Queen resigns from beleaguered 3i

Michael Queen says 3i is in a 'strong position for the future' and ready to be driven forward by new leadership.

3i is now searching for a new chief executive, as 25-year 3i veteran Michael Queen has revealed plans to leave the beleaguered London-listed private equity group.

The board has begun the search for a new CEO, according to a statement that noted Queen would depart once a replacement was found.

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