Directorate Change

RNS Number : 8629V

JPMorgan Asian Investment Tst PLC

26 July 2018

 

LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN ASIAN INVESTMENT TRUST PLC

APPOINTMENT OF DIRECTORS

Legal Entity Identifier: 5493006R74BNJSJKCB17

Information disclosed in accordance with Listing Rule 9.6.11(R)

The Board of JPMorgan Asian Investment Trust plc is pleased to announce the appointments of June Aitken and Sir Richard Stagg as Non-Executive Directors of the Company with effect from 26th July 2018.

Ms. Aiken has over three decades of experience in Asian equity markets. She was a founding partner and investor of Osmosis Investment Management LLP, a company established in 2009, which uses quantitative methodology to identify resource efficient companies.

Prior to this, Ms. Aitken held numerous senior roles at HSBC Bank plc, London, where she was Global Head of Emerging Market Equity Distribution from 2004 to 2006 and Head of Strategy Management for two years after that. Ms. Aitken previously worked at UBS AG, where she was Managing Director, Head of Global Equity Product, Global Head of Asian Equities and a director of Asian Equity Sales for 12 years. She also has experience at various London-based Asian equity sales firms, gaining early experience at Montagu Loebl Stanley and Partners, Wi Carr Securities and County Natwest Securities between 1983 and 1991.

Ms. Aitken is currently a partner in a private consultancy business advising asset managers. She was also previously on the board of HSBC Bank Japan, Aquarius Fund, an Asian fixed income fund, Australian Securities Exchange listed Emerging Markets Masters Fund and  the Asian Masters Fund Limited, Erudine Holdings Ltd, a financial software consultancy firm and the Shepherds Bush Housing Group.

Ms. Aitken does not own any shares in the Company.

Sir Richard Stagg is a former member of the British Diplomatic Service. His last two roles were Ambassador to Afghanistan between 2012 and 2015 and High Commissioner to India between 2007 and 2011. His previous positions included Chief Operating Officer, Private Secretary to the Foreign Secretary and Ambassador to Bulgaria. Such roles involved top level policy-making, negotiation and supporting British business. He also chaired the Board of FCO Services between 2007 and 2017 (a government-owned company delivering security services to the UK and foreign governments).  

He is currently Chairman of Rothschild India, chairman of Afghan Connection (a charity which supports education and cricket), a Trustee of the Turquoise Mountain Foundation (which works in Afghanistan and Burma) and a Trustee of SOAS (the School of Oriental and African Studies). He is also on the Advisory Board of the UK/India Business Council.

Sir Richard does not own any shares in the Company.

No further information is to be disclosed in respect of paragraphs 9.6.13(2) - (6) of the UKLA Listing Rules for Ms. Aitken or Sir Richard.

26th July 2018

For further information, please contact:

Alison Vincent

JPMorgan Funds Limited - Company Secretary

Telephone [phone]

 

END

 

 

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