IN BRIEF: City of London Investment Group founder to retire from board
26th Apr 2022 15:01
City of London Investment Group PLC - specialist asset manager offering institutional and retail products investing in closed-end funds - Founder Barry Olliff willl retire as a director on July 31. Olliff formed CLIG over 30 years ago. Chair Barry Aling says Olliff was the "architect and driving force in the development of the business". The announcement comes as CLIG sets out a board restructure that will increase the proportion of independent directors. To achieve this, executives Carlos Yuste, Mark Dwyer and Dan Lippincott will step down from the CLIG board but join a newly created executive committee. Read More