The Law Debenture Corporation p.l.c. announced that Robert Hingley has been appointed as a non-executive director of the Corporation with effect from 1 October 2017. Simultaneously, Christopher Smith has confirmed that he will not seek re-election at the next AGM, planned for 11 April 2018. He will retire as Chairman and non-executive director at the conclusion of the meeting. It is intended that, subject to election by shareholders, Robert Hingley will replace Christopher Smith as Chairman of the Corporation. Robert Hingley is a corporate financier with over 30 years' experience. He is currently a partner of Ondra LLP, an independent financial advisory firm. He joined the Association of British Insurers as Director, Investment Affairs in 2012 and, following the merger of ABI's Investment Affairs with the Investment Management Association, acted as a consultant to the enlarged IMA until end 2014. He is currently Chairman of Phoenix Spree Deutschland Limited and is a non-executive director of Strutt and Parker LLP. He is also a member of The Takeover Panel and trustee/governor of several charitable organisations.