Athelney Trust appoints Helen Sachdev to its Board as Non-Executive Director alongside Frank Ashton stepping to Executive Chairman

– UK, Penryn – Athelney Trust plc (LON:ATY) today announced the appointment of Helen Sachdev as a Non-Executive Director of the Company, effective immediately. In addition, the Company announces that Frank Ashton, currently a Non-Executive Director of the Company, has also been appointed Executive Chairman of the Company with immediate effect.

To the best of their knowledge, a majority of the Directors, namely Frank Ashton and Helen Sachdev, have no current or prior connection with any major shareholder of Athelney Trust plc.

Frank Ashton, Chairman of Athelney Trust plc, said: “I am delighted to welcome Helen Sachdev to the Athelney Trust Board, joining David Lawman and myself. We now have a strong Board that I believe has the necessary experience and expertise to stabilise Athelney and move it forward to the next stage of its growth. I look forward to introducing each director to shareholders, and talking more about our plans for the Company’s future, at the next scheduled meeting which is the Annual General Meeting on 3rd April 2019.”

About Helen Sachdev

Helen Sachdev is currently Non-Executive Director and Audit Chair of Loughborough Building Society, and was Non-Executive Director of Communisis plc, the leading provider of personalised customer communication services, until its acquisition in December 2018. Helen is also currently a Director with the coaching consultancy, WOMBA.

Helen is a Fellow of the Chartered Institute of Management Accountants and has a BA (Hons) in Retail Marketing from Manchester Metropolitan University. Helen brings a wealth of experience as a non-executive director, underpinned by extensive blue chip executive experience having worked in senior positions at Barclays plc, Tesco and Sainsbury’s, and she has a proven track record of operational expertise, corporate development and strategy implementation.

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