Fidelity Asian Values PLC announced that By 2023, Grahame Stott will have served four years as a Director and a further nine years as Chairman and will step down from the Board at the AGM in 2023. The company had previously advised that Clare Brady would succeed Grahame Stott as Chairman of the Audit Committee at the conclusion of this year's AGM. The Board has now agreed that Clare should succeed as Chairman next year and are actively searching for a new Chair of the Audit Committee.

Grahame Stott completed his nine-year tenure in September 2022 and will step down from the Board at the conclusion of the AGM on 23 November 2022.