Monks Investment Trust announces Randeep Grewal and Stacey Parrinder-Johnson to its Board as Non-Executive Directors

– UK, Edinburgh –  The Monks Investment Trust PLC (LON: MNKS) today announced the appointments of Randeep Grewal and Stacey Parrinder-Johnson as Non-Executive Directors effective from 1st March 2024.

“I am pleased that we have been able to secure two Directors with such high-quality, relevant investment industry experience to join our Board, with particular regard to adding new perspectives, and to ensure that a good succession plan is in place as Directors retire.” said Board chairman, Karl Sternberg.

About Randeep Singh Grewal

Randeep Singh Grewal has been chairman of BB Healthcare Trust plc since July 2019, having served as a non-executive director on that board since December 2016. He is also a non-executive director of the Global Smaller Companies Trust plc. Having read Medicine and Computer Science at Jesus College, Cambridge, he trained as a vascular surgeon before transferring his skills in healthcare and technology to work as an analyst and portfolio manager with Tudor Capital in 1998. He was a senior portfolio manager at F&C Asset Management with responsibility for Thames River European Absolute Return Fund from 2010 to 2012 portfolio manager of Trium Multi-Strategy Hedge Fund and senior portfolio manager of Trium Opportunity Equity Fund from 2015 to 2019. Since then, he has been closely involved with healthcare and technology businesses in various capacities, with a particular focus on start-ups and early-stage private companies.

About Stacey Parrinder-Johnson

Stacey Parrinder-Johnson was, until September 2023, CIO of Investec Wealth & Investment UK, where she was also a member of the executive management committee, chair of the investment committee, and a member of the executive risk management committee. Stacey brings twenty years of experience in asset selection, portfolio management, and manager analysis across UK and international mandates, and has particular strength in investment trust governance, sustainability, and risk issues. She has previously served as a pension trustee and has been a governor of the University of Portsmouth since November 2023.

SOURCE: https://www.bailliegifford.com/individual-investors/funds/monks-investment-trust

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