Mercantile investment trust chair to retire next year

Angus Gordon Lennox steps down

Linus Uhlig
clock • 2 min read

The chair of the Mercantile investment trust, Angus Gordon Lennox, is set to retire in 2025 following the conclusion of the company’s annual general meeting.

Gordon Lennox, a director of the trust since 2015 and chair since 2018, will be succeeded by Rachel Beagles, who has been a director of the trust since 2021.  Having previously sat on the board of the Association of Investment Companies for six years, Beagles is currently a non-executive director of Alliance Witan. Prior to that, she was a managing director and co-head of the pan-European banks equity research and sales team at Deutsche Bank's investment banking division.  Legal & General private markets chief appointed to head retail division in leadership shake-up As part of the ...

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