Fidelity Asian Values PLC announced that Tim Scholefield has relinquished his position as Senior Independent Director of FAS, with immediate effect. He will remain as a Director of FAS, although he will not stand for re-election to the Board at the AGM. The Board announced that Clare Brady, who was appointed to the Board on 1 August 2019, has been appointed as Senior Independent Director, with immediate effect. The Board also announced that Michael Warren, who was appointed to the Board on 29 September 2014 will succeed Tim Scholefield as Chairman of the Management Engagement Committee.