Platinum Capital Limited announced that Mr. Bruce Coleman, has given notice of his resignation as a non-executive director of the Company and the chair of the Board, effective 31 March 2018. The Company advised that Ms. Margaret Towers will join the Board as a non-executive director of the Company and chair of the Board, effective 31 March 2018. Ms. Towers (CA, GAICD) has over 35 years' experience operating at board and senior management levels, within the wealth management and investment banking sectors of the Australian financial markets. Ms. Towers has also previously been a non-executive director of Platinum Asset Management Limited, chair of PTM's Audit, Risk and Compliance Committee and a member of PTM's Nomination and Remuneration Committee.
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.