ACORN INCOME FUND
LIMITED
(a
closed-ended investment company incorporated in Guernsey with
registration number 34778)
LEI
213800UAZN7G46AHQM67
Directorate
Change
16 August 2019
The Company announces, as first disclosed in the annual results
published in April, the retirement of Helen
Green as Chairman and Non-Executive Independent Director of
the Company effective from 16 August 2019. Mrs Green has been
a Director of the Company since 2007, and the Board has greatly
appreciated the experience and support she has contributed to the
development of the Company.
In accordance with Listing Rule 9.6.11, the Board also wishes to
announce that Nigel Ward has been
appointed as Chairman of the Board.
Additionally, the Company is pleased to announce that Mrs
Sharon Parr has been appointed to
the Board as a Non-Executive Independent Director of the Company
with effect from 16 August 2019.
Sharon is a Fellow of the Institute of Chartered Accountants in
England and Wales and a member of the Society of Trust and
Estate Practitioners, and is a resident of Guernsey. In 2003, she
led a private equity backed MBO of the trust and fund
administration division of Deloitte and Touche, called Walbrook,
which was subsequently sold to Barclays Wealth in 2007. As a
Managing Director of Barclays, she ultimately became global head of
their trust and fund administration businesses, comprising over 450
staff in 10 countries. Sharon stepped down from her executive
roles in 2011 to focus on other areas and interests, but has
maintained directorships in several companies.
There are no disclosures to be made equivalent to those required
by LR 9.6.13 (2-6). All Sharon’s
current directorships in publicly quoted companies and in the past
five years are noted below.
Current directorships
NextEnergy Solar Fund Limited
JZ Capital Partners Limited
Past directorships
None to declare
Commenting on the changes to the composition of the board,
Nigel Ward said:
“I would like to take this
opportunity personally and on behalf of the board to thank Helen
for her valuable service and contribution, not least for her
leadership of the board over the past 7 years.
My fellow directors and I are very
pleased to welcome Sharon as a member of the Board. She brings a
wealth of relevant experience and we look forward to working with
her. ”
For further information about this announcement, please
contact:
Northern Trust International Fund Administration
Services (Guernsey) Limited, Company
Secretary
+44 1481 745 001