The Board of Witan Investment Trust plc announced that Paul Yates has been appointed as a non-executive director of the company with effect from 3 May 2018. Paul Yates has 37 years' investment management experience. He is Chairman of the Advisory Board of 33 St James's Limited and is a non-executive Director of Aberdeen Diversified Income and Growth Trust plc, Fidelity European Values PLC and The Merchants Trust PLC. He was CEO of UBS Global Asset Management (UK) Limited and in a number of global roles at UBS prior to retiring in 2007. Mr. Yates was also a director of Aberdeen UK Tracker Trust plc until April 2017. He has not held any other directorships of publicly quoted companies in the last five years.