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KKR Announces Appointment of Sir John Bond as Senior Advisor

    NEW YORK, Nov. 21 /PRNewswire/ -- Kohlberg Kravis Roberts & Co. (KKR)
announced today that it has appointed Sir John Bond as a senior advisor to
the firm.
    Sir John Bond was most recently Group Chairman of HSBC Holdings Plc.
During his distinguished 45-year career at HSBC, he played a key role in
the growth and development of its businesses worldwide, and particularly
across Asia, and its emergence as a premier global financial institution.
He is currently Chairman of Vodafone Group Plc, Chairman of the Mayor of
Shanghai's International Business Leaders Advisory Council and a member of
the China Development Forum, which meets annually in Beijing and provides
advice to the Chinese Government. He has been a member of the Hong Kong
Chief Executive's Council of International Advisers since 2002. He is also
a member of the International Advisory Council to the Tsinghua University
School of Economics and Management in Beijing. Recently Sir John joined the
Board of Shui On Land, a major investor in property in the People's
Republic of China.
    Henry R. Kravis, Founding Partner of KKR, said, "As a firm that
operates on an international scale, it is critical that KKR is able to draw
upon the vision and expertise of individuals who understand how to develop
and manage business and government relationships globally. John brings a
wealth of knowledge and experience in the financial services sector, which
is a key focus for KKR, as well as a global vision that will be of enormous
benefit to KKR and to our portfolio companies around the world."
    Joe Bae, a Partner of the Firm, who leads KKR's operations in Asia,
added, "As opportunities across Asia continue to emerge, John's strategic
insight and unique network and relationships will bring tremendous value to
our business. His deep operational capabilities in building and expanding
HSBC's business in China and across Asia will also contribute significantly
to the success of our portfolio companies in the region."
    About KKR
    Kohlberg Kravis Roberts & Co. (KKR) is one of the world's oldest and
most experienced private equity firms specializing in management buyouts.
Founded in 1976, it has offices in New York, Menlo Park, London, Paris,
Hong Kong and Tokyo.
    Throughout its history, KKR has brought a long-term investment approach
to its portfolio companies, focusing on working in partnership with
management teams and investing for future competitiveness and growth. Over
the past 30 years, KKR has completed 146 transactions with a total value of
approximately US$263 billion. For more information, please visit
http://www.kkr.com.
    Contact:
    New York
    Kekst and Company         Tel: +1 212 521 4800
    Molly Morse
    Mark Semer

    London
    Finsbury                  Tel:  +44 (0)20 7251 3801
    Simon Moyse
    Zoe Watt

    Hong Kong
    Gavin Anderson & Company  Tel:  +852 2218 9988
    Richard Barton            Mob:  +852 9308 1056
    Joshua Goldman-Brown      Mob:  +852 9687 9197


SOURCE Kohlberg Kravis Roberts & Co.




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Related links:
  • http://www.kkr.com
    CONTACT:
    New York, Molly Morse, or Mark Semer Kekst
    and Company, +1-212-521-4800; London, Simon Moyse, or Zoe Watt,
    Finsbury, +44-(0)20-7251 3801; Hong Kong, Richard Barton, Mob -
    +852-9308-1056, or Joshua Goldman-Brown, Mob - +852-9687-9197,
    Gavin Anderson & Company, +852-2218-9988