Recruitment of Non-Executive Director for North East Finance
North East Finance Holdco Limited (NEF) is seeking to appoint a capable individual as a non-executive director.
NEF is the holding fund manager of the Finance for Business North East (FBNE) programme, a suite of venture capital and loan funds which invested £160m in SMEs in North East England from 2010 to 2017. NEF has been funded principally by the European Regional Development Fund, the European Investment Bank and the UK government. There are seven sub-funds which are all now fully-invested and in their realisation phase. The next few years remain critical to the overall success of the FBNE programme – with significant repayments due to the EIB and the imperative then to maximise the legacy of the programme, in terms of financial returns for reinvestment in the North East and the impact on business in the region.
NEF seeks a director who can help the company achieve these objectives and who will assume a major role in the governance of the company. The successful applicant will have experience at board level in a venture capital or private equity business and/or a track record in corporate finance, investment banking or broking and strong networks with key players in the SME investment sector.
Closing date 25 August 2017: see link for further details and application process.
LINK FOR DETAILS