– JERSEY, St. Helier – Middlefield Canadian Income PCC (LON: MCT), a listed investment company that invests in a broadly diversified portfolio comprised primarily of Canadian and US equity income securities with the objective of providing shareholders with high dividends as well as capital growth over the longer term, today announced the appointment of Michael Phair as a non-executive director of the Company with effect from 13 June 2019.
Nicholas Villiers, Chairman of the Company and Dean Orrico, President of Middlefield International Limited, said: “We are delighted to welcome Michael Phair to the Company. We have no doubt that his extensive experience and sector knowledge within the Investment Company arena will be of considerable support to the Fund as we continue to focus on providing capital growth and a stable income to our Shareholders. We look forward to Michael’s future contribution to the Fund and updating Shareholders on the progress that we are achieving.”
This appointment is in line with the Company’s commitment to consider the merits of refreshing its composition, as well as planning for future succession.
About Michael Phair
Mr Phair is a former banker and investment banker with over 30 years’ experience and is currently Founder and CEO of and a principal investor in REG Ltd which is the leading counter-party risk management software solution provider in the UK insurance market. He is also the Chair of CFAB a UK based charity which is part of the International Social Services Network, operating in over 130 countries worldwide.
He is also a non-executive director of International Golf and Resort Management UK and was formerly a managing member of Boston Capital Management LLC, Washington, DC and Havana Holdings Ltd, Guernsey.
For more information: http://www.middlefield.co.uk/mcit.htm
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