Fidelity China Special Situations PLC announced that David Causer has served on the Board since the Company's IPO on 19 April 2010, and having completed nine years, will step down from the Board at the conclusion of company's AGM on 24 July 2019. The company also announced that as part of the Board's succession plan, Mike Balfour will succeed David as Audit and Risk Committee Chairman on 24 July 2019 following the AGM. Mike Balfour was appointed to the Board on 1 October 2018. His appointment was through a specialist consultancy firm hired to identify a new Director. Mike has over 30 years' experience in financial services and is a member of the Institute of Chartered Accountants of Scotland. He is a non-executive Director of Standard Life Investment Property Income Trust plc.