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Insider UK
Insider UK
Business
Peter A Walker

Scottish Mortgage chair quits in governance row

The chair of Scottish Mortgage Investment Trust is standing down following a corporate governance row.

Fiona McBain, who has been in the position since 2017 - and sat on its board for 14 years - will leave after the trust’s annual meeting in June.

The tech-focused investment company, which is a client of Baillie Gifford, also revealed that Amar Bhidé has left the board, after he questioned McBain’s independence and raised concerns over exposure to illiquid investments.

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