Directorate change

Summary by AI BETAClose X

Schroder AsiaPacific Fund plc announced the appointment of Ian Cadby as an independent non-executive Director, effective May 13, 2026, bringing over 35 years of asset management experience, including seven years in Asia and extensive investment trust board leadership. Mr. Cadby's expertise encompasses board strategy, governance, derivative trading, and risk management, and he will serve on the Audit and Risk, Nomination, and Management Engagement Committees. He previously stepped down from the Board of Aberdeen Asian Income Fund Ltd on May 12, 2026, and remains Senior Independent Director of CQS New City High Yield Fund Ltd.

Disclaimer*

Schroder AsiaPacific Fund PLC
13 May 2026
 

13 May 2026

Schroder AsiaPacific Fund plc

Directorate Change

 

Schroder AsiaPacific Fund plc (the "Company") is pleased to announce the appointment of Ian Cadby as an independent non-executive Director of the Company, with effect from 13 May 2026. He will also be a member of the Audit and Risk, Nomination and Management Engagement Committees.

Mr Cadby has over 35 years' asset management experience, including seven years in Asia where he ran multi-asset portfolios. Formerly Chief Executive Officer and Chief Investment Officer of Liberty Ermitage Ltd, he brings deep expertise in board strategy & governance, derivative trading, and risk management. He has over 10 years' experience on investment trust boards, including as Chair and Senior Independent Director. Mr Cadby is a Fellow of the Chartered Institute for Securities & Investment and a Chartered Director of the Institute of Directors. He stepped down from the Board of Aberdeen Asian Income Fund Ltd on 12 May 2026 and remains Senior Independent Director of CQS New City High Yield Fund Ltd.

 

Nicky Richards, Chair of the Company, commented:

 

"We are pleased to appoint Ian Cadby to the Board. Ian offers a rare combination of Asia multi-asset investment experience and extensive investment trust board leadership, underpinned by strong risk and derivatives expertise. His insight will be invaluable to our committee work and to the Company's governance and oversight."

 

It is confirmed that there are no other details to be disclosed concerning Mr Cadby under UK Listing Rule 6.4.8R.

 

Enquiries:

 

Natalia de Sousa

Schroder Investment Management Limited

Tel: 0207 658 6000

 

 

 

 

 

 

 

 

 

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