Further to the announcement made on 13 March 2024, the Board of River and Mercantile UK Micro Cap Investment Company Limited to announced that Ted Holmes has been appointed as Chair of the Audit Committee with immediate effect.  Ted is an existing independent NED on the Board of RMMC and was appointed in September 2023. RMMC also announced the appointment of Ms Serena Tremlett as a non-executive director with immediate effect. Serena is a Guernsey-based company director and consultant with over 25 years of experience of funds, listed companies, company secretarial and regulatory matters.

Serena was a co-founder and managing director of Morgan Sharpe Administration Limited, a Guernsey fund and corporate services administrator which was established in April 2008 and then sold to Estera Group in 2017.  Morgan Sharpe's clients included listed companies and some of the biggest names in private equity and real estate. Prior to Morgan Sharpe, Serena was managing director of Assura Group's Guernsey office and company secretary to what was a FTSE 250 listed company at that time from 2006 to 2008.  From 1996 to 2006, she developed her funds career at Mourant (Guernsey) Limited and Guernsey International Fund Managers Limited. Serena holds the Institute of Directors Diploma in Company Direction and is currently studying for a Global MBA with the University of London.

Key Relevant skills Over 25 years of financial services experience, primarily in Guernsey, Since 2001, has been a director of listed and unlisted and general partner companies in many jurisdictions,  Strength in corporate governance and Guernsey regulation.