abrdn Equity Income Trust plc Directorate Change (7896H)
01 Agosto 2023 - 1:00AM
UK Regulatory
TIDMAEI
RNS Number : 7896H
abrdn Equity Income Trust plc
01 August 2023
ABRDN EQUITY INCOME TRUST PLC
Legal Entity Identifier (LEI): 21380015XPT7BZISSQ74
1 August 2023
Appointment of Non-Executive Director
abrdn Equity Income Trust plc ("the Company") is pleased to
announce the appointment of Nick Timberlake as an independent
Non-Executive Director of the Company with immediate effect. Mr
Timberlake will also join the Company's Audit and Remuneration and
Management Engagement Committees.
Mr Timberlake has over thirty years' experience in the asset
management industry as a Portfolio Manager, he was with HSBC Global
Asset Management between 2005 and 2020, initially as Global Head of
Emerging Markets Equities and then Head of Equities. Previously he
was a Director of F&C Investment Management and has spent the
last 30 years investing in equities. He is a partner in Panorama
Property Investments LLP and is a member of the CFA Institute and
CFA Society of the UK.
Ms Patel, Chair commented:
"I am delighted to welcome Nick to the Board. We look forward to
drawing on his extensive experience in the investment industry in
general and the investment trust sector in particular to the
benefit of the Company."
Mr Timberlake is also Non-Executive Director of the India
Capital Growth Fund and CT Automotive plc and has a direct interest
in 20,000 ordinary shares in the capital of the Company. There are
no additional disclosures required to be in accordance with Listing
Rules 9.6.13R (1) - (6).
For further information please contact:-
Paul Evitt
abrdn Holdings Limited
Company Secretary
Tel: 0131 372 2200
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END
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