BRUNNER INV TST PLC — Board/Management Information 2019

Nov 22, 2019

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RNS Number : 4308U

Brunner Investment Trust PLC

22 November 2019

22 November 2019

The Brunner Investment Trust PLC ('the company')

Board appointments and retirements

The board is please to announce the appointment of Amanda Aldridge as a non-executive director of the company with effect from 1 December 2019 and of Andrew Hutton as a non-executive director of the company with effect from 20 April 2020.  

As described in the company's latest Annual Report the board has a succession plan in place for the appointment and retirement of directors and in accordance with this plan Vivian Bazalgette is to retire from the board on 22 November 2019.

The Chairman, Carolan Dobson, commented:

"I am delighted to announce the appointment of two new directors to the Brunner board and we are very much looking forward to working with Amanda and Andrew in the years ahead.

We will greatly miss Vivian who has provided excellent counsel and guidance as a colleague and as Senior Independent Director; he has made an invaluable contribution. We wish him well for the future."

Following Vivian Bazalgette's retirement from the board, Peter Maynard is appointed as the Senior Independent Director and Jim Sharp is appointed as Chairman of the Remuneration Committee.

Amanda Aldridge   

Amanda worked at KPMG LLP for 33 years until 2017 and during her career she was Head of the Retail Sector practice before becoming Head of Contract Governance in the Risk-Consulting Division. She is a non-executive director and Audit Committee Chair of Headlam Group plc and of Impact Healthcare REIT plc and is also a non-executive director on the Regulated Board of Places for People Group. Amanda is a Fellow of the Institute of Chartered Accountants in England and Wales.

Andrew Hutton

Andrew is owner and director of A. J. Hutton Ltd, an investment advisory practice. He is a member of the Governing Body of the Lister Institute of Preventive Medicine. He was a non-executive director of Baillie Gifford UK Growth Fund plc until 1 August 2019, Chairman of JPMorgan Global Emerging Markets Income Trust plc until 27 November 2018 and a non-executive director of Asia Altitude Fund and Asia Altitude Master Fund until 30 September 2016. Previously he had held senior positions with J.P. Morgan, Coutts Group and RBS Asset Management.

Both Amanda Aldridge and Andrew Hutton will become members of the Audit Committee, Management Engagement Committee, Remuneration Committee and Nominations Committee on appointment.

There are no other details requiring disclosure in respect of either of these appointments under paragraph 9.6.13 of the Listing Rules of the FCA.

For further information please contact:

Stephanie Carbonneil

Managing Director

Head of Investment Trusts

Allianz Global Investors

020 3246 7256

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