Last checked at 2 Mar 2017 16:18
BLACKROCK LATIN AMERICAN INVESTMENT TRUST PLC - Directorate ChangeBLACKROCK LATIN AMERICAN INVESTMENT TRUST PLC - Directorate Change
PR Newswire
London, March 2
BlackRock Latin American Investment Trust plc
Changes in Directorate
LEI: UK9OG5Q0CYUDFGRX4151
Notification under Listing Rules 9.6.11 and 9.6.13
The Board of BlackRock Latin American Investment Trust plc (“the Company”) announces that both Peter Burnell and Micky St Aldwyn have retired from the Board today, 2 March 2017. Peter had been on the Board since the launch of the Company in 1990 and had served as Chairman since 1997. In that time he has successfully steered the Company through a number of volatile periods and we would like to thank him on behalf of the Board and the Company’s shareholders for his wise counsel and guidance.
Micky had served on the Board since 1996 and his extensive knowledge of the region has been enormously valuable to us over many years and again we would like to thank him on behalf of the Board and the Company’s shareholders for his contribution over the last 20 years.
The Board is pleased to announce the appointment of Nigel Webber as a non-executive Director of the Company with effect from 1 April 2017. Mr Webber will also serve as a member of the Company’s Audit and Nominations & Management Engagement Committees.
Mr Webber’s broad investment experience has seen him lead the design of investment solutions for affluent and high-net-worth individuals across global markets and multiple asset classes. Most recently, he was Global Chief Investment Officer for HSBC Private Banking where he held global responsibility for all investment activity for Group Private Banking. During his time at HSBC, Mr Webber was also Chairman of the Global Investment Committee for Group Private Bank and Chairman for HSBC Alternative Investments Limited. Prior to this, he held a number of blue-chip executive positions around the world for investment and asset management businesses. He is also a qualified accountant.
Mr Webber has not held any directorships of publicly quoted companies in the last five years:
Mr Webber does not have any interest in the ordinary shares of the Company at the present time.There are no further details or disclosures required under Listing Rule 9.6.13R in respect of Mr Webber.
A B PowleyFor and on behalf of BlackRock Investment Management (UK) LimitedCompany SecretaryDate: 2 March 2017