As announced on 11 April 2019, Simon Wombwell will step down as a non-executive director of Ground Rents Income Fund PLC no later than 30 September 2019. The company announced that Bill Holland has agreed to join the Board as his replacement as an independent non-executive director and Chairman of the Audit Committee, with effect from 1 September 2019. Bill will bring significant expertise as a former partner of KPMG's real estate practice and KPMG's former representative to the British Property Federation's Finance Committee.