Investcorp names Frances Fragos Townsend to board

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

Investcorp yesterday announced the appointment of Frances Fragos Townsend to its Board of Directors, effective immediately.

Investcorp’s board now has 15 directors, 10 of whom have joined the board in the past five years.  

Townsend is Emeritus Vice Chairman at MacAndrews & Forbes, Incorporated.

She formerly held the titles of General Counsel and Chief Administrative Officer and Executive Vice President for Worldwide Government, Legal and Business Affairs working across MacAndrew’s portfolio companies focusing on international, legal, compliance and business development issues.

Townsend previously served as Advisor to President George W. Bush for Homeland Security and Counterterrorism and chaired the Homeland Security Council.

She was the first Assistant Commandant for Intelligence for the US Coast Guard and spent 13 years at the US Department of Justice in various senior positions.  

Mohammed Alardhi, Executive Chairman of Investcorp, commented: “Over the past five years we have been focused on further strengthening and diversifying our Board to ensure that we have the right mix of global skills, expertise and perspectives to extend our long history of success and achieve our ambitious growth plans.”  

Frances Fragos Townsend said, “I am particularly looking forward to contributing to the firm’s remarkable global growth journey and working alongside my fellow board members to drive sustainable value in the years to come.”