Business
Directorate changes
Directorate changes.
About this update from Aurrigo International Plc
[{"type":"text","content":"\n RNS Number : 9659C Aurora Russia Limited 08 September 2008 \n \n8 September 2008\n\nDirectorate changes\n\n\nAurora Russia Limited ('Aurora Russia' or the 'Company'), the AIM-quoted investment vehicle established to make equity or equity-related investments in small and mid-sized private companies in Russia, today announces that Dan Collinson Koch, Non Executive Director of Aurora Russia, has been appointed Chairman of the board.\n\nDan Koch will assume the Chairmanship from Sir Trevor Chinn. Sir Trevor has decided to resign to devote more time to his charitable activities specifically to focus on his recent appointment as Chairman of the Mayor's Fund for London the goal of which is to relieve poverty in London. \n\nCommenting on the appointment, John McRoberts and James Cook, Directors of Aurora Investment Advisors said: \n\n'Dan recently joined Aurora Russia as a Non Executive Director and we are delighted to announce his appointment as the new Chairman of the Company. His considerable experience in advising Russian companies makes him the ideal choice to further develop both our pipeline and our current investments which are all demonstrating strong growth. \n\n'We would like to sincerely thank Sir Trevor for his significant contribution to Aurora Russia since its flotation in March 2006. He has brought an enormous amount of experience and insight to the Board over this period and we expect that he will continue to be a good friend to the Company offering any advice that he can over the years ahead. We wish him well in his new appointment as the Chairman of the Mayor's Fund for London and he departs with our best wishes.'\n\nCommenting, Sir Trevor said: \n\n'I have thoroughly enjoyed my time as Chairman of Aurora Russia Limited. I continue to have a high regard for the way that the Company is being managed and for the quality of its investments. I believe Dan will make a superb Chairman bringing with him a wealth of particularly relevant experience having built and run one of the most successful services firms in Russia, the services sector being one of the sectors on which Aurora Russia focuses.'\n\n\nNotes to Editors:\n\nEnquiries:\n\nAurora Russia Limited,\nJames Cook, Moscow &nb...