ABRDN
NEW INDIA INVESTMENT TRUST PLC
LEI - 549300D2AW66WYEVKF02
Appointment of Non-Executive Director
20
November 2024
The Board of abrdn New India
Investment Trust PLC (the "Company") is pleased to announce the
appointment of Irina Miklavchich as an independent non-executive
Director of the Company with effect from 20 November 2024 following
a search conducted by an independent recruitment
consultancy.
Irina was formerly an Executive
Director in Equities Trading at UBS Investment Bank and, prior to
that, she was the Head of Emerging Markets Equities desk and Fund
Manager of the Global Emerging Markets Fund at Columbia
Threadneedle (EMEA) for over six years. Before that, she spent
eight years at Goldman Sachs, initially as an equity research
analyst with the Emerging Markets and Global Financials teams at
Goldman Sachs Asset Management and latterly as a portfolio manager
and research analyst with Goldman Sachs Principal
Strategies.
Irina possesses strong expertise in
investing in Emerging Markets incorporating fundamental company
analysis, portfolio construction and risk diversification across
sectors and geographies. Through her experience in fund management,
Irina has in-depth knowledge of Emerging Markets economies
including China, India and Brazil, as well as other countries in
Asia, Latin America and the EMEA region.
Michael Hughes, Chairman of the Company, said: "The Directors are delighted to welcome Irina
to the Board. Irina brings to the Company considerable and
relevant investment management experience, with a particular focus
on emerging market equities. The Board very much looks forward to
working with Irina."
There are no other disclosures
required to be made for Irina Miklavchich in respect of paragraphs
UKLR 6.4.8R (1) - (6) of the Financial Conduct Authority's Listing
Rules.
Irina Miklavchich, or her Persons
Closely Associated, hold no interest in the Company's
shares.
For further information, please
contact:
Stuart Reid
abrdn Holdings Limited
Secretaries
Email: cef.cosec@abrdn.com