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BlackRock Trust appoints new non-executive director

Published 12/19/2024, 11:46 PM

LONDON - BlackRock (NYSE:BLK) Income and Growth Investment Trust PLC has announced the appointment of Chrysoula Zervoudakis as a non-executive director, effective today. Zervoudakis brings extensive experience from her 28-year career in asset management across the UK and France, where she specialized in UK and Continental European Equities.

Her previous roles include serving as a director at AXA IM until 2015, where she was also co-Head of Research, and managing Growth and Income funds with a keen focus on industrial and consumer sectors. Zervoudakis has been recognized for her work in corporate governance and sustainability.

In addition to her new role at BlackRock, Zervoudakis is actively involved in other governance roles. She is currently a non-executive director at OFI Invest AM in France, chairing the Engagement and Ethics Committee, and serves as Governor of West Thames College. Her past experience includes a position as a non-executive director for Quadpack Industries SA, where she chaired the audit and risk committee.

Zervoudakis' appointment also entails her participation in the Audit, Nomination, and Management Engagement Committees for BlackRock Income and Growth Investment Trust PLC. The company has clarified that there are no further disclosures required under Listing Rule 9.6.13R in respect of the new director, and she currently does not hold any interest in the ordinary shares of the company.

The addition of Zervoudakis to the board is part of BlackRock's ongoing commitment to strong corporate governance and expertise in asset management. Her extensive background in the industry is expected to support the company's strategic direction and oversight.

This board enhancement comes as part of the company's efforts to strengthen its leadership team and maintain rigorous governance standards. The information regarding this directorate change is based on a press release statement from BlackRock Investment Management (UK) Limited.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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