TempletonEmerging Markets Investment Trust PLC announced that the Board of Directors have agreed to appoint Angus Macphersonas a non-executive Director of the company, with effect from 6 October 2023. The Board of Directors confirms that the intention is that Angus will take on the role of Chairman of the Company on 1 January 2024 and will work closely with the current Chairman Paul Manduca,who is retiring after over 8 years on the Board, to ensure an orderly handover of the role. Angus Macpherson is chief executive of Noble and Company (UK) Limited, an independent boutique Scottish corporate finance business.

He was based in Asia between 1995 and 2004 in Singapore and Hong Kong, latterly as head of capital markets and financing for Merrill Lynch for Asia. He is currently Chairman of Pacific Horizon Investment Trust, Henderson Diversified Income and a director of Schroder Japan Trust and Hampden & Co.