Jaime Ardila and Ann B. Lane were elected to the Goldman Sachs BDC board of directors, effective February 25, 2016.

Ardila will serve on the audit, compliance, compensation, contract review and governance and nominating committees. Now retired, Ardila worked for 29 years at General Motors, where he held several senior management positions, most recently as executive vice president of the company and president of General Motors’ South America region. Ardila served as the managing director of Colombian Operations at N M Rothschild & Sons before rejoining General Motors in 1998.

Lane is also retired. She currently serves as treasurer and as a member of the board of directors of Women In Need, a not-for-profit organization, where she chairs the finance committee and also serves on the executive committee. She was a director of Dealertrack Technologies, an automotive software solutions and services company, from 2007 to 2015. Previously, she worked for five years at JPMorgan Chase as a managing director and co-head of Syndicated & Leveraged Finance and head of Loan Syndications Capital Markets. Prior to joining JPMorgan Chase, Lane held several senior management positions at Citigroup.

Goldman Sachs BDC is a specialty finance company that has elected to be regulated as a business development company under the Investment Company Act of 1940.