Chris Rowlands is joining 3i as a member of the executive committee with responsibility for the UK network outside of London, as well as 3i’s business in Germany, Switzerland, Austria and the Nordic region. Rowlands will also be responsible for growth capital, one of 3i’s main product areas across Europe.
He has already worked at 3i prior to joining Arthur Andersen in 1996, where he helped to develop its European Corporate Finance business.
Paul Waller will take on responsibility for 3i’s network in Holland, France, Italy and Spain, in addition to his current responsibilities for unquoted fund management.
The management changes follow announcement of the retirements from the board of Richard Summers and Peter Williams, effective December 31, 2002.