Last checked at 22 Apr 2021 07:00
Fidelity Asian Values Plc - Directorate ChangeFidelity Asian Values Plc - Directorate Change
PR Newswire
London, April 21
Fidelity Asian Values PLC
22 April 2021
Directorate Change
On 1 March 2021, the Board of Invesco Enhanced Income Limited (“IPE”) announced that it had signed Heads of Terms with City Merchants High Yield Trust Limited (“CMHY”) in respect of a proposed merger. IPE is chaired by Kate Bolsover, Chairman of Fidelity Asian Values PLC (“FAS”) and CMHY is chaired by Timothy Scholefield, Senior Independent Director of FAS.
Kate Bolsover will join the board of the combined entity and Tim Scholefield has relinquished his position as Senior Independent Director of FAS, with immediate effect. He will remain as a Director of FAS, although he will not stand for re-election to the Board at the AGM.
The Board is pleased to announce that Clare Brady, who was appointed to the Board on 1 August 2019, has been appointed as Senior Independent Director, with immediate effect.
The Board is also pleased to announce that Michael Warren, who was appointed to the Board on 29 September 2014 will succeed Tim Scholefield as Chairman of the Management Engagement Committee.
Anna-Marie Davis
For and on behalf of FIL Investments International
Company Secretary
Tel: 01737 837758