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Directorate Change
RNS Number : 4400Q
North American Income Trust (The)
29 June 2022
 

THE NORTH AMERICAN INCOME TRUST PLC

Legal Entity Identifier (LEI): 5493007GCUW7G2BKY360

 

29 June 2022

 

Director changes

 

 

Further to the Company's update on its search for a new Director in the Annual Report and Accounts for the year ended 31 January 2022, the Board is pleased to announce the appointment of Patrick Edwardson as an independent non-executive Director of the Company with effect from 1 July 2022.  The appointment of Patrick as an additional director is part of the Company's succession plan. 

 

Patrick Edwardson joined Baillie Gifford in 1993 and became a partner in 2005. In a wide-ranging investment career, he managed bond, equity and multi-asset portfolios, was manager of the Scottish American Investment Company plc between 2004 and 2014 and led Baillie Gifford's multi-asset team until his retirement in 2020. He is currently a non-executive director on the boards of JPMorgan Multi Asset Growth and Income plc and Edinburgh Investment Trust plc. Patrick is also managing director of Atheian Ltd, a family investment office.

 

The Chairman has commented as follows on the appointment:

"We are delighted to welcome Patrick to the Board. He brings a wealth of knowledge and experience in relation to investment management and we look forward to working with him."

 

Patrick will stand for election as a Director at the Annual General Meeting to be held in June 2023.

 

There are no other disclosures required under Section 9.6.13 of the Financial Conduct Authority Listing Rules.

 

 

For further information, please contact:

Holly Kidd

Aberdeen Asset Management PLC

 

+44 7892 783599

 

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