Foresight Enterprise VCT chair set to step down

Raymond Abbott departs

Raymond Abbott, the chair of Foresight Enterprise VCT, is set to step down from his role from 1 January 2024.

Abbott, who has served as the trust's chair since 2017, will continue to hold the position of non-executive director until the trust's 2024 annual general meeting, when he will then retire. He will be replaced by non-executive director Michael Gray, who has served on the board since 2017. Foresight Group AUM ticks up as capital management arm suffers To support a smooth transition and succession planning, non-executive director Kavita Patel will also be appointed deputy chair of the board, while assuming the role of chair of the Nomination Committee and Management Engagement and Re...