Platinum’s NED resigns


Platinum Asset Management Limited has advised that its non-executive director and chair of the nomination and remuneration committee (NRC), Bruce Coleman, has resigned from the company, effective today.
However, he would continue to chair the boards of the two listed investment companies, Platinum Capital Limited (PMC) and Platinum Asia Investments Limited (PAI).
The resignation was a part of the firm’s previously announced program of director renewal.
The company also advised that Stephen Menzies would assume the role of the NRC’s chair while the board would continue reviewing candidates to replace Coleman as a non-executive director, in accordance with the company’s director renewal policy.
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