3i appoints new finance director
Private equity firm 3i has appointed civil servant Simon Ball as its new finance director.
Link: Growth returns to financial services market
Currently serving as director general of finance at the Department for Constitutional Affairs, Ball has had a long career in the financial services sector, having held a variety of finance roles in investment banks.
New chief executive of the 3i group, Philip Yea, said of his appointment: ‘We are delighted that Simon has agreed to become the group’s finance director. He has a wide range of experience, combining a strong career in the financial services sector, experience of start-ups and a track record of change management.’
Outgoing finance director Michael Queen will remain with the company, and become head of its growth capital division when Ball takes up his position on 7 February 2005.