LONDON (Alliance News) - F&C Investment Trust PLC on Thursday said it will promote Beatrice Hollond, who currently chairs Millbank Financial Services, as its own chair.
Hollond joined F&C Investment Trust in September 2017 as a non-executive director and will be made chair by the end of 2019 "after a period of transition". F&C Investment Trust invests in publicly and privately listed equities, as well as unlisted securities.
Hollond is currently chair of Millbank Financial Services and sits on the board of Brown Advisory. She is a non-executive director at Telecoms Plus PLC, Templeton Emerging Markets Investment Trust PLC, M&G Group Ltd, and Henderson Smaller Companies Investment Trust PLC.
Succeeding current chair Simon Fraser, Hollond has been appointed at the conclusion of selection process which began in 2018, the trust said.
Shares in F&C Investment Trust were down 0.3% at 696.00 pence on Thursday.
Templeton Emerging Markets (TEM)
Henderson Smaller Companies Trust (HSL)
Telecom Plus (TEP)
F&C Investment Trust (FCIT)