Directorate change

Summary by AI BETAClose X

Merchants Trust PLC announced the appointment of Bill Maldonado as a non-executive director, effective November 1, 2026. Maldonado brings over 30 years of investment management experience, having previously served as CEO of Eastspring Investments and holding senior roles at HSBC Global Asset Management. He will join several board committees, including Audit, Nomination, Management Engagement, and Remuneration. No further disclosures are required under UK Listing Rules.

Disclaimer*

Merchants Trust PLC
26 October 2026
 

THE MERCHANTS TRUST PLC - Board Changes

LEI: 5299008VJFXCUD2EG312

 

26 October 2026

 

The Board announces the following change to the Board of the Company.

 

Board appointment

 

Bill Maldonado

The Board is pleased to announce the appointment of Bill Maldonado as a non-executive director of the Company with effect from 1 November 2026.

 

Bill has over 30 years' experience in investment management across the UK, Asia and global markets.

 

He was Chief Executive Officer of Eastspring Investments until July 2025 and previously served as its Chief Investment Officer. Prior to joining Eastspring Investments, Bill held a number of senior investment roles at HSBC Global Asset Management, including Asia Pacific Chief Investment Officer and Global Chief Investment Officer, Equities, UK Chief Investment Officer and Global Head of Alternative Investments and Trading.

 

Bill was also a member of the Prudential plc Global Executive Committee and, until May 2026, a Board member of ICICI Prudential AMC Ltd.

 

Bill will become a member of the Merchants Trust Audit Committee, Nomination Committee, Management Engagement Committee and Remuneration Committee on appointment.

 

There are no other details requiring disclosure under UKLR 6.4.8R of the UK Listing Rules.

 

Enquiries:

Nira Mistry

Company Secretary

Tel: 07554 224 339

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