PHILADELPHIA, Nov. 28, 2011 /PRNewswire/ -- Aberdeen Emerging Markets Telecommunications and Infrastructure Fund, Inc. announces the retirement of Mr. Walter Eberstadt from the Board of Directors and the appointment of Mr. Alexander Zagoreos.
Mr. Enrique R. Arzac, Chairman, comments: "On behalf of the Fund's Board, I would like to thank Mr. Eberstadt for his invaluable contribution to the Fund during his six year tenure as a Director and wish him the best of success in all his future endeavors. In addition, we are very pleased to welcome Mr. Zagoreos who brings significant global and emerging markets experience to the Fund and look forward to his contributions to the Fund and its shareholders."
Mr. Zagoreos is a Senior Advisor to Lazard Asset Management where he was a Partner and Managing Director until 2006. Mr. Zagoreos joined Lazard Freres and Co. in 1977 and in the course of his career there, was responsible for establishing and managing several global and emerging markets funds.
Mr. Zagoreos received a B.A. from
Columbia College, as well as a MBA and Master of International Affairs from
Columbia University. He served in the US Navy Reserve and was honorably discharged as a Lieutenant.