfraRed Capital Partners , has a current portfolio of 106 social and transportation infrastructure investments. It was the first infrastructure investment company to be listed on the London Stock Exchange.