abrdn Asia Focus plc New Director Appointment (9591O)
June 15 2022 - 3:55AM
UK Regulatory
TIDMAAS
RNS Number : 9591O
abrdn Asia Focus plc
15 June 2022
abrdn Asia Focus plc (the "Company")
Legal Entity Identifier (LEI): 5493000FBZP1J92OQY70
15 June 2022
Directorate Update
Appointment of Lindsay Cooper to the Board
The Board of abrdn Asia Focus plc is pleased to announce the
appointment of Mr Lindsay Cooper as an independent non-executive
Director of the Company with effect from 15 June 2022. Mr Cooper is
a Singapore permanent resident and member of the Institute of
Chartered Accountants of Scotland. After working in corporate
finance in Hong Kong in the early 1990's, Lindsay co-founded
Arisaig Partners in 1996, an independent Investment Management
business where, for 20 years, he had investment responsibility for
the USD3bn Arisaig Asia Consumer Fund. Following semi-retirement
Lindsay founded Chic & Unique Pte Ltd, a boutique hotels and
hospitality business with operations in Asia and Europe and, more
recently, founded Chi Tree Health, a preventative healthcare
enterprise in Singapore. Mr Cooper is also closely involved with
two charities: representing Singapore on the Magic Bus Global
Board; and as a non-executive director on the board of Angkor
Hospital for Children (AHC) in Siem Reap, Cambodia.
Nigel Cayzer, Chairman, commented:
"As part of our ongoing succession plans, on behalf of the Board
I am delighted to welcome Lindsay to the Board. Lindsay brings a
significant amount of Asian investment and small cap expertise to
the Board and, being based in Singapore, is perfectly placed to
assist in overseeing the execution of the Company's expanded
investment mandate that was approved by shareholders in January
2022."
In accordance with Listing Rule 9.6.13 (1):
Mr Cooper is not currently a director of any publicly listed
companies and has not in the last five years been a director of any
publicly listed companies.
Mr Cooper does not have a beneficial interest in any Ordinary
shares of the Company.
In relation to Mr Cooper's appointment, there is no additional
information required to be disclosed in accordance with Listing
Rules 9.6.13 (2) - (6).
For further information, please contact:
Charles Mearns
Aberdeen Asset Management PLC
Secretaries
Tel. 0131 528 4132
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END
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June 15, 2022 04:55 ET (08:55 GMT)
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