INTERNATIONAL FINANCIALS NEWS
[ Back to News ]
2ND JULY '10
Directorate Change
Blue Planet European Financials Investment Trust plc (the "Company")
Registered number SC192153, ISIN GB0005327076, SEDOL 0532707 GB
Directorate change - Listing Rule 9.6
The Company announces the resignation of the Rt Hon Lord Steel of Aikwood from
the Board at the Annual General Meeting held at 4:00pm yesterday, after twelve
years of service. Lord Steel has been a highly valuable member of the Board,
and the Directors extend to him their deepest gratitude for all his
contribution to the Board on behalf of the Company.
The Company is pleased to announce the appointment of David Victor Thomas, OBE,
as Non-Executive Director with effect from 1st July 2010 following the
resignation of the Rt Hon Lord Steel of Aikwood on that day.
Mr David Thomas, aged 60, retired in 2007 from Lloyds TSB Bank plc after 31
years service in North & South America, Europe and the United Kingdom. In the
latter part of his career, he was International Banking Director, based in
London, where his role involved reshaping and developing the bank's diverse
operations in Europe, the Middle East and Asia. Prior to this, he had led
Lloyds TSB's Latin American operations, with more than 4,500 staff in nine
countries and revenues exceeding £250m from corporate banking, retail and
private banking, and consumer finance. Until 2000, he had held various overseas
posts, including chief executive of the Lloyds TSB Bank operations in France
and, most recently, in Brazil. He was made an OBE in 2000 for services to the
British Chamber of Commerce in Brazil. He now serves as Chairman on boards of
three Luxembourg SICAVs sponsored by Lloyds TSB Group plc and is a
non-executive director of UBA Capital (Europe) Limited. He is also a Governor
of the English-Speaking Union of the Commonwealth, a director of the Brazilian
Chamber of Commerce in Great Britain, and is a former Chairman of the Hispanic
and Luso-Brazilian Council. The Directors believe his experience within the
banking sector will be valuable to the Board's deliberations.
He is currently not a director of any other UK public limited company.
No further information is required to be disclosed pursuant to Listing Rule
9.6.13R.
END
For further information contact the Secretary:
Blue Planet Investment Advisers Ltd, Greenside House, 25 Greenside Place,
Edinburgh EH1 3AA
Tel: +44 (0) 131 466 6666 or info@bpia.eu , www.bpia.eu
Contact Name: Mrs K T Lockhart
END
