KKR Appoints Ludo Bammens as Director of European Corporate Affairs
November 20 2008 - 8:42AM
Business Wire
Kohlberg Kravis Roberts & Co. (�KKR�) today announced the
appointment of Ludo Bammens as Director of European Corporate
Affairs. Mr. Bammens, who will be based in KKR�s London office,
joins KKR from Coca-Cola Company Europe Group. Mr. Bammens will be
responsible for public affairs and communications in Europe,
including outreach to investors, portfolio companies, governments
and other third parties. He will report to Kenneth B. Mehlman,
Managing Director and Head of Global Public Affairs. �Best-in-class
communication and engagement with investors and public stakeholders
is a critical component of KKR�s ability to create value. Ludo will
be a tremendous asset to the stakeholder relations practice we are
building at KKR. We especially want to enhance this capability in
Europe, where we are and will continue to be a major investor,�
said Ken Mehlman. Working for both the brand owner and the largest
bottling operations within Coca-Cola, Mr. Bammens has successfully
operated in both a brand-driven and an industrial environment. He
led the efforts in Europe on reputation management and has been
widely recognised for being an outstanding ambassador and for
building an integrated corporate social responsibility strategy
into Coca-Cola�s business operations in Europe. Commenting on the
announcement, Johannes Huth, Head of European Operations for KKR,
said: �Ludo�s background makes him the ideal candidate to take up
this newly created role, leading KKR�s European Corporate Affairs
and enhancing transparency of KKR�s communications with all of its
external European stakeholders. We very much look forward to
welcoming him to KKR in January.� KKR, a leading alternative asset
manager in the European asset management space, is focused on
creating long-term value for the companies in which it invests. In
2007 KKR successfully completed the acquisition of Alliance Boots
in a deal valued at �12.4 billion and invested in Northgate
Information Solutions, the provider of specialist software,
outsourcing and information technology services, with an enterprise
value of �593 million. In addition, in 2006, KKR acquired
PagesJaunes Groupe, the French publisher of printed directories for
�5.6 billion. About Ludo Bammens Ludo Bammens, 47, a Belgian
citizen, joins KKR from Coca-Cola Company Europe Group where he was
Director of European Public Affairs. Prior to taking this role he
was Vice President, Public Affairs and Communications for the
Europe Group of Coca-Cola Enterprises, the largest bottler in the
Coca-Cola system. He joined Coca-Cola from Janssen Pharmaceutica
(the pharmaceutical branch of Johnson & Johnson) where he was
Director of European Public Affairs. From 1986-1991, Mr. Bammens
was Deputy Chef de Cabinet of King Baudouin of Belgium. About KKR
Established in 1976, KKR is a leading global alternative asset
manager. The core of the Firm�s franchise is sponsoring and
managing funds that make private equity investments in North
America, Europe, and Asia. Throughout its history, KKR has brought
a long-term investment approach to portfolio companies, focusing on
working in partnership with management teams and investing for
future competitiveness and growth. Additional funds that KKR
sponsors include KKR Private Equity Investors, L.P. (NYSE Euronext
Amsterdam: KPE), a permanent capital fund that invests in
KKR-identified investments; and two credit strategy funds, KKR
Financial (NYSE: KFN) and the KKR Strategic Capital Funds, which
make investments in debt transactions. KKR has offices in New York,
Menlo Park, San Francisco, Houston, London, Paris, Hong Kong,
Beijing, Tokyo and Sydney. More information about KKR is available
at: www.kkr.com
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