Fidelity Asian Values PLC

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.
Appointed as Senior Independent Director on 22 April 2020.
Stood down as Senior Independent Director on 22 April 2021

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.

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 Chairman of the Nomination Committee
² Attendee 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

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.
Appointed Chairman of the Management Engagement Committee on 22 April 2021.

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.
Appointed as Senior Independent Director on 22 April 2021.

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.

Sally Macdonald ^{1, 2, 3} is a Non-Executive Director of JP Morgan Japanese Investment Trust and until her appointment with the Company, was Head of Asian Equities at Marlborough Fund Managers. She has more than thirty-five years’ experience of financial markets, which includes almost thirty years as an Asian fund manager. She has previously run the Asian desks for Sanwa, Lazard Brothers Asset Management, Canada Life, Morley (Aviva) and City of London Investment Group. During her career, she has been nominated for the Citywire Fund Manager of the Year, Investment Week Fund Manager of the Year, Lipper Citywire All Stars Asia ex Japan Fund Manager of the Year and Women in Investment Fund Manager of the Year awards.

Appointed as Director on 1 January 2022.

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

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

Matthew Sutherland ^{1, 2, 3}  has thirty-two years of experience of working in financial markets, primarily as an equity analyst and head of research, of which the last twenty-four were spent living in Asia covering Asian markets. Prior to retiring from full-time employment in 2016, he worked for Fidelity International, running their substantial and highly-regarded Asian equity research team of over 70 analysts out of Hong Kong and Tokyo. As such he was responsible for hiring and training analysts in India, China, Korea, Hong Kong, Singapore, Japan and Australia and covering all the Asian stock markets. Prior to joining Fidelity, he was Country Head for HSBC Securities in Taiwan and worked for BNP Paribas in Manila.

Appointed as Director on 1 January 2022

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

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