The Board of The Bankers Investment Trust PLC appointed Miss. Isobel Sharp to the Board as a non-executive director with effect from 1 November 2017. Isobel has extensive accounting, auditing and corporate governance experience. Most recently she was with Deloitte LLP as the firm's Senior Technical Partner until 2012. Isobel is currently a non-executive director, and Audit Committee Chair, at IMI plc and Winton Group Ltd. Mr. Matthew Thorne, who is the company's Audit Committee Chairman, is to retire from the Board at the conclusion of the 2018 Annual General Meeting on 21 February 2018 having served as a non-executive director of the company since 27 November 2008. Mr. David Wild, who after serving four years on the Board, will not be seeking re-election at the 2018 Annual General Meeting due to other work commitments and is to retire from the Board on 21 February 2018. It is the Board's intention that Ms. Sharp will succeed Mr. Thorne as Audit Committee Chair when he retires from the Board at the conclusion of the 2018 Annual General Meeting.