BlackRock Latin American Investment Trust announces Nigel Webber to its Board as upcoming Non-Executive Director

– UK, London – BlackRock Latin American Investment Trust plc (LSE:BRLA), announces that both Peter Burnell and Micky St Aldwyn have retired from the Board today, 2 March 2017. Peter had been on the Board since the launch of the Company in 1990 and had served as Chairman since 1997. In that time he has successfully steered the Company through a number of volatile periods and we would like to thank him on behalf of the Board and the Company’s shareholders for his wise counsel and guidance.

Micky had served on the Board since 1996 and his extensive knowledge of the region has been enormously valuable to us over many years and again we would like to thank him on behalf of the Board and the Company’s shareholders for his contribution over the last 20 years.

The Board is pleased to announce the appointment of Nigel Webber as a non-executive Director of the Company with effect from 1 April 2017. Mr Webber will also serve as a member of the Company’s Audit and Nominations & Management Engagement Committees.

Mr Webber’s broad investment experience has seen him lead the design of investment solutions for affluent and high-net-worth individuals across global markets and multiple asset classes. Most recently, he was Global Chief Investment Officer for HSBC Private Banking where he held global responsibility for all investment activity for Group Private Banking. During his time at HSBC, Mr Webber was also Chairman of the Global Investment Committee for Group Private Bank and Chairman for HSBC Alternative Investments Limited. Prior to this, he held a number of blue-chip executive positions around the world for investment and asset management businesses. He is also a qualified accountant.

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