Business
Directorate Change
Directorate Change.
About this update from Castelnau Group Limited
[{"type":"text","content":"\n\n \n \n\n\n\n\n14 September 2023\nCASTELNAU GROUP LIMITED \n(a closed-ended investment company incorporated in Guernsey with registration number 67529)\n(The \"Company\")\nLEI Number: 213800PED8RFUBMK1T64\n \nDirectorate Change\n \nFurther to its announcement on 21 August 2023, Castelnau, a long-term investor in businesses with competitive advantages where Castelnau can help drive growth, is today pleased to announce the appointment of Richard Brown as Non-Executive Director of the Company and Chief Executive Officer of Castelnau Group (a subsidiary of the Company) with immediate effect. \n \nA former investment banker, Richard has over 14 years of corporate finance experience. He has advised firms ranging from the largest FTSE 100 companies to private businesses, UK-focused as well as international. Richard has also played an instrumental part in numerous high-profile M&A and ECM transactions and has significant experience of acting more generally as a key boardroom adviser.\n \nRichard most recently worked for more than seven years at Morgan Stanley in its UK investment banking and corporate broking team. He has previously worked at Peel Hunt and Barclays, having initially qualified as a chartered accountant at KPMG.\n \nGary Channon, CIO of PAMP, said: \"We are thrilled that Richard is joining us. He brings a wealth of corporate finance knowledge, as well as significant experience in providing strategic board level advice. We recently worked with him on the acquisition of Dignity and it is clear he has the attributes and skillset to help drive Castelnau forward. I look forward to working closely with Richard as we continue to execute on the huge opportunities that lie ahead for the Group.\"\n \nRichard Brown, incoming CEO of Castelnau Group, said: \"I am delighted to be joining such a great business. Castelnau is highly differentiated in its approach, providing genuine long-term capital to exciting businesses with strong competitive advantages. Its rigorous approach to capital allocation and clear focus on helping its businesses flourish by adding significant strategic and operational guidance where needed, give me considerable confidence in our future. I look forward to building on these strong foundations and working with the excellent team at Castelnau to realise the C...