Private equity trade board, Invest Europe, has announced that Thierry Baudon will remain as chair of the organisation following the unexpected death of chair-elect Roderick Macmillan.
Baudon will remain in the role to steer Invest Europe through the challenges ahead and help cement private equity’s critical role in the European economic recovery.
Macmillan, who held the position of managing director of global government affairs, at buyout group Carlyle, passed away last month. He was due to succeed Baudon later this month.
As chair, Baudon will continue to be supported by Invest Europe’s board of directors.
Anne Fossemalle of the European Bank for reconstruction and development, currently vice-chair representing the LP Platform, has been appointed chair-elect for 2021-2022.
Meanwhile, Max Römer, Quadriga Capital, has also agreed to remain as treasurer for another year.
Baudon said: “Rory was a vigorous supporter of Invest Europe and a strong voice for the private equity industry. He was passionate about many issues, including ESG and gender, diversity and inclusion.
“We will honour his memory and contribution by striving to show the private equity industry’s leadership on these matters, as well as many others.”