Directorate Change

RNS Number : 0511C

JPMorgan Emerging Mkts Invest Trust

26 August 2008

 



JPMorgan Emerging Markets Investment Trust plc

Directorate Change

The Board of JPMorgan Emerging Markets Investment Trust plc is pleased to announce the appointment of Nigel Kenny and Percy Mistry as independent non-executive Directors of the Company. 

Mr Kenny is a founding partner of emerging markets private equity company Sabre Capital. He is currently an independent non-executive director of UC Rusal Ltd, the world's largest producer of aluminium and alumina products, and a non-executive director of First City Monument Bank Plc, a bank listed on the Nigerian stock exchange. He was previously an independent non-executive director of PartyGaming Plc. Between 1992 and 2002 Mr Kenny held a number of senior positions at Standard Chartered Bank, including Group Head of Operations, Corporate and Institutional Banking and Finance Director. Prior to that he spent 14 years with Chase Manhattan Bank. He is a chartered accountant.

Mr Kenny will join the Board with effect from 1st September 2008.

Mr Mistry is Chairman of The Oxford International Group which comprises companies engaged in investment banking, asset management, private equity investment and strategic financial and economic services to governments and multinational companies in emerging market countries. He is a senior advisor to Europa Partners, a corporate finance boutique. He was previously CEO of Synergy Power Corporation, a director of ICICI and non-executive chairman of D.C. Gardner. He was also an advisory member of the Forum on Debt and Development and has held several senior positions with the World Bank.   

Mr Mistry will join the Board with effect from 1st January 2009.

There is no further information to be disclosed under Listing Rule 9.6.13 R (2) to (6).

26th August 2008

For further information:

Jonathan Latter

JPMorgan Asset Management (UK) Limited ......................... 020 7742 6000

 

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