JPMorgan Asian Investment Trust plc
Appointment of New Director
The Board of JPMorgan Asian Investment Trust plc is pleased to announce the appointment of James Strachan as an independent non-executive Director of the Company, with immediate effect.
Mr Strachan is currently a non-executive Director of Legal and General plc, Welsh Water Limited, Care UK plc, Sarasin and Partners LLP and Social Finance Limited. He is also a Visiting Fellow at the LSE (risk and regulation) and a Vice President of RNID. Until 2006, he was Chairman of the Audit Commission, the public services regulator and watchdog and he served as a Director of the Bank of England until May 2009.
After reading Economics and English at Cambridge, he worked in the City both as a commercial and investment banker. Initially with Chase Manhattan, he then spent 13 years at Merrill Lynch, latterly as a Managing Director in London and a Board member of Merrill Lynch International.
Since 1994 he has also worked in the public and voluntary sectors. He has been a Board member of Ofgem, the energy regulator; the DTI's Business and Energy Boards, the National Lottery's Community Fund; the Disability Rights Commission; Somerset House Trust and Save the Children. He has also been both Chief Executive and Chairman of RNID and a Leadership Patron of the National College of School Leadership. Having been a professional photographer and journalist, he is now an Honorary Fellow of the University of the Arts, London.
There is no further information to be disclosed under Listing Rule 9.6.13 R (2) to (6).
10th August 2009
For further information:
Alison Vincent
JPMorgan Asset Management (UK) Limited ......................... 020 7742 6000