The Board of Albion Development VCT PLC announced that Ben Larkin has become Chairman of the Company with effect from 8 July 2019. He succeeds the late Geoffrey Vero. Ben was appointed as a non-executive director to the Board of the Company on 5 December 2016. He is also a partner at Jones Day solicitors and has extensive experience of private equity and structured finance transactions. The Board also announced that, following a formal selection process, Lord O'Shaughnessy will be appointed to the Board of the Company with effect from 8 July 2019. Lord O'Shaughnessy has operated at the highest levels across UK Government, including as a Parliamentary Under Secretary in the Department for Health & Social Care with key policy responsibilities including life sciences; medicines pricing and regulation; preparing the health and social care sectors for Brexit; and, data, digital and technology, including cyber security. He was created a life peer in 2015 taking the title Baron O'Shaughnessy, of Maidenhead in the Royal County of Berkshire, and previously served as Director of Policy in No. 10 Downing Street.