Global Infrastructure Partners (GIP), the $5.6 billion infrastructure fund, has made several appointments to the board of London Gatwick Airport.
GIP, which agreed to acquire the airport in October for £1.5 billion, is awaiting regulatory approval to complete the transaction and take control of the asset. Clearance is expected to be forthcoming in the first week of December.
Today GIP said that Sir David Rowlands, a senior UK bureaucrat who until his retirement in 2007 ran the Department for Transport, will be chairman of Gatwick’s new board of directors. Rowlands is currently advising the UK government on plans to establish a high speed rail programme. He is also an adviser to Capita Group, among other positions in his portfolio.
Also joining the Gatwick board will be Andrew Jurenko, a former executive at Gatwick vendor BAA. Jurenko is an airport specialist who earlier in his career ran Australia Pacific Airports Corporation, Melbourne Airport and BAA Pacific in Hong Kong.
Another seat will be taken by James van Hoften, former head of aviation at Bechtel and whose experience includes running the $23 billion Hong Kong Airport Core Programme in the 1990s.
From within its own ranks, GIP will be installing partners Michael McGhee and Bill Woodburn.