3i Group plc announces the appointment of Mr Simon Borrows as Chief Investment Officer. He will also be appointed to the Board when he joins the Company in the autumn.

Mr Borrows is currently Chairman of Greenhill & Co International LLP, having previously been Co-Chief Executive Officer of Greenhill & Co, Inc. Before founding the European operations of Greenhill & Co in 1998 he was the Managing Director of Baring Brothers International Limited. He is also a non-executive director of The British Land Company plc and of Inchcape plc.

Having successfully established the Chief Investment Officer role since his appointment to that post in 2009, Mr Ian Nolan will be moving to a new role in the autumn.

Sir Adrian Montague, 3i Chairman, said:

"We are very pleased to announce the appointment of Simon as Chief Investment Officer and as an executive Director. He brings a broad range of financial and investment experience and transactional capability and we very much look forward to working with him."

Simon Borrows commented:

"I am very pleased to be joining 3i. It is a group with a great brand and is well placed to take advantage of a considerable market opportunity."

For information please contact:

Patrick Dunne 
3i Group Communications Director 
+44 (0) 207 975 3566