Gravis Capital’s GCP Infrastructure Investments has appointed the Nationwide Wealth Fund’s Ian Brown to its board as a non-executive director.
Brown has additionally been appointed as a member of the funding committee, the administration engagement committee, and the sustainability committee.
He has greater than 35 years’ expertise in banking and investments, and is at present head of banking and investments on the £27.8bn Nationwide Wealth Fund, the place he’s liable for the origination and execution of its lending and investing actions.
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Earlier than becoming a member of the Nationwide Wealth Fund, Brown was head of personal markets at LGPS Central, the place he established various infrastructure, personal fairness and personal credit score funds of funds.
He has additionally held senior management roles at Lloyds Banking Group and was a member of Lloyds’ credit score committee for 14 years.
“Ian will deliver core strengths and a wealth of related expertise which can make sure that the evolving board maintains the required complementary vary of expertise, as we proceed the implementation of our capital allocation programme and technique,” stated Andrew Didham, chairman of GCP.
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Brown’s appointment was introduced on the newest GCP Infrastructure Investments annual normal assembly.
Throughout the assembly, it was additionally confirmed that Alex Yew, a non-executive director, would turn out to be chair of the funding committee with impact from 13 February 2025.
Michael Grey has retired as a non-executive director and as chairman of the funding committee.
“I wish to thank Michael for his invaluable assist, devoted service and contribution to the corporate over the previous 10 years,” added Didham.
“The board wish to want Michael continued success sooner or later.”
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