Globalworth Real Estate Investment Limited announced the appointment of three non-executive directors. Two of these appointments are made pursuant to the investment agreement with York Capital Management Global Advisors, LLC ("York") and certain affiliates of Oak Hill Advisors (Europe), LLP ("Oak Hill"). The appointments, which will take immediate effect, are Akbar Abdul Aziz Rafiq, who is York's appointed director, and Alexis Atteslis, who is Oak Hill's appointed director.

Additionally, the company announced the appointment of Andreea Petreanu, as an independent non-executive director, with immediate effect. Akbar joined York Capital Management in June 2011 and is a Co-Head of European Credit, based in London, and Co-Portfolio Manager of the York European Distressed Credit funds. Alexis serves as a Principal at Oak Hill with senior responsibility for European investments.

Alexis has more than 10 years of experience in the finance industry, having previously worked at Deutsche Bank and PricewaterhouseCoopers. Andreea Petreanu has over 13 years of experience in the investment banking industry, working as credit risk manager for top tier global investment banks including Morgan Stanley, HSBC, Merrill Lynch and Bank of America.