Directorate Change

RNS Number : 7824M

New India Investment Trust PLC

21 September 2012

 



NEW INDIA INVESTMENT TRUST PLC

Board appointment

21 September 2012

The Board of New India Investment Trust PLC (the "Company") is pleased to announce the appointment of Mr Hasan Askari as an independent non-executive director of the Company with effect from 21 September 2012.

Mr Askari has been an investment banker since 1975, initially with SG Warburg & Co. Ltd. (now UBS Ltd.) and subsequently, with JP Morgan Chase Investment Bank in Hong Kong and Barclays Capital in Tokyo and London. He was most recently at Old Mutual plc., London as a member of the Executive Committee responsible for the United Kingdom and Europe and later, for Asia-Pacific. He is an adviser to the Kotak Mahindra Group, one of India's leading banking groups and on the Board of Sun Life of Canada (UK) Limited. He has an M.A. (Oxon). He is Chairman of Aqua Resources Fund Limited, a closed investment fund listed on the London Stock Exchange.

No disclosures are required for Mr Askari in respect of paragraphs 9.6.13R (1) - (6) of the Financial Services Authority's Listing Rules.

Aberdeen Asset Management PLC

Secretary

 

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