Business
Board Change
Board Change.
About this update from City Of London Investment Group Plc
[{"type":"text","content":"\n \nRNS Number : 2679W City of London Investment Group PLC 16 April 2019 \n\nCity of London Investment Group PLC\n16 April 2019\n \nCITY OF LONDON INVESTMENT GROUP PLC\n(\"City of London\", \"the Group\" or \"the Company\")\n \nBOARD CHANGES\n \nCity of London Investment Group is pleased to announce that Peter E Roth will be joining the Board as a Non-Executive Director as of 1 June 2019. Peter serves as Managing Partner of Rothpoint Group llc., a New York based consulting firm focusing on the financial services industry. He also serves as a trustee of the Guggenheim Credit Income Fund. \nUpon joining Peter will become a member of the Audit, Nominations and Remuneration Committees. \nThere is no further information required to be disclosed pursuant to paragraph 9.6.13R of the Listing Rules. \nThe Group also announces that Mark Driver, a Non-Executive Director and Chair of the Audit Committee, will be resigning from the Board as of 30 June 2019. Peter E Roth will take over as Chair of the Audit Committee. \nBarry Aling, Chairman of City of London Investment Group, said: \"We are delighted to welcome Peter to the Board. He brings a wealth of experience following an extensive international career working with financial institutions. Peter's appointment follows a request from Mark Driver to resign from the Board with effect from 30 June 2019 due to increasing business commitments elsewhere. On behalf of the Board, we would like to thank Mark for his invaluable contribution to Board deliberations over the last three years and we wish him well in his new endeavours.\" \n-ends- \nFor further information, please contact:\n \nTom Griffith, CEO\nCity of London Investment Group PLC\nTel: 001-610-380-0435\n \nMartin Green\nZeus Capital Limited\nFinancial Adviser & Broker\nTel: +44 (0)20 3829 5000\n\nThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com. END BOAUVUWRKKASAAR\n ","length":3735,"tagName":"div"}]