Directorate Change

RNS Number : 8038R

Aberdeen Standard Equity Income Tst

01 November 2019

 

ABERDEEN STANDARD EQUITY INCOME TRUST PLC

Legal Entity Identifier (LEI): 549300DN623WEGE2MY04

Appointment of Non-Executive Director

1 November 2019

The Board of Aberdeen Standard Equity Income Trust PLC (the "Company") is pleased to announce the appointment of Sarika Patel as an independent non-executive Director of the Company with immediate effect.

As previously announced, Jo Dixon will stand down from the Board, and as Chair of the Audit Committee, following the Annual General Meeting to be held on or around 23 January 2020.  It is intended that Ms Patel succeed Ms Dixon as Chair of the Audit Committee at that time.  

Ms Patel was appointed after a search conducted by an independent recruitment consultancy.

Richard Burns, Chairman of the Company, said: "The Directors are delighted to appoint Sarika to the Board.

Sarika is a business leader with nearly 30 years' experience in a mixture of public and private organisations. She is a Chartered Accountant and a Chartered Marketer.

Previously a partner at Zeus Capital, Sarika has been on a host of public and private sector boards.  She is currently Chair of Action for Children, one of the UK's leading charities for children, a Board Member of the Office for Nuclear Regulation where she chairs the Audit, Risk and Assurance Committee, and is a Commissioner and Chair of the Audit and Risk Committee at the Gambling Commission."    

Sarika Patel will stand for election as a Director at the Annual General Meeting to be held on or around 23 January 2020.

There are no disclosures required to be made for Ms Patel in respect of paragraphs 9.6.13 (1) - (6) of the Financial Conduct Authority's Listing Rules.

Ms Patel does not hold any interests in any of the Company's shares.

Aberdeen Asset Management PLC

Company Secretary

 

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