Directorate Change

RNS Number : 4400Q

North American Income Trust (The)

29 June 2022

 

THE NORTH AMERICAN INCOME TRUST PLC

Legal Entity Identifier (LEI): 5493007GCUW7G2BKY360

29 June 2022

Director changes

Further to the Company's update on its search for a new Director in the Annual Report and Accounts for the year ended 31 January 2022, the Board is pleased to announce the appointment of Patrick Edwardson as an independent non-executive Director of the Company with effect from 1 July 2022.   The appointment of Patrick as an additional director is part of the Company's succession plan .  

Patrick Edwardson joined Baillie Gifford in 1993 and became a partner in 2005. In a wide-ranging investment career, he managed bond, equity and multi-asset portfolios, was manager of the Scottish American Investment Company plc between 2004 and 2014 and led Baillie Gifford's multi-asset team until his retirement in 2020. He is currently a non-executive director on the boards of JPMorgan Multi Asset Growth and Income plc and Edinburgh Investment Trust plc. Patrick is also managing director of Atheian Ltd, a family investment office.

The Chairman has commented as follows on the appointment:

"We are delighted to welcome Patrick to the Board. He brings a wealth of knowledge and experience in relation to investment management and we look forward to working with him."

Patrick will stand for election as a Director at the Annual General Meeting to be held in June 2023.

There are no other disclosures required under Section 9.6.13 of the Financial Conduct Authority Listing Rules.

F or further information, please contact:

Holly Kidd

Aberdeen Asset Management PLC

[phone]

 

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