The Board of London City Equities Limited announced that Mr. Neil Schafer has been appointed a Director of the company. He replaces Mr. David A Sutherland who has stood down after six years as a Director. Mr. Schafer has been involved in the investment sector for many years. He has extensive experience in business strategy and execution, investment management and banking. He is presently a non-executive Director of Clime Investment Management Limited, an ASX listed entity that operates in a different sector to London City. Neil also holds non-executive roles with a number of other commercial and community organizations.