EJF Investments Limited announced that John Kingston will be appointed as a non-executive director to take effect on the date on which the Jersey Financial Services Commission confirms that it has no objection to such appointment, or such later date as the Board may determine. It is expected that Mr. Kingston will also be appointed as the Chair of the Board of Directors of the Company following a short handover period from the Interim Chair, Alan Dunphy. After graduating from Harvard Law School and the University of Pennsylvania's Wharton School of Business, Mr. Kingston began his career with legal positions at Ropes & Gray (a global law firm) and Morgan Stanley.

In 1999, Mr. Kingston joined Affiliated Managers Group, becoming part of the senior leadership team that grew a small investment management platform into a global asset management firm with (at the time of his departure) approximately $700 billion in AUM and an enterprise value of nearly $15 billion. Mr. Kingston retired as Vice Chairman of AMG in 2015, having overseen all corporate governance, risk management and controls, and legal, regulatory, and compliance functions. Mr. Kingston has founded and/or overseen (stewarding through governing and advisory boards) a variety of for-profit, not-for-profit and political initiatives, including the AMG Mutual Funds, Mangrove Management Partners, Lattice Capital Management, the Pioneer Institute, Veritas Forum, the Forward Party, Foundation for Excellence in Higher Education, Committee to Fix the Debt, and the American Enterprise Institute.

Further, the Board of EJFI, has been informed by EJF Investment Manager LLC (the "Manager") that Peter Stage, the Co-Chief Investment Officer of the Manager has decided to leave the Manager effective 31 August 2024, to pursue other career opportunities. Neal Wilson, Co-Chief Executive Officer of EJF and Chief Executive Officer of the Manager will continue to lead the management of the portfolio of EJFI.