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18 Apr 2011 12:30
Ashmore Global Opportunities Limited ("AGOL" or the "Company")
Appointment of Independent Director and Retirement of Director
18 April 2011
The Company announces the appointment of Richard Hotchkis as a non-executive independent director to the Board, with effect from 18 April 2011.
The Company also announces the retirement of John Roper from the Board of Directors, with effect from 18 April 2011. The Board thanks John for his valuable contribution to the Company during his time as a Director.
Richard is a Guernsey resident and has 34 years' investment experience. Until 2006, he was an investment manager at the Co-operative Insurance Society, where he started his career in 1976. He has a breadth of investment experience in UK and overseas equities, including emerging markets, and in particular of investment companies and other closed ended funds, offshore funds, hedge funds and private equity funds. Richard is considered to be independent by the Board.
Richard's full biography will shortly be available on the Company's website www.agol.com.
There are no disclosures to be made in respect of LR 9.6.13 (2-6). All of Richard's current directorships in publicly quoted companies and in the past five years are noted below as required by LR 9.6.13 (1).
Current directorships - Richard Hotchkis
·; FRM Credit Alpha Limited
·; Gottex Market Neutral Trust Limited
·; Advance Frontier Markets Fund Limited
·; Alternative Investment Strategies Limited
·; Advance Developing Markets Fund Limited
Past directorships - Richard Hotchkis
·; F&C Event Driven Fund Limited
·; Dexion Absolute Limited
Committee membership
The Directors welcome Richard to the Board and announce that he will also join the Audit Committee, Share Conversion Committee and Disclosure Committee from the date of his appointment.
Enquiries:
www.agol.com
Northern Trust International Fund Administration Services (Guernsey) Limited - Company Secretary
Andrew Maiden
Tel: +44 (0) 1481 74538
Email: ARM7@ntrs.com
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