Source - LSE Regulatory
RNS Number : 6407G
JPMorgan China Growth & Income PLC
27 July 2021
 

JPMORGAN CHINA GROWTH & INCOME PLC

 

DIRECTORATE CHANGE

 

 

Legal Entity Identifier: 549300S8M91P5FYONY25

Information disclosed in accordance with the LR 9.6.13 (1) - (6)

 

 

As part of its long-term succession plan, the Board of JPMorgan China Growth & Income plc (the 'Company') is pleased to announce its intention to appoint Ms. May Siew Boi Tan as an independent non-executive Director of the Company with effect from 2nd August 2021.

 

A Hong Kong resident, Ms. Tan has over 30 years of experience in the investment industry. Ms. Tan qualified as a chartered accountant with PwC before embarking on a career as an equity and corporate finance specialist with Cazenove Asia from 1984-2009. Ms. Tan served as the CEO of Cazenove Asia (1993-2009). When Cazenove Asia became part of Standard Chartered Bank (SCB) in 2009, Ms. Tan assumed the role of head of equity corporate finance at SCB from 2009-2013. She was appointed the CEO of SCB (Hong Kong) Limited in 2014 and retired in 2017.

 

Ms. Tan will strengthen the Board's depth of understanding and oversight of developments in the Chinese economy and equity markets. 

 

No further information is to be disclosed in respect of paragraphs 9.6.13 (1) - (6) of the UKLA Listing Rules for Ms. Tan.

 

In line with the Company's Board Succession plan, Mr. Oscar Wong will be standing down as a Director with immediate effect.

Commenting on the departure of Mr. Wong, Mr. John Misselbrook, the Company's Chairman, said:

"I and the Board offer our thanks for the valuable service that Mr. Wong has provided to the Company as Director and wish him well for the future." 

Mr. David Graham will succeed Mr. Wong as Chairman of the Remuneration Committee.

 

27th July 2021

 

For further information, please contact:

Lucy Dina

JPMorgan Funds Limited - Secretary

020 7742 4000

 

 

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