Directorate Change

RNS Number : 2908U

North American Income Trust (The)

11 July 2018

 

The North American Income Trust PLC ("the Company")

Legal Entity Identifier (LEI):  5493007GCUW7G2BKY360

Director changes

The Board of The North American Income Trust plc is pleased to announce the appointments of Karyn Lamont and Susannah Nicklin as independent non-executive directors of the Company with effect from 18 September 2018. 

Guy Crawford and Archie Hunter will retire from the Board on 18 September.  Karyn Lamont will assume the role of Audit Committee chairman and Dame Susan Rice will become Senior Independent Director from that date. 

Karyn is a chartered accountant and worked for over 25 years at PwC, including 13 years as an Audit Partner, specialising in the financial services sector across the UK. She has provided audit and other services to a range of clients including a number of investment trusts, a broad range of management companies and outsourced service providers.  Her specialist knowledge includes financial reporting, audit and controls, risk management, regulatory compliance and governance. She is the Audit Committee Chairman of The Scottish Investment Trust plc and a non executive director at the Scottish Building Society.

Susannah is a financial services professional with over 20 years of experience in executive roles at Goldman Sachs and Alliance Bernstein in the US, Australia and the UK. She has also worked in the social impact private equity sector with Bridges Ventures, the Global Impact Investing Network and Impact Ventures UK. She is the Senior Independent Director of Pantheon International plc and a non-executive director of Amati AIM VCT plc, City of London Investment Group plc and Baronsmead Venture Trust plc. She is a CFA® charterholder.

There are no disclosures required under Section 9.6.13 (2) to (6) of the Financial Conduct Authority Listing Rules.

11 July 2018

For further information, please contact:

Valerie MacKenzie

Aberdeen Asset Management PLC

0131 528 4000

 

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