Capital Gearing Trust p.l.c announced that Miss Jean Matterson and Mr. Robin Archibald have been appointed to the Board of the company as independent non-executive directors with immediate effect. Jean Matterson is a partner of Rossie House Investment Management in Edinburgh which specialises in private client portfolio management with particular emphasis on investment trusts. She was previously with Stewart Ivory & Co Ltd. for 20 years, as an investment manager and director.

Robin Archibald was most recently head of corporate finance and broking at Winterflood Investment Trusts. He qualified as a chartered accountant in 1983 and subsequently worked with Samuel Montagu, SG Warburg Securities, NatWest Wood Mackenzie and as partner and corporate financier with the corporate finance division of a Scottish accountancy firm.  Since the early nineties, he has concentrated on advising and managing transactions in the UK closed-ended funds sector.