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Directorate Change

24th Feb 2025 09:23

RNS Number : 1950Y
Jardine Matheson Hldgs Ltd
24 February 2025
 

JARDINE MATHESON HOLDINGS LIMITED

 

Appointment of Independent Non-Executive Director

 

Jardine Matheson Holdings Limited (the 'Company') announces that Ming Lu has been appointed as a Non-executive Director of the Company with effect from 24 February 2025.

 

Ming is a Senior Advisory Partner of KKR, based in Hong Kong. He joined KKR in 2006 and has held a series of senior roles with the firm, including Executive Chairman, Asia Pacific at KKR Asia Limited and a Partner of Kohlberg Kravis Roberts & Co. L.P.

 

Ming has played a significant role over many years in private equity investments across Asia Pacific and, since 2018, has been playing a leadership role in KKR Asia's growth and expansion, including serving as a member of the Asian Infrastructure Investment Committee and Asian Real Estate Investment Committee.

 

Ming was previously a Partner at CCMP Capital Asia (formerly J.P. Morgan Partners Asia), where he was responsible for investments in the automotive, consumer and industrial sectors in Korea, China, Japan, Australia and Southeast Asia.

 

Prior to joining JPMP Asia in 1999, Ming was President of Asia Pacific at Lucas Varity, a leading global automotive component supplier. He also worked for Kraft Foods International Inc. and CITIC, the largest direct investment firm in China.

 

Ben Keswick, Executive Chairman, said:

 

"I am delighted to welcome Ming to the Board and to the Jardines group. As a global investment expert, I believe that Ming will make an important contribution to the future growth of the Group. We look forward to benefitting from his counsel and advice, based on his unrivalled experience of leading and building a highly-respected and successful business and his deep knowledge of, and strong reputation in, Asia."

 

In connection with the above appointment, the Company advises that Ming Lu has held directorships in the following listed companies in the past five years:

 

Prudential plc

Independent Non-executive Director

May 2021 - present

Jones Lang Lasalle

Independent Non-executive Director

May 2009 - May 2021

 

 

Jonathan Lloyd, Jardine Matheson Limitedfor and on behalf of Jardine Matheson Holdings Limited 24 February 2025 www.jardines.com

 

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