Nick O’Donohoe to step down as CEO of BII later this year
Nick O’Donohoe has decided to step down as CEO of British International Investment.
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Nick O’Donohoe has decided to step down as CEO of British International Investment (BII) later this year after seven years of leading the institution.
The board, led by BII’s chair Diana Layfield, is leading the process to find O’Donohoe’s successor. O’Donohoe will support the transition to the new CEO following their appointment.
O’Donohoe said, “It has been an extraordinary privilege to be the CEO of BII over the past seven years. When I joined my objective was to continue building a world-class investment organisation that would have development impact at the core of everything it does and would ensure the UK was recognised as a leader in development finance. I am enormously proud of what has been achieved and to have had the opportunity to lead an organisation of such incredibly dedicated specialists who work tirelessly with our partners to deliver the sort of change that makes a meaningful difference to peoples’ lives. This year is a natural time to hand over the stewardship of this wonderful and vital institution for its next stage.”
Diana Layfield, chair, said, “I would like to express my, and the board’s, huge gratitude to Nick for his dedication over the last seven years. He has led BII through a period of significant transformation and has had a tremendous impact on BII and on development finance more broadly. During his time as CEO, the world has faced an exceptional combination of challenges, yet under Nick’s leadership BII has met these challenges with bold and innovative solutions. We have been very lucky to have him at the helm for so long, and he will leave BII in a strong position for his successor.”
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