4 Oct 2021 16:58
JPMORGAN RUSSIAN SECURITIES PLC
(the 'Company')
Board Succession
Legal Entity Identifier: 549300C0UCY8X2QXW762
Information disclosed in accordance with Listing Rule 9.6.11
The Board of JPMorgan Russian Securities plc (the "Company") announces that in accordance with its Board Succession Plan, Gill Nott will be retiring as Chairman of the Board and Director at the Company's Annual General Meeting (AGM), scheduled to be held on 4th March 2022.
The Board have agreed that Eric Sanderson, who is currently the Chairman of the Audit Committee, will take over as Chairman of the Board upon Gill Nott's retirement. Eric joined the Board in January 2021 and is a highly experienced Chair of investment trusts.
Commenting on the planned succession, Gill Nott said:
'I am delighted that following the end of my tenure as a Director of the Company since 2011 and its Chairman since 2015, the Board have unanimously agreed that Eric Sanderson will take over from me as Chairman of the Board immediately following the 2022 AGM. I am confident that his background in financial services and extensive Board experience will be of great value to JPMorgan Russian Securities plc'
Eric Sanderson, the Chairman-elect commented:
'I would like to thank the Board for appointing me as Chairman on the retirement of Gill Nott. I have greatly enjoyed working with the Board since I joined as a director at the beginning of this year and look forward to continuing to do so and to continuing Gill's effective leadership of the Board'.
JPMorgan Funds Limited
Company Secretary
4th October 2021
For further information, please contact:
Paul Winship
JPMorgan Funds Limited
020 7742 4000