India Capital Growth Fund Limited announces that Nick Timberlake has agreed to join the Board as a non-executive director with effect from 19 July 2022. Nick Timberlake has over thirty years' experience in the asset management industry as a Portfolio Manager, he was with HSBC Global Asset Management between 2005 and 2020, initially as Global Head of Emerging Markets Equities and then Head of Equities. Previously he was a Director of F&C Investment Management and has spent the last 20 years investing in global emerging markets equities.

He is a partner in Panorama Property Investments LLP. Nick is a member of the CFA Institute and CFA Society of the UK.