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Mr Laing was previously CEO of CDC Group plc, formerly the Commonwealth Development Corporation Group, from 2004 to 2011, having joined the organisation in 2000 as Finance Director.
The company was the first development finance institution, set up in 1948 and renamed Commonwealth Development Corporation in 1963, and started investing into funds in 2004 after spinning off Actis and Aureos fund managers.
By LONDON, July 07, 2011 (Balochistan Times): Punjab government and Commonwealth Development Corporation have announced to set up an investment fund with the participation of different countries for the promotion of foreign investment in the province.
There are motorways worth pounds 100 billion; forests estimated at pounds 250 million and the Commonwealth Development Corporation, which would fetch pounds 2.
Not because of the rich food, but because CDC stands for the Commonwealth Development Corporation, a Government-funded antipoverty quango.
But he was plunged into a row over waste after it was revealed managers at the Commonwealth Development Corporation dined at some of London's finest restaurants - and put the bills on expenses.
Currently GTLP participants include IFC, Canada, the African Development Bank, the Saudi Fund for Development, the Netherlands, the Commonwealth Development Corporation, and the UK.
CDC Group, formerly the Commonwealth Development Corporation, is owned and run by the Department for International Development and invests in private businesses across Africa, Asia and Latin America.