Ashmore Group plc Non Executi

RNS Number : 5176U

Ashmore Group PLC

25 June 2009

 



Ashmore Group PLC 

25th June 2009

Ashmore Group plc 

Directorate 

Ashmore Group plc ('Ashmore') today announces the appointment of Melda Donnelly to the Board as a Non Executive Director effective 1st July 2009. On appointment she will join the Audit Committee of the Board.

Melda Donnelly (aged 59) is an Australian citizen and a Chartered Accountant. She is the Founder and Chairperson of the Centre for Investor Education. Current directorships include Chairperson of Hochma Development Fund Pty Ltd and Deputy Chairperson of Victorian Funds Management Corporation. 

Ms Donnelly's past investment experience includes being CEO of Queensland Investment Corporation and Deputy Managing Director of ANZ Funds Management. She is currently a Committee Member of the Superannuation Advisory Group, Australia and a member of the Advisory Committee of the Oxford University Centre for Ageing

There are no further details required to be disclosed pursuant to Listing Rule 9.6.13 in connection with her appointment. 

The Board Committees of Ashmore Group plc are now composed as follows:

Audit Committee - Nick Land ( Chairman), Jonathan Asquith, Melda Donnelly.

Remuneration Committee - Jonathan Asquith ( Chairman), Michael Benson, Nick Land

Nomination Committee - Michael Benson ( Chairman ), Nick Land, Jonathan Asquith. 

Enquiries to:

Ashmore Group plc [phone] 

Michael Perman  

Penrose Financial [phone] 

Gay Collins       [phone]   

Notes to Editors:

Ashmore Group plc

Ashmore is a specialist active value-oriented fund manager focusing on emerging markets globally, with a fund management track record going back to 1992.  As one of the most successful and experienced investors in emerging markets debt, currency, and special situations incorporating distressed and private equity approaches, Ashmore is well known for its mature and innovative investment approach and outstanding performance track record.

Ashmore employs five investment themes in emerging markets: External debt; local currency; public equities; corporate high yield; and special situations (including distressed debt and private equity).  Ashmore also manages a multi-strategy fund and several structured products with investment banks. 

More information is available on the Group's website www.AshmoreGroup.com 

This information is provided by RNS the company news service from the London Stock Exchange 

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