– UK, Cheshire – Forbes Ventures PLC (NEX:FOR), today announced that Kirk Kashefi has been appointed to the Board as a Non-Executive Director with immediate effect.
Kirk is a practising barrister at the independent bar of England & Wales who is specialised in handling a broad range of highly complex, multi-jurisdictional, commercial and financial litigation, as well as having specific expertise on cases involving corporate governance and business ethics. He came to the independent bar after gaining years of experience in top-tier international law firms. He has also spent time as in-house counsel at a major international investment bank and a fund management firm. The Board believes that Kirk’s broad experience will prove invaluable to the Company as it continues to move towards implementing its previously announced strategy.
The Company is also pleased to announce that:
- Igor Zjali, who was previously appointed as a Non-Executive Director, has been appointed as an Executive Director and the Company’s Chief Investment Officer with immediate effect. Prior to joining Forbes, Igor worked as a Senior Portfolio Manager for a large European asset management firm, directly managing USD 8 billion of fixed income assets.
- Nigel Quinton’s appointment has been extended and he is now the Company’s permanent Chief Financial Officer, after serving as Interim Chief Financial Director since his appointment to the Board. Nigel was previously Chief Executive of two building societies and more recently has been advising Financial Services firms, including a new UK challenger bank start-up, on financial and risk management.
In preparation for the delivery of its strategy, the Company has established a wholly owned subsidiary, located in Grand Cayman, named Forbes Advisory. It has also renamed its wholly owned UK subsidiary from Mentum Services Limited to Forbes Ventures Investment Management Limited. FVIM has entered into an Appointed Representative agreement with G10 Capital Limited, which subject to regulatory approval, will permit FVIM to undertake certain investment activities regulated by the Financial Services and Markets Act 2000. The Company anticipates making further announcements about the progress of its strategy delivery in the forthcoming months.
For more information : http://www.forbesventures.co.uk
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