Carmarthenshire-based cleantech venture Hydro Industries has appointed leading private equity figure, Myra Tabor, to its board as a non-executive director to support its global expansion plans.
A graduate of the London Business School, Banwen-born Ms Tabor has worked for the World Bank in Africa, and headed up the Special Investments Group at the Royal Bank of Scotland before founding Cognis Capital in 2003 where she remains its chief executive.
Llangennech headquartered Hydro Industries, which also has offices in London, Cairo and Riyadh, specialises in industrial wastewater treatment as well providing safe drinking water to some of the most disadvantaged communities globally. It is particularly active in the Middle East.
Its chief executive, Wayne Preece, said: “Myra Tabor is a force of nature with an awesome track record of success and we are all delighted that her experience, energy and insights will now help Hydro to ensure our clients can meet their environmental commitments around the world whilst creating jobs and opportunities at home.”
Ms Tabor said: “Hydro’s ability to harness technology to provide safe drinking water and help clean up the environment is revolutionary and its recent growth in parts of the world where water is often the most precious commodity is beyond impressive. I look forward to helping a formidable team to achieve its ambitious and noble aims”.
The UK Government has a small equity stake (2.5%) in the business through its now fully invested £1.1bn debt to equity Future Fund.
Other investors include co-founders of FTSE 100 car insurance to loans business, Admiral, David Stevens and Henry Engelhardt. Ms Tabor currently doesn’t have an ownership stake in Hydro.
Read more:
