LONDON - The North American Income Trust plc has announced the appointment of Ms. Bulbul Barrett as a new non-executive director to its Board. Set to join in April 2025, Barrett will also contribute to the Audit, Nomination, and Management Engagement Committees of the company.
Barrett's previous role as Chief Executive Officer of DBS Vickers Securities, the UK subsidiary of Singapore's DBS Bank, has equipped her with extensive experience in the banking, broking, and digital sectors. DBS Bank has been recognized as the World's Best Bank and Best Digital Bank for five consecutive years, highlighting the caliber of Barrett's leadership background.
The Chairman of The North American Income Trust plc, Charles Park, expressed confidence in Barrett's appointment, citing her strong commercial experience and deep understanding of digital marketing and the investment trust sector. Park noted that Barrett's diverse experience in both executive and non-executive roles is expected to enhance the Board's capabilities.
Currently, Barrett holds a position as a non-executive of the Global Smaller Companies Trust and maintains several private appointments. The company has confirmed that in line with the UKLA Listing Rules, there are no further details that need to be disclosed regarding Barrett's appointment.
This move comes as part of the Trust's ongoing efforts to strengthen its governance and strategic oversight. The addition of Barrett to the Board is anticipated to bring a fresh perspective and contribute to the Trust's future growth and success.
The information for this article is based on a press release statement from The North American Income Trust plc.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.