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Vietnam Infrastructure names chairman

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Staff writer | London, United Kingdom |
Vietnam InfrastructureApril 8, 2014, London, United Kingdom - Vietnam Infrastructure Limited, a closed-end fund, announced that Rupert Carington has been appointed to the role of 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.

Mr. Cheng was formerly Chairman of The Link Management Ltd., which manages a portfolio of previously government-owned retail and car parking assets. He has a B.A. degree from Lake Forest College (Illinois, U.S.A) and received his M.B.A. degree from the Wharton Graduate School of Business at the University of Pennsylvania.

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