CDC Names Non-Executive Director

Ian Goldin has been named non-executive director of UK-based development finance institution CDC Group PLC. Goldin is a former World Bank executive who currently serves as director of the James Martin 21st Century School at the University of Oxford.

PRESS RELEASE

CDC Group plc (CDC), the UK’s development finance institution, has today announced the appointment of Dr Ian Goldin as a Non-executive Director. Dr Goldin replaces Professor Jonathan Kydd who is retiring after 13 years as a director.

CDC Chairman, Richard Gillingwater, said:

“I am delighted to welcome Ian Goldin to the CDC board. Ian brings valuable experience and skills which will complement our board. He will be a vital asset to CDC as we continue to take on the challenge of supporting economic growth in developing countries.

”I would also like to thank Jonathan Kydd who has given over a decade of dedicated service to CDC, during a period of immense change for the organisation. His deep development finance knowledge and his hands-on experience of Africa have been invaluable. We are extremely grateful to him and wish him well.”

Dr Goldin has an internationally recognised reputation in the field of development finance and economics and is currently director of the James Martin 21st Century School, at the University of Oxford. His career includes senior roles as Vice President at the World Bank, Chief Executive at the Development Bank of Southern Africa and Principal Economist at the European Bank for Reconstruction and Development. He was also an adviser to South African President Nelson Mandela.

Dr Goldin holds a number of other Non-executive Directorships and brings to the board extensive understanding of corporate governance practice and principles. He also has wide experience of emerging markets and the political and economic risk associated with investing in these areas.