QIC announces senior US and UK appointments to its Global Infrastructure Business

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QIC announces senior US and UK appointments to its Global Infrastructure Business

QIC has appointed  two additional senior infrastructure executives as part of its global infrastructure expansion strategy.

Geoff Chatas will lead QIC's infrastructure business in North America from the firm's New York City office, and Giles Tucker will lead QIC's UK and European infrastructure operations from its London office.

Ross Israel, Head of QIC's Global Infrastructure said:

"I'm delighted that infrastructure executives of Geoff's and Giles' calibre are joining QIC. These talented executives will be pivotal in leading and executing QIC's global infrastructure offering. This is an exciting time for our infrastructure business. We are deepening the experience in our team in key sectors and geographies. This will enable us with our disciplined approach to find more attractive relative value opportunities globally for our clients."

Mr Chatas brings 25 years of experience in finance and infrastructure to his new role and has spent most of his career focused on the energy and aviation sectors. For the past five years he was Chief Financial Officer of the Ohio State University. He joined the Ohio State University from JP Morgan Asset Management, where he was a Managing Director for the Infrastructure Investments Group. Prior to JP Morgan, Mr Chatas was CFO at Progress Energy, where he was responsible for corporate development, including asset acquisition and divestitures.

Mr Tucker brings three decades of infrastructure and leadership experience to his role. He joins QIC from the Royal Bank of Canada in London, where he established the Bank's well-regarded infrastructure franchise, and for more than a decade was its Managing Director and Head of Infrastructure, Transport and Logistics for the UK and Europe.

He joined Royal Bank of Canada in 2003 after four years as Head of Infrastructure at Newcourt Capital/CIT, London. He began his career on the international side of NatWest Bank Plc, and has since worked in senior acquisition and project finance roles at a number of leading UK and international banks, including Sumitomo Bank Ltd and SG Hambros Bank Ltd.

Today's announcement from QIC follows its announcement earlier this month that the QIC Global Infrastructure Fund secured initial capital commitments totalling A$645 million from four institutional investors, and that Paul Costello, the inaugural CEO of Australia's Future Fund and the first CEO of the New Zealand Superannuation Fund, was appointed independent chairman of the QIC Global Infrastructure Investment Committee. QIC is working to gain regulatory approvals for the Fund in a number of international jurisdictions.

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