Picton Property Income Limited announced the appointment of Nick Wiles as a non-executive director, effective from 1 January 2020. Mr. Wiles’ appointment follows Nicholas Thompson’s confirmation earlier this year that he would stand down as chairman and from the Board, having served the Company since launch in 2005. The transition to chairman will take place on 1 June 2020, when Mr. Thompson formally steps down as a non-executive director of the Company. Nick Wiles retired as chairman of UK investment banking at Nomura in 2012. He has worked in investment banking for more than 20 years, with the majority of this time spent at Cazenove & Co, where he was a partner prior to its incorporation. He is currently chairman of PayPoint plc and until earlier this year was the senior independent non-executive director of Primary Health Properties plc, prior to its merger with MedicX.