5 May 2017

New Director Appointment

The Board of Glencore plc announces the appointment of Martin Gilbert as an Independent Non-Executive Director of the Company with immediate effect.

Martin Gilbert is a co-founder and Chief Executive of Aberdeen Asset Management PLC, the holding company of the fund management group that was established in 1983.

Mr. Gilbert was appointed Chairman of the Prudential Regulation Authority’s Practitioner Panel in December 2013. He sits on the Board of Directors of the Institute of International Finance. He is also a member of the International Advisory Panel of the Monetary Authority of Singapore and the International Advisory Board of British American Business. Mr. Gilbert is also the Deputy Chairman of Sky PLC.

Prior to this, Mr. Gilbert has served as Chairman of FirstGroup PLC.

Mr. Gilbert, who was born in Malaysia, was educated in Aberdeen and has an MA in Accountancy and an LLB. In 2009 he was awarded the honorary degree of Doctor of Laws by the University of Aberdeen. Mr. Gilbert is Adjunct Professor of Finance at Imperial College Business School and in 2014 was awarded a Doctorate of Letters from Heriot-Watt University. 

Commenting on the new appointment, Tony Hayward, Chairman, stated: 

"On behalf of the Board I am delighted to announce the appointment of Martin Gilbert. Martin is one of the leading entrepreneurs of asset management and also has a long track record as a FTSE Non-Executive Director. We are delighted that Martin has agreed to join us and look forward to benefitting from his experience and insights."

The following matters require disclosure in accordance with paragraph 9.6.13R of the UKLA's Listing Rules:

Martin Gilbert is a director of:

  1. Aberdeen Asset Management PLC;
  2. Sky PLC;
  3. Aberdeen Asia-Pacific Income Fund, Inc;
  4. Aberdeen Global Income Fund, Inc;
  5. India Fund, Inc;
  6. Asia Tigers Fund, Inc;
  7. Aberdeen Asia-Pacific Income Investment Company Limited;
  8. Aberdeen Asian Smaller Companies Investment Trust PLC;
  9. Aberdeen Latin American Income Fund Limited; and
  10. The Enhanced Zero Trust PLC (in liquidation).

During the previous five year period, he was a director of FirstGroup plc; Primary Health Properties PLC; Select International Funds plc; and Aberdeen Football Club plc. He is no longer a director of these companies.

For further information please contact:

Company secretarial 
John Burton 
t: +41 41 709 2619 
m: +41 79 944 5434 

Nicola Leigh
t: +41 41 709 2755
m: +41 79 735 3916

Martin Fewings
t: +41 41 709 2880
m: +41 79 737 5642

Carlos Francisco Fernandez
t: +41 41 709 2369
m: +41 79 129 9195

Charles Watenphul
t: +41 41 709 2462
m: +41 79 904 3320

Pam Bell
t: +44 20 7412 3471
m: +44 77 3031 9806


Notes for Editors

Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 90 commodities. The Group's operations comprise around 150 mining and metallurgical sites, oil production assets and agricultural facilities.

With a strong footprint in both established and emerging regions for natural resources, Glencore's industrial and marketing activities are supported by a global network of more than 90 offices located in over 50 countries.

Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation, oil and food processing sectors. We also provide financing, logistics and other services to producers and consumers of commodities. Glencore's companies employ around 155,000 people, including contractors.

Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. We are an active participant in the Extractive Industries Transparency Initiative.


The companies in which Glencore plc directly and indirectly has an interest are separate and distinct legal entities. In this document, “Glencore”, “Glencore group” and “Group” are used for convenience only where references are made to Glencore plc and its subsidiaries in general. These collective expressions are used for ease of reference only and do not imply any other relationship between the companies.  Likewise, the words “we”, “us” and “our” are also used to refer collectively to members of the Group or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies.

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