For immediate release | 27 June 2013 |
DQ Entertainment plc
("DQE" or "the Company")
Directorate Change
DQ Entertainment plc, a leading animation, gaming, live action entertainment production and distribution group, is pleased to announce the appointment of Mr. Santhanaraman Vaidyanathan to the board as a non-executive independent director with immediate effect.
Mr. Santhanaraman brings with him over three decades of extensive experience in corporate banking, treasury, risk management, project finance, foreign exchange operations and the inspection and audit of banks.He was associated with Indian Bank for about 36 years and retired as an Executive Director of Bank of Baroda (one of the largest banks of India) working closely with the Chairman of the bank. He is also a Certified Associate of the Indian Institute of Bankers.
Tapaas Chakravarti, Chairman & CEO, commented:
"We are delighted to welcome Mr. Santhanaraman to our Board and believe that we will benefit from his experience in corporate banking, finance and audit coupled with his extensive network in the banking circles of India. We are confident that his contribution as an independent director will provide a valuable dimension to the Board and will enable the Company to strengthen its financial/governance systems."
For further information please contact:
DQ Entertainment plc Tapaas Chakravarti - Chairman and CEO Rashida Adenwala - Director Finance & Investor Relations | Tel: +91 40 235 53726 | ||
Allenby Capital Limited Jeremy Porter / Alex Price | Tel: +44(0) 20 3328 5656 | ||
Buchanan Mark Edwards/Clare Akhurst www.buchanan.uk.com | Tel: +44 (0)20 7466 5000 |
Regulatory disclosures
Santhanaraman Vaidyanathan (age 63) is or has been a director or partner of the following companies or partnerships during the previous 5 years:
Current | Previous | |
DQ Entertainment (International) Limited Arvind Remedies Ltd. Arvind Wellness Limited | Bank of Baroda Bank of Baroda (Tanzania) Ltd Bank of Baroda (Uganda) Ltd Bank of Baroda (Kenya) Ltd The Karur Vysya Bank Ltd. | |
There is no further information on Mr. Santhanaraman required to be disclosed under Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies.
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