abrdn Equity Income - Directorate Change
01/08/2023 07:00
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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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