GCP Asset Backed Income Fund Limited announced that Joanna Dentskevich and Colin Huelin do not intend to seek reappointment as non-executive Directors of the Company at the 2024 AGM. The Board will be seeking to appoint a new non-executive Director at the 2024 AGM. In seeking the appointment of a new non-executive Director, the Board will have due regard for corporate governance best practice through an independent process, taking into account relevant experience, Board diversity and the regulatory requirements applicable to the Company.