– UK, London – City of London Investment Group Plc (LON:CLIG) today announced that Peter E Roth will be joining the Board as a Non-Executive Director as of 1 June 2019. Peter serves as Managing Partner of Rothpoint Group llc., a New York based consulting firm focusing on the financial services industry. He also serves as a trustee of the Guggenheim Credit Income Fund.
Upon joining Peter will become a member of the Audit, Nominations and Remuneration Committees.
The Group also announces that Mark Driver, a Non-Executive Director and Chair of the Audit Committee, will be resigning from the Board as of 30 June 2019. Peter E Roth will take over as Chair of the Audit Committee.
Barry Aling, Chairman of City of London Investment Group, said: “We are delighted to welcome Peter to the Board. He brings a wealth of experience following an extensive international career working with financial institutions. Peter’s appointment follows a request from Mark Driver to resign from the Board with effect from 30 June 2019 due to increasing business commitments elsewhere. On behalf of the Board, we would like to thank Mark for his invaluable contribution to Board deliberations over the last three years and we wish him well in his new endeavours.”
For more information : https://www.citlon.com
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