Concha appoints new director

30th Apr 2014 13:20

AIM quoted investment company Concha has appointed Gordon Watson as a non-executive director of the company.Watson, who is currently regional Chief Executive of Hong Kong listed pan-Asian life insurance provider AIA Group, will assume the role with immediate effect. He has held various senior leadership positions in New York, London, Africa, the Middle East, Japan, Korea and Hong Kong and has over 28 years' service with AIG and AIA.Executive Chairman Chris Akers said: "In delivering our ambitious growth agenda, we welcome Gordon as an important addition to the Concha board. Gordon's knowledge and insight into the Asian and global markets shall prove in-valuable in helping us realise our international objectives."As of 14:20, the share price had dropped 11.10% to 0.9p.WS