Scottish Investment Trust

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was appointed to the Board in September 1998 and became chairman in October 2003. He is chairman of The Law Debenture Corporation, The Independent Investment Trust and Foreign & Colonial Eurotrust and a director of The Monks Investment Trust, Pacific Horizon Investment Trust and Herald Investment Trust. He is a former senior partner of Baillie Gifford & Co and former chairman of IMRO and the Association of Investment Companies.

joined the board in November 1996. He is chairman of the New York based international fund management firm Clay Finlay, which he co-founded in 1982 and a co-founder of SVG Capital. Previously he held senior investment management positions with Lazard Frères and Morgan Guaranty in Paris and New York. He is also a director of a number of international investment companies and charitable organisations.

was appointed to the board in November 1996. He is a managing director of Credit Suisse First Boston (Europe). He is chairman of Old Mutual South Africa Trust, Mithras Investment Trust, The Fleming Mercantile Investment Trust and a director of Persimmon.

was appointed to the board on 17 November 2003. He is chairman of the Association of Investment Companies and was formerly chairman of NatWest Securities in Scotland. He is chairman of JP Morgan Fleming American Investment Trust and a director of Aberforth Smaller Companies Trust, Personal Assets Trust, Shires Income and Standard Life European Private Equity Trust.

was appointed to the board in September 2005. He was a partner in Ernst & Young and its predecessor firms for 25 years until his retirement in 1998. He specialised in corporate tax, particularly for investment trusts and insurance companies. He was a visiting professor at the University of Edinburgh until 2001. He is a director of British Assets Trust and INVESCO Perpetual AIM VCT.