John Laing Group plc (LON:JLG) today announced the appointment of Luciana Germinario as Chief Financial Officer Designate.
Patrick O’D Bourke has decided to retire and will step down from the Board following John Laing’s Annual General Meeting on 9 May 2019 to pursue a non-executive career. Patrick has served as Group Finance Director since 2011.
Luciana Germinario will be appointed to the Board of Directors of John Laing with effect from 25 April 2019. To enable a smooth transition, she will be getting to know the business in the meantime and will subsequently succeed Patrick O’D Bourke.
Luciana was the Chief Financial Officer for Eight Roads, the principal investment division of Fidelity International Limited which oversees proprietary capital investments into real estate, venture capital and growth businesses. Prior to this, Luciana held a number of finance roles within General Electric.
Olivier Brousse, Chief Executive Officer, commented: “Patrick has been a crucial member of the team and has been instrumental in our successful IPO in 2015 and our move to a more internationally focussed business. I have thoroughly enjoyed working with him and we will be sorry to see him retire. The Board and I are very pleased to welcome Luciana to the team. Her previous international financial and investment experience will be an excellent addition to John Laing’s executive team. I am looking forward to working with her as we continue to grow the business.”
Will Samuel, Chairman, commented “We are delighted that Luciana will soon be joining us. John Laing has a strong track record of identifying strong investment opportunities in the infrastructure and renewable energy sectors. Demand for both is increasing and Luciana will bring strong operational capability with a real focus on driving investment performance. On behalf of the Board, I would also like to express our particular appreciation to Patrick for his invaluable contribution to the business. We wish him well for the future.”
