Parker to CDC board

Tim Parker joins CDC Capital Partners, a leading risk capital investor in emerging markets, as a non-executive director of the board. He replaces Pen Kent, who joined the board in 1995 and is now retiring.

Parker has been chief executive of Clarks, the number one non-sports shoe brand in the world, since 1996. Having started his career as an economist at the HM Treasury, he went on to lead a management buyout of Kenwood from Thorn EMI, which was subsequently floated in 1992.