Camellia Plc is announced the appointment of Kenneth Byron Coombs, age 63, as Chief Executive Officer with effect from 25th September 2023. Byron has extensive experience in the financial and investment management sectors and served as Chief Executive Officer of the Group's private bank, Duncan Lawrie, from 2014 until its sale in 2017, since when Byron has been employed by the Group as Investment Director. Byron is also a Non-executive Director of Julius Baer International Limited, from which position he will resign on 31stDecember 2023.

He has previous non-executive and executive experience at Deutsche Bank UK, RBS Wealth Management, Citibank Private Bank, and Merrill Lynch Debt Markets. Byron's appointment follows an extensive candidate search. Previous directorships within the last 5 years: FINHUMF.

Camellia's Chairman, Malcolm Perkins, who has also acted as Interim Chief Executive Officer since 1s tJuly 2022, will continue as Interim Chief Executive until Byron Coombs' appointment in September. Malcolm will retire on 30th November 2023 following 51 years' service in the Group. Malcolm has provided outstanding leadership throughout the years.