City of London Investment: Philip Remnant Will Become Chairman
07 December 2010 - 3:56AM
Dow Jones News
City of London Investment Trust PLC (CTY.LN) said Monday it
appointed Philip Remnant as a non-executive Director with effect
from Jan. 1, 2011, and added that Remnant will become Chairman
following the retirement of Simon de Zoete at the Annual General
Meeting in October 2011.
MAIN FACTS:
-Remnant is a Senior Advisor to the investment banking division
of Credit Suisse (CS) in Europe.
-Shares at 1623 GMT down 1.20 pence or 0.43% at 280.30
pence.
-By Tapan Panchal, Dow Jones Newswires. Tel +44(0)207-842 9448,
tapan.panchal@dowjones.com
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