Cathy Pitt and Stephanie Coxon elected to AIC board

Francesca Ecsery and Gay Collins re-elected.

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The membership of the Association of Investment Companies (AIC) has elected Cathy Pitt and Stephanie Coxon to the board of the AIC. Their appointments took effect following the AIC’s annual general meeting today.

In addition, Francesca Ecsery and Gay Collins have been re-elected to the AIC board. Gordon Humphries has been elected as Deputy Chair of the AIC with immediate effect.

Peter Niven (former Deputy Chair of the AIC) and Simon Crinage have retired from the board.

Elisabeth Scott, Chair of the Association of Investment Companies (AIC), said: “I would like to warmly welcome Cathy Pitt and Stephanie Coxon to the AIC board. Cathy’s legal knowledge and Stephanie’s accounting experience across different asset classes will be invaluable. They both bring a real depth of insight into our industry and I am sure they will make great contributions to the board.

“As Simon Crinage and Peter Niven retire from the board, I would like to thank them both for the work they have done for the AIC.”

Cathy Pitt, Non-Executive Director of the Association of Investment Companies (AIC), said: “With over 25 years working within the investment company industry, as the legal partner of an international law firm and latterly as an investment company director, I have spent my entire career championing investment companies. I believe this industry offers investors a unique investment solution. As a member of the AIC’s board, I will continue to advocate for the industry and ensure investment companies remain competitive and relevant to all investors.”

“With over 25 years working within the investment company industry, as the legal partner of an international law firm and latterly as an investment company director, I have spent my entire career championing investment companies. I believe this industry offers investors a unique investment solution. As a member of the AIC’s board, I will continue to advocate for the industry and ensure investment companies remain competitive and relevant to all investors.”

Cathy Pitt, Non-Executive Director of the Association of Investment Companies (AIC)

Cathy Pitt

“Having spent over ten years as a senior adviser to investment companies in the UK and Channel Islands and as an investment company director, I believe investment companies’ ability to evolve has been key to their continued success. The AIC has made great progress in promoting the industry to retail investors, advisers and wealth managers and I look forward to being instrumental in the next steps.”

Stephanie Coxon, Non-Executive Director of the Association of Investment Companies (AIC)

stephanie coxon

Cathy Pitt is consultant partner at CMS, an international law firm, and is a non-executive director of Gresham House Energy Storage Fund. She is also a non-executive director of Baillie Gifford UK Growth Trust. Cathy sits on the AIC’s ESG Forum and sits on the Company Law Committee of the Law Society of England & Wales.

Stephanie Coxon is a non-executive director of three investment companies: Apax Global Alpha, International Public Partnerships and JLEN Environmental Assets Group. She sits on the Guernsey Investment & Funds Association marketing committee, which she previously chaired. Stephanie was PwC’s capital markets investment trust leader where she led teams across the UK, Jersey and Guernsey.
 

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Notes to editors

  1. The Association of Investment Companies (AIC) represents a broad range of closed-ended investment companies, incorporating investment trusts and other closed-ended investment companies and VCTs. The AIC’s members believe that the industry is best served if it is united and speaks with one voice. The AIC’s vision is for closed-ended investment companies to be considered by every investor. The AIC has 349 members and the industry has total assets of approximately £263 billion.
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