Role: 1046 

Our client is an investment trust listed on the London Stock Exchange with total assets of nearly £200m. It is domiciled in the UK and its Board meets in London. The manager of the investment trust is one of the UK’s leading investment management companies. The investment trust is seeking a new independent Non-Executive director will join the four other Board Directors and take over from a NED who is standing down from the Board in the autumn. The new Non-Executive Director will also be a member of the Board’s Nomination, Audit and Management Engagement Committee and also help the board to fulfil the function of a Remuneration Committee. The remuneration for the NED role is £22,000 per year.

Candidate requirements

  • “Experience of managing money”. IE: a former professional investment/portfolio/fund manager who has successfully managed client portfolios, preferably including equities and at least one other asset-class.
  • “Experience of managing people who manage money”. IE: Experience of managing senior people/teams responsible for different client investment portfolios with different mandates, asset-classes and investment objectives.
  • Experience of guiding companies (preferably UK closed-end investment companies) through major corporate events including M&A and major disposals.
  • Sufficient leadership skills and Board experience to be a credible contender for the chairman position when the current chairman stands down. NB: There will be no automatic succession and the Board is confident there will be a number of credible and willing candidates for the chairmanship when the time comes. Nevertheless candidates should have prior experience of serving on boards (Exec and NED), and preferably either chairing Boards and/or Board Committees, or serving as a Senior Independent Director (SID).
  • Knowledgeable about UK listed, closed-end investment companies and the role and responsibilities of an independent investment company Board Director.
  • Collegiate mind-set and a proven ability to question, suggest, analyse, support and challenge constructively, independently and appropriately at Board level.
  • Able to commit sufficient time to the investment trust. The Board meets 5 times a year in London for Board and committee meetings, plus the AGM. In normal years the total workload is estimated at between 10 to 15 days a year in total, including preparing for meetings and following up actions agreed in meetings.


If you meet the candidate requirements and are interested in the role please apply online as soon as possible and definitely before the deadline below.


This role will close on 3rd April 2018 at 12 noon.

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