The board of directors of The Monks Investment Trust PLC announced the appointment of Belinda Richards as a non-executive director of the company with effect from September 28, 2016. Ms. Richards is a former senior Partner at Deloitte LLP. She is a member of the FRC's Advisory Group of Audit Committee chairman and a member of the Governing Council of the Centre for the Study of Financial Information. In addition, she is a currently the chair of the audit committee of Wm Morrison Supermarkets PLC, the senior independent director of Grainger plc and a non-executive director of Aviva Life & Pensions UK Limited. She was previously a director of Friends Life Holdings plc and Balfour Beatty plc. The appointment of Ms. Belinda Richards is subject to ratification by shareholders at the Annual general meeting of the company to be held in 2017.