Directorate Change

RNS Number : 4894L

JPMorgan Japanese Inv. Trust PLC

03 October 2016

 

LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN JAPANESE INVESTMENT TRUST PLC

APPOINTMENT OF TWO DIRECTORS

The Board of JPMorgan Japanese Investment Trust plc is pleased to announce the appointment of Stephen Cohen and Dr George Olcott as non-executive Directors of the Company with effect from the close of the Company's Annual General Meeting on 20^th December 2016.

Stephen has been closely involved with equity investment in Japan since 1984, and lived there for seven years.  He set up two asset management businesses in Japan and managed Japanese equity portfolios directly for around ten years. 

In his last executive role, at Governance for Owners (2011-2013) he was directly responsible for a joint venture business in Japan which managed a Japanese equity activist fund and also provided stewardship services in Japanese equities to institutional investors.

George has extensive business and investment experience in Japan.  He has spent more than 25 years in Japan and speaks the language fluently.  He has eight years of board experience of major listed Japanese firms:

June 2008- June 2014: Nippon Sheet Glass Co., Ltd.

June 2010- June 2014: NKSJ Holdings, Inc.

June 2014 to present: Denso Corporation

June 2014 to present: Hitachi Chemical Co., Ltd.

June 2015 to present: Dai-ichi Life Insurance Co., Ltd.

Neither Stephen nor George own any shares in the Company and there is no further information is to be disclosed in respect of paragraphs 9.6.13 (2) - (6) of the UKLA Listing Rules.

3^rd October 2016

For further information, please contact:

Juliet Dearlove

JPMorgan Funds Limited - Company Secretary

Telephone [phone]

 

END

 

 

BOAUGGBAUUPQURW