REG - Dunedin Inc.Growth - Board Changes

Dunedin Income Growth Investment TrustAnnouncement

31/01/2025 10:45

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RNS Number : 4807V  Dunedin Income Growth Inv Tst PLC  31 January 2025

Dunedin Income Growth Investment Trust PLC

Legal Entity Identifier (LEI):  549300PPXLZPR5JTL763

 

 

 

31 January 2025

 

 

Board Changes

The Board of Dunedin Income Growth Investment Trust PLC (the "Company") is
pleased to announce the appointment of Arun Kumar Sarwal as an independent
non-executive Director of the Company with effect from 1 February 2025.

 

Arun Kumar Sarwal is a Chartered Accountant and has broad experience of global
equities and fund management over some 35 years in the UK, Europe, and Asia.
He is a Board Advisor to Tumelo and a director and Chairman of the Audit
Committee of JPMorgan European Discovery Trust plc. His previous roles include
CEO of Broadridge Fund Communication Solutions, Senior Vice President of
SS&C Technologies, COO and CFO at Scottish Widows Investment Partnership
and global roles at ABN AMRO and Societe Generale Investment Bank.

 

Arun will stand for election at the Annual General Meeting to be held in May
2025. There are no other disclosures required under Section 6.4.8 of the FCA's
Listing Rules in relation to this appointment.

 

As previously stated, Jasper Judd and David Barron, who both joined the Board
in February 2016 will retire as Directors at the conclusion of the Company's
Annual General Meeting in May. It is the Board's intention that Arun Kumar
Sarwal will be appointed as Chairman of the Audit Committee in place of Jasper
Judd at that time. As previously stated, Howard Williams, who has been a
Director since April 2018, will succeed David Barron as Chair of the Company
following the AGM.

 

It is the Board's intention to recruit a further Director in 2025 to bring the
number of Directors back to five.

 

 

 

For further information, please contact:

 

G Hay Smith

abrdn Holdings Limited

Company Secretary

0131 372 9370

 

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