BMO Managed Portfolio Trust plc announced that as indicated in the 2018 Annual Report, Richard Martin, who has been a non-executive Director and Chairman of the Company since its launch in 2008, will retire from the Board on 31 December 2018. Following Richard's retirement, Colin McGill, a non-executive Director of the Company will succeed him as Chairman. Colin is currently the Chairman of the Audit Committee and following his appointment as Chairman, he will be succeeded by Alistair Stewart in this position. As part of its succession planning, the Board is announced the appointment of David Warnock as a non-executive Director of the Company with effect from 1 January 2019.