Fidelity China Special Situations PLC

Nicholas Bull FCA ^2,3

Mr Bull is the Senior Independent Director of Coats Group plc and Deputy Chairman of Conran Holdings Limited. He is a Trustee of the Design Museum, Camborne School of Mines Trust, the Creative Education Trust and the Conran Foundation. He is a member of the Advisory Panel of the charity INTO University. He was a Member of Council of the University of Exeter from 2009 until 2018 and a Director, then Chairman, of hotels group De Vere from 2010 until the completion of its asset disposal programme in 2015. He was also Chairman of the Advisory Board of City stockbroker, Westhouse Securities. Previously Mr Bull worked for 30 years as a corporate finance practitioner with Morgan Grenfell (subsequently Deutsche Bank), Société Générale and ABN AMRO in London, Sydney, Singapore and Hong Kong. He is a qualified Chartered Accountant.

Appointed 4 February 2010
Appointed as Chairman 22 July 2016

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

² Member of the Management Engagement Committee
³ Member of the Nomination and Remuneration Committee

Elisabeth Scott ^{1, 2, 3} 

Elisabeth is a non-executive Director of Pacific Horizon Investment Trust PLC, Dunedin Income Growth Investment Trust PLC and Allianz Technology Trust PLC. Ms Scott worked in the asset management industry in Hong Kong from 1992 to 2008, where she was Managing Director and country Head of Schroder Investment Management (Hong Kong) Limited and Chairman of the Hong Kong Investment Funds Association.

Appointed as Senior Independent Director on 22 July 2016 and Chair of the Nomination and Remuneration Committee
Appointed 1 November 2011

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

¹ Member of the Audit & Risk Committee
² Member of the Management Engagement Committee
³ Chair of the Nomination and Remuneration Committee

Vanessa Donegan ^1,2,3 

Mrs Donegan is a non-executive Director of Herald Investment Management Ltd., JP Morgan Indian Investment Trust plc, Invesco Asia Trust plc (where she is also the Senior Independent Director) and State Street Global Advisors Luxembourg SICAV. She has 37 years of Asian fund management experience, including managing dedicated China portfolios. She was Head of the Asia Pacific desk at Columbia Threadneedle Investments Ltd. (formerly Threadneedle Investments Ltd.) for twenty-one years and has extensive experience of marketing funds to retail and institutional clients across the globe.
 
Appointed as a Director on 1 September 2020

Appointed as Senior Independent Director on 31 December 2022
 
All the Directors are non-executive directors and all are independent.
 
¹ Member of the Audit & Risk Committee
² Member of the Management Engagement Committee
³ Chair of the Nomination and Remuneration Committee

Mike Balfour ^2,3

Mr Balfour is a non-executive Director of abrdn Investment Property Income Trust plc and Schroder BSC Social Impact Trust plc. He is Chairman of the Investment Committee of TPT Retirement Solutions and sits on its Management Oversight Board and is also a Director of TPT Investment Management Limited. He is a member of the Investment Advisory Board of The Institute of Chartered Accountants of Scotland. He was chief executive of Thomas Miller Investment Ltd until 2016 and was previously chief executive at Glasgow Investment Managers and chief investment officer at Edinburgh Fund Managers Limited. His early investment management career was focused on the nascent equity markets of Asia. He is a qualified Chartered Accountant.

Appointed on 1 October 2018

Appointed as Chairman of the Audit Committee on 24 July 2019

Stood down as Chairman of the Audit Committee and appointed as Chairman on 20 July 2022

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

² Chair of the Management Engagement Committee
³ Member of the Nomination and Remuneration Committee

Dr. Edward Tse^1,2,3

Dr Tse is a non-executive Director of China Travel International Investment Limited (Hong Kong) and a Board Member of Gridiron Capital LLC (USA). He is an Advisor of CDIB Capital International, Cyberport Hong Kong and Our Hong Kong Foundation. He is a Council Member of World Economic Forum, a Governor of Hong Kong Institution for International Finance and a Professor at The Chinese University of Hong Kong. He is founder and CEO of Gao Feng Advisory Company and became one of the pioneers in China’s management consulting industry by building and running two leading international management consulting firms (BCG and Booz) for 20 years. He has also advised Chinese government organisations on strategies, state-owned enterprise reform and Chinese companies going overseas, as well as to the World Bank and the Asian Development Bank.

Appointed as a Director on 24 November 2022.

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

¹ Member of the Audit & Risk Committee
² Member of the Management Engagement Committee
³ Member of the Nomination and Remuneration Committee

Alastair Bruce ^{1, 2, 3}

Mr Bruce is a non-executive Director and Chairman of the Audit Committee of ICG Enterprise Trust PLC. He was Managing Partner of Pantheon Ventures between 2006 and 2013, having joined the firm in 1996. At Pantheon Ventures, he was involved in all aspects of the firm’s business, particularly the management of Pantheon International PLC, the expansion of Pantheon Ventures global platform and the creation of a co-investment business. He has over twenty-five years of private equity, investment management and financial experience. He is a qualified Chartered Accountant.

Appointed 1 July 2021

Appointed Chairman of the Audit Committee on 20 July 2022

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

¹ Chair of the Audit & Risk Committee
² Member of the Management Engagement Committee
³ Member of the Nomination and Remuneration Committee

Georgina (Twink) Field ^1,2,3 

Ms Field is the founder and CEO of White Marble Consulting, a business that specialises in investment marketing. She was previously a non-executive Director of the Perpetual Income Growth Investment Trust plc, overseeing its merger into the Murray Income Trust plc. She has over twenty years’ experience in the investment industry, including two senior roles leading marketing teams at asset management companies.
 
Appointed as a Director on 1 July 2022.
 
All the Directors are non-executive directors and all are independent.
 
¹ Member of the Audit & Risk Committee
² Member of the Management Engagement Committee
³ Member of the Nomination and Remuneration Committee

Gordon Orr^1,2,3

Mr Orr is an independent non-executive Director at Hong Kong listed Lenovo Group Limited, Meituan and Swire Pacific Limited, and a non-executive Director of Sondrel PLC. He is a Board Member at EQT AB, a Swedish private equity business, and is Vice Chairman of the China Britain Business Council. He founded McKinsey’s consulting practice in mainland China in the early 1990s and led it in China and Asia until 2015, since when has served on several corporate boards.

Appointed as a Director on 1 January 2023

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

¹ Member of the Audit & Risk Committee
² Member of the Management Engagement Committee
³ Member of the Nomination and Remuneration Committee

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