Vietnam Infrastructure names chairman
Mr. Carington has run his own financial advisory business since leaving Morgan Grenfell & Co. Ltd., the merchant bank, after a 17 year career, including a period as Chief Executive of the Hong Kong office with responsibility for China. He is currently Chairman of Schroder AsiaPacific Fund Plc.
Mr. Carington also sits on a number of boards and advisory boards of companies throughout Asia, Europe, North America, and the Middle East including those of SETE Technical Services, Alger Associates Inc., and Abdul Latif Jameel Co. Ltd. He is International Adviser to LGT Group Foundation.
Mr. Carington's past directorships have included acting as Chairman of the Korea Asia Fund, Chairman of the Schroder Emerging Countries Fund, a Director of the Fleming Natural Resources Investment Trust and the JP Morgan Fleming Smaller Companies Investment Trust plc.
Mr. Carington will succeed Paul Cheng, who has retired from VNI's Board of Directors.
Mr. Cheng is an independent non-executive director of Esprit Holdings Limited and Kingboard Chemical Holdings Limited – both listed companies on the Hong Kong Stock Exchange. He is a member of the International Advisory Board of Abdul Latif Jameel Co. Ltd., one of the largest private companies in Saudi Arabia, and is an advisor to Steelcase Corporation in the U.S. ■