Templeton Emerging Markets Investment Trust appoints Angus Macpherson to its Board as Non-Executive Director and next Chairman

– UK, Edinburgh –  Templeton Emerging Markets Investment Trust PLC (LON: TEM) today announced the appointment of Angus Macpherson to its Board as a non-executive Director effective from 6 October 2023, to take on the role of Board Chairman on 1 January 2024 from Paul Manduca, who will resign at that date.

“I am delighted that Angus has agreed to join the Board in October and succeed me as Chairman on 1 January 2024. He is a first-class choice to be the next Chairman and I wish both him and the Company the very best for the future,” said Board chair, Paul Manduca.

About Angus Macpherson

Angus Macpherson is chief executive of Noble and Company (UK) Limited, an independent boutique Scottish corporate finance business. He was based in Asia between 1995 and 2004 in Singapore and Hong Kong, latterly as head of capital markets and financing for Merrill Lynch for Asia. He is currently Chairman of Pacific Horizon Investment Trust, Henderson Diversified Income, and a director of Schroder Japan Trust and Hampden & Co.

Angus Macpherson said “I am excited to be joining the Board of Templeton Emerging Markets Investment Trust and look forward to working with the other members of the Board and the manager. I have a particular affection for the Company which was a trailblazer in investing in higher-growth economies when I first started working in Asia. Paul Manduca has made an outstanding contribution during his tenure as Chairman which, with the help of the Board, I hope to build on.”

SOURCE: https://www.temit.co.uk/

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