Platinum Capital Limited Announces Appointment of Ian Hunter as Independent Non-Executive Director, Effective September 9, 2021
September 05, 2021 at 07:28 pm EDT
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As Chairperson of both this Company and Platinum Asia Investments Limited (PAI), Platinum's other listed investment company, it has become clear that PMC and PAI face many common issues, not least in relation to legal, risk and compliance matters. As such, there are many potential benefits to having a common board of directors across both companies. In recognition of this, the Board has chosen to appoint Mr. Ian Hunter, who is a non-executive director of PAI, to the Company's Board as an independent non-executive director, effective 9 September 2021. Mr. Hunter joins myself, Mr. Richard Morath and Mr. Jim Clegg as the non-executive directors of the Company. Mr. Hunter brings deep knowledge and experience to the Board, having worked in the finance and investment industry since 1975 at several banks, most latterly Bankers Trust Australia. Mr. Hunter has also formerly held a number of directorships of listed companies and is currently a director of Ironbark Capital Limited.
Platinum Capital Limited is an Australia-based closed-ended investment company. The Company's objective is to provide capital growth over the long term through investing in companies worldwide. The Company offers investors a way of accessing an actively managed, truly diversified portfolio of companies from around the world and across industry sectors, providing exposure to undervalued businesses in both developed and emerging markets. The Company invests in various sectors, including financials, industrials, information technology, materials, energy, health care, consumer discretionary, communication services, real estate, consumer staples, and utilities. Australia, China, Hong Kong, India, Japan, Austria, Austria, Finland, France, Germany, Switzerland, Canada, and the United States of America. Platinum Investment Management Limited is the investment manager of the Company.