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Director Appointments

Scottish Mortgage IT appoints new non-exec

10 March 2016 12:26

Scottish Mortgage Investment Trust has announced the appointment of Professor Patrick Maxwell as a non executive director of the Company.

The appointment will take effect from 1 April 2016 and falls to be ratified by shareholders at the Annual General Meeting to be held in 2016.

The Chairman of Scottish Mortgage, Mr John Scott said: "Professor Maxwell's deep knowledge in many fields of medical science will be of great value to Scottish Mortgage, particularly at a time when the developing field of genomics is of increasing importance to investors. The Board very much looks forward to working with Patrick and I have no doubt that he will make a significant contribution to the future of Scottish Mortgage."

At 12:26pm: (LON:SMT) Scottish Mortgage Investment Trust Plc share price was +3.1p at 246.6p

Story provided by StockMarketWire.com

Related Company: SMT

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