Directorate Change

European Assets Trust PLC

19 May 2023

 

19 May 2023

EUROPEAN ASSETS TRUST PLC

LEI: 213800N61H8P3Z4I8726

Directorate Changes

European Assets Trust PLC ("the Company") announces that as part of an orderly succession plan, Kevin Troup has today been appointed to the Board and its committees.

Kevin Troup is a qualified Chartered Accountant.  He has worked in the fund management industry since 1995 with senior investment roles at Scottish Life, Martin Currie and Standard Life Investments. He is now a non-executive director at Baring Fund Managers Limited, TPI Fund Managers Limited and at Baillie Gifford Shin Nippon PLC. His other appointments include Chair of the Risk, Audit and Compliance Committee at the BT Pension Scheme Management Limited and a charity Trustee at The Robertson Trust.

As announced previously, the Company's Chairman, Jack Perry, will retire from the Board at the conclusion of the Company's 2024 Annual General Meeting.  Upon his retirement Stuart Paterson, the Chair of the Audit and Risk Committee, who was appointed to the Board in July 2019, will become Chairman.

Following Jack Perry's retirement and Stuart Paterson's assumption of the Chairmanship, Kevin Troup will be appointed Chair of the Company's Audit and Risk Committee.

Name of contact and telephone number for enquiries:

Scott McEllen

For and on behalf of Columbia Threadneedle Investment Business Limited, Secretary

Telephone: [phone]

 

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