Directorate Change


 

TIDMDCR 
 
RNS Number : 4250Q 
Defined Capital Return Fund Ltd 
09 April 2009 
 
RNS Announcement 
 
 
Defined Capital Return Fund Limited (the "Company") 
 
 
 
 
The Board of the Defined Capital Return Fund Limited announce the resignation of 
Mr. Archie Garden as a director of the Company and the appointment of Mr Vernon 
Breese in his place. 
 
 
Mr Garden's resignation and Mr Breese's appointment are effective from 19 March 
2009. 
 
 
Mr Breese joined Standard Bank Offshore in March 2007 following six years in the 
financial services regulatory environment with the Jersey Financial Services 
Commission (the "Commission") and Maples and Calder in Jersey. Educated in 
England at the Duke of York's Royal Military School, Mr Breese commenced his 
career in finance with Standard Chartered Bank Jersey in 1987, prior to which he 
served in Her Majesty's Armed Forces with the Royal Corps of Signals. 
 
 
Mr Breese is responsible for the development of Standard Bank's offshore fund 
administration activities and brings with him considerable relevant regulatory 
knowledge and experience. Whilst at the Commission, as Senior Manager of the 
Securities Division, Mr Breese managed the establishment of the Jersey expert 
fund regime and saw the first 70 Jersey expert funds through the authorisation 
process. 
 
 
Mr Breese speaks fluent German and is currently being sponsored by the bank to 
expand his linguistic skills to include Russian. 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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