Development Securities (DevSec) has appointed Paul Manduca as a non-executive director, with immediate effect.
Manduca, 49, is chief executive of Rothschild Asset Management, a position he has held since September 1999. Prior to that, he was with British American Tobacco, which he joined in 1994.
Manduca is also a member of the executive committee of the Fund Managers Association and a director of Henderson Smaller Companies Investment Trust. Manduca will serve on the Development Securities Remuneration Committee.
Hugh Jenkins, chairman of Development Securities, commented: “We are delighted to welcome Paul to the board. He has an outstanding record of corporate experience in a number of sectors and we expect his contribution to the continued growth of Development Securities to be significant.”
EGi News 06/08/01
