Maven Income and Growth VCT 5 PLC announced that Allister Langlands will step down as Chairman and from the Board following the conclusion of the Company's Annual General Meeting (AGM) to be held on 28 April 2020. The Board, in considering a successor to Mr. Langlands as Chairman, have agreed that Mr. Miller is the most suitable candidate for the role. Accordingly, Mr. Miller will assume the role of Chairman following the conclusion of the 2020 AGM. Mr. Miller began his business career with Murray Johnstone Private Equity in 1987, becoming a Director in 1994. He was Corporate Development Director of Avon Rubber PLC from 1998 to 2001 before returning to private equity with 3i plc. Since 2008, he has operated as an Independent Director and private investor. Mr. Miller currently chairs Westfield Medical Limited (a medical packaging MBO) and Shiner Limited (a family owned action sports distributor). He is a Non-executive Director of AIM listed Sutton Harbour Group PLC where he also chairs the Audit Committee and a Non-executive Director of Fidelius Financial Holdings Limited.