CDC Group Hires a COO

Shonaid Jemmet-Page has been named chief operating officer of CDC Group, a UK government-backed fund-of-funds for private equity funds in emerging markets. She previously was senior VP of finance and information for Unilever.

PRESS RELEASE

CDC Group plc (“CDC”), the UK government-backed private equity emerging markets fund of funds investor, has appointed Shonaid Jemmet-Page as Chief Operating Officer.

Shonaid joins from Unilever where she had worked since 2001, firstly in their fastest growing business unit in Asia and most recently as Senior Vice President of Finance and Information. Prior to Unilever, Shonaid worked for KPMG for 20 years where she established and developed their sustainability unit.

Richard Laing, Chief Executive, CDC Group, said:

“Shonaid’s business experience in emerging markets combined with her deep financial, general management and socially responsible investment experience means she will add real value to CDC and be a great asset to us.”

CDC Group plc

CDC is a government-owned fund of funds with net assets of £2.7bn.

It uses its own balance sheet to invest in private equity funds focused on the emerging markets of south Asia and sub-Saharan Africa.

CDC’s mission is to generate wealth by providing capital for investment in sustainable and responsibly managed private sector businesses.

For further information please see www.cdcgroup.com