NB Distressed Debt Investment Fund Limited announced that Mr. John Hallam, an Independent Non-Executive Director and Chairman of the company, has stepped down as a member of the Audit Committee with effect from November 21, 2018. As stated in the company's 2017 Annual Report, Mr. Hallam re-joined the Audit Committee on January 18, 2018 for an Interim period until the new Audit Committee Chairman, Mr. Christopher Legge, was established in post.