Scottish Mortgage announces Dr Paola Subacchi to Board as as Non-Executive Director

– UK – The Board of Scottish Mortgage Inv Trust PLC is pleased to announce the appointment of Dr Paola Subacchi as a non-executive Director of the Company with effect from 1 April 2014. 

Paola Subacchi is the Director of International Economics Research at Chatham House in London and an expert on the functioning and governance of international financial and monetary systems as well as being an advisor to governments and non-profit organisations.

Paola’s recent publications include “Breaking the Vicious Circle: Restoring Economic Growth and Flexibility in Italy”, “The Connecting Dots of China’s Renminbi Strategy: London and Hong Kong,” and “Shifting Capital: The Rise of Financial Centres in Greater China”.

Paola, an Italian national, studied at Università Bocconi in Milan and at the University of Oxford.

The Chairman, John Scott said: “Paola has extensive knowledge and experience of international economic affairs, particularly with respect to China and Europe and I believe this will prove to be of great value to Scottish Mortgage. The Board is looking forward to working with Paola.”

 About Scottish Mortgage

Scottish Mortgage is a low cost investment trust that aims to maximise total return over the long term from a focused and actively managed portfolio. It invests globally, looking for strong businesses with above-average returns.

Scottish Mortgage is managed by Baillie Gifford & Co, the Edinburgh based fund management group with over £100 billion under management and advice in active equity and bond portfolios for clients in the UK and throughout the world (as at 30 December 2013).

Investment Trusts are UK public limited companies and are not authorised or regulated by the Financial Conduct Authority.

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