REG - abrdn New India IT. - Directorate Change

Aberdeen New India Investment TrustAnnouncement

20/11/2024 14:30

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RNS Number : 0150N  abrdn New India Investment Trust  20 November 2024

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 (mailto:cef.cosec@abrdn.com)

 

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