Liontrust Asset Management non-executive independent director Glyn Hirsch is set to retire at the start of September 2014.
Hirsch has been with the board for 15 years. He is currently chief executive of Raven Russia, a UK-listed property investment company specialising in commercial property in Russia.
Liontrust has yet to reveal a replacement for Hirsch but says it will announce a new director in due course.
Hirsch has also been chairman of the nomination and remuneration committees at Liontrust.
Senior independent director Mike Bishop will takeover as the new chairman of both committees immediately following Hirsch’s retirement.
Liontrust chairman Adrian Collins: “Glyn joined the Company in 1999 and has made a valuable contribution to its development. On behalf of the Board, I would like to thank Glyn for his hard work and tireless commitment to the Company and wish him all the best for the future.”