City of London Investment Group PLC announced that Barry Aling, Non-Executive Chair, is to retire from the Board with effect from the end of the Company's AGM on 23 October 2023. Barry joined the Company as an independent Non-Executive Director in August 2013 and was appointed as Chair in October 2018. The Board also announced that Rian Dartnell, currently a Non-Executive Director, will be appointed as Chair, effective 23 October 2023, subject to his re-election as a Director by the shareholders at the AGM.

Upon becoming Chair, Rian will cease to be the Chair of the Remuneration Committee and a member of the Audit & Risk Committee.