The European Smaller Companies Trust PLC announced the appointment of James Williams to the Board as a non-executive director with effect from 1 November 2023. James is chairman of Schroder AsiaPacific Fund plc and a non-executive director of Net Zero One Limited. He has over 30 years' international business experience, including nearly 20 years in the investment banking industry, having held senior roles in Asia and Europe at ING Barings, ABN AMRO and Commerzbank.

Following his departure from Commerzbank, he became a partner at Saginaw Capital LLP until 2008. James will be a member of the Company's Audit Committee, Management Engagement Committee and Nomination and Remuneration Committee on appointment.