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“Cheap is not enough” – finding value in a muted market

CTY

The City of London Investment Trust plc

Board Member

Sir Laurie Magnus CBE

Chairman of the Board and Nominations Committee

Sir Laurie Magnus CBE

Date of Appointment
1 March 2020 (Chairman from 27 October 2020)

Skills and Experience
Sir Laurie has over 40 years of experience in corporate finance markets and over 15 years as a member of investment supervisory bodies, including as a director of various investment trusts. He was Chairman of Pantheon International plc until October 2022. He has held senior positions at financial institutions including Samuel Montagu, Phoenix Securities, Donaldson Lufkin & Jenrette and Lexicon Partners (latterly as Chairman prior to its merger with Evercore). He is currently a non executive adviser to Evercore’s European business.

External Appointments
Sir Laurie is the Prime Minister’s Independent Adviser on Ministers’ Interests. In the not for profit sector, he is Chairman of The Heritage of London Trust.