Miton UK Microcap Trust appoints chair designate as Andy Pomfret prepares to step down next year

Bridget Guerin hired as part of board succession plan

Miton UK Microcap Trust has appointed Bridget Guerin as an independent non-executive director and chair designate with effect from 1 December 2020, and announced that current chair Andy Pomfret will leave the board in September 2021.

The changes are part of the board succession plan, with Pomfret due to step down at the next AGM, the announcement said. Guerin will also join the audit and management engagement committee and has been appointed following a process run by Peter Dicks, the company's senior independent director. Miton UK Microcap Trust cuts fees as portfolio outperforms "All the existing directors joined the company's board when it listed in April 2015 and will therefore need to step down by April 2024," Pomfret said. "By appointing Bridget as chair designate, she will have the opportunity to oversee...