Kate Bolsover ^1,2 serves as a Director of TR Property Investment Trust PLC, Baillie Gifford & Company Limited  and is Chairman of Invesco Enhanced Investment Trust. 

She worked for Cazenove Group plc and J.P. Morgan Cazenove between 1995 and 2005 where she was managing director of the mutual fund business, and latterly director of Corporate Communications. Prior to this, her work involved business development and mutual funds experience covering countries in the Far East.  

Appointed as Director on 1 January 2010.
Appointed Chairman on 9 December 2014.

All the Directors are non-executive directors and are all independent.

¹ Member of the Nomination Committee
² Member of the Audit Committee.

Grahame Stott ^1,2,3 is a non-executive Director and Chairman of the Remuneration Committee of China Motor Bus Company Limited.  He is a Fellow of the Institute and Faculty of Actuaries and an Affiliate of the ACCA. He spent 20 years at Watson Wyatt in Hong Kong, during which time he became the regional director for 12 countries across Asia Pacific. He also served as the head of Watson Wyatt’s Global Investment Consulting Business. His background is working with fast growing listed companies. 

Appointed as Director and Chairman of the Audit Committee on 24 September 2013.

All the Directors are non-executive directors and are also independent.

¹ Members of the Management Engagement Committee
² Members of the Nomination Committee
³ Members of the Audit Committee

Philip Smiley ^1,2,3 is  Chairman of the PXP Vietnam Fund Limited and Chairman of the Advisory Board of the Emerging Beachfront Land Investment Fund G.P. Limited. He has over thirty years’ experience of working in the Asia Pacific region, including several years with the Hong Kong Government (Civil Service Branch and then Economic Services Branch) followed by five years with the W.I. Carr Group, latterly as Managing Director of W.I. Carr (Far East) Limited in Hong Kong and group director of finance in London. 

Between 1991 and 2001 he served as managing director and country head of Jardine Fleming in Korea, where he was also elected Chairman of the British Chamber of Commerce, and then in Singapore, where he was appointed to the Stock Exchange Review Committee. From 2001 to 2005 he was group country chairman of Jardine Matheson in Thailand and Indochina.

Appointed as Director on 1 January 2010.

All the Directors are non-executive directors and are also independent.

¹ Members of the Management Engagement Committee
² Members of the Nomination Committee
³ Members of the Audit Committee.

Michael Warren ^{1, 2, 3} is a non-executive director of Carrington Investments and a non-executive Board member of Rathbone Unit Trust Management Limited. He worked for Thames River Capital from 2007 until 2012 as Investment Director. Prior to that he worked at HSBC Investments, where he was responsible for Institutional and Retail distribution, and before that Deutsche Asset Management, where he was a main board member. Latterly, he has served as managing director of the UK mutual fund business, DWS.

Appointed as Director on 29 September 2014.

All the Directors are non-executive directors and are also independent.

¹ Members of the Management Engagement Committee
² Members of the Nomination Committee
³ Members of the Audit Committee.

Tim Scholefield ^{1, 2, 3} is a non-executive Director of BMO Capital and Income Investment Trust PLC, Jupiter Unit Trust Manager Ltd and Standard Life UK Smaller Companies PLC.  He is Chairman of City Merchants High Yield Trust Ltd and a member of the Investment Management Certificate Panel. He has had over thirty years’ experience in investment management, latterly as Head of Equities at Baring Asset Management until April 2014.

Appointed as Director on 30 September 2015.

All the Directors are non-executive directors and are also independent.

¹ Members of the Management Engagement Committee
² Members of the Nomination Committee
³ Members of the Audit Committee.

Clare Brady ^{1, 2, 3}  is a governance professional with 30 years’ experience in banking and financial services. In the private sector, she headed audit and oversight functions at Barclays Capital, HSBC and Republic National Bank of New York. She was a Managing Director at Deutsche Bank in London and Singapore. In the public sector, she was the Head of Audit at the Bank of England representing the UK on the European Systems of Central Banks (“ESCB”) and also at the G10 meetings of Central Banks. She was Auditor General at the World Bank and held the position of Non-Executive Director of the Institute of Internal Auditors (“IIA”) and also was a Director of the International Monetary Fund (“IMF”), both in Washington D.C.

Appointed as Director on 1 August 2019.

All the Directors are non-executive directors and are also independent.

¹ Members of the Management Engagement Committee
² Members of the Nomination Committee
³ Members of the Audit Committee.