The Board of 3i Group has appointed Sir Adrian Montague CBE (pictured) as Chairman. The appointment will take effect at the conclusion of 3i’s AGM in July 2010.
Montague, who joins the board as a non-executive director with effect from 1 June, succeeds Baroness Hogg, who took up her new role as Chairman of the Financial Reporting Council (FRC) on 1 May 2010.
Montague’s career to date successfully spans both private and public sector leadership roles. He is currently non-executive Chairman of Michael Page International PLC, CellMark AB and Anglian Water Group as well as non-executive director at Skanska AB.
Previously hen was Chairman of Friends Provident PLC, British Energy Group PLC, Cross London Rail Links Ltd (Crossrail) from 2004-2005 and Deputy Chairman of Network Rail from 2002-4. He was also closely involved in the implementation of the UK Government’s policies investing private capital in public infrastructure, first as Chief Executive of the Treasury Taskforce, then as Deputy Chairman of Partnerships UK PLC.
“I am delighted that Sir Adrian has been chosen as my successor," says Baroness Hogg. "He has a very impressive record in the financial services sector and is an accomplished Chairman with a wide range of commercial experience.”
