The Board of JPMorgan Russian Securities plc announced the appointment of Dan Burgess as an independent Non-executive Director of the Company with effect from 4th January 2022. The appointment was made after a thorough selection process undertaken with the assistance of a third party independent search consultancy. Dan Burgess is a former Chartered Accountant and was a partner at KPMG. He is currently Non-executive Director of TR European Growth Trust plc.
In line with the Company's Board Succession plan, Gill Nott will not be standing for re-election at the Company's Annual General Meeting on 4thMarch 2022 and Eric Sanderson will replace Gill Nott as the Company's Chairman of the Board of Directors immediately following the AGM. Also, at the same time, Dan Burgess will take over the role of Audit Committee Chairman from Eric Sanderson.