Director Appointments

RNS Number : 8112V

CC Japan Income & Growth Trust PLC

16 December 2021

 

CC Japan Income & Growth Trust plc (the "Company")

Director Appointments

The Board of CC Japan Income & Growth Trust plc is pleased to announce the appointments of Craig Cleland and June Aitken as Non-Executive Directors of the Company with effect from 1 February 2022.  

June has over 30 years of experience of Asian and global equity markets as an institutional stockbroker. She has held numerous senior roles at HSBC Bank plc, London, including as Global Head of Emerging Market Equity Distribution and Head of Strategy Management. Previously, June was a Managing Director at UBS (AG), Head of Global Equity Product and Global Head of Asian Equities. June initially worked as a stockbroker specialising in Asian equity sales with WI Carr and County NatWest Securities. June holds a BA degree in PPE from Oxford University.

June has also held diverse board appointments including HSBC Bank Japan. She is currently a Non-Executive Director of both JPMorgan Asia Growth and Income plc and Greengage Global Holding. She is Chair of PEAL Capital Partners UK Limited and principal of Elemental Partners LLP, consultants.

June currently holds 40,000 Ordinary Shares in the Company.

Craig has over 35 years of investment trust and fund management experience. Since 2013, he has been Head of Corporate Development/Investment Trusts at CQS (UK) LLP, a multi-asset asset management firm in London business with a focus on credit markets.  He is also a Non-Executive Director of Invesco Perpetual Select Trust plc and BlackRock Latin American Investment Trust. Craig also served as a member of the AIC Technical Committee for 10 years and is an Associate of the Institute of Bankers in Scotland.

Previously, Craig was a Managing Director at JPMorgan Asset Management (UK) Limited as a Client Director of their investment trust business. He was also Director and Senior Company Secretary at Fleming Investment Trust Management, transferring to JPMorgan Chase after the acquisition of Robert Fleming Holdings Limited.

Craig does not currently hold any shares in the Company.

Harry Wells, Chairman, commented:

"We are delighted to welcome both June and Craig to the Board. They bring a wealth of oversight and board experience besides familiarity with Japan and investment markets. We are confident that they will both make a valuable contribution to the Company.

Mr John Scott, who has served as a Non- Executive Director since the launch of the Company in December 2015, will retire from the board at the March Annual General Meeting.

There is no information to be disclosed in respect of paragraphs 9.6.13(2) to 9.6.13(6) of the Financial Conduct Authority's Listing Rules for Ms Aitken or Mr Cleland.  

Enquiries:

Company Secretary   020 3327 9720

 

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