The board of listed Utilico Emerging Markets Trust has appointed Isabel Liu as an independent non-executive director (NED) with immediate effect.

The investment company's most recent report and accounts, published in June 2021, confirmed that the board planned to consider board refreshment in the current year and an external independent recruitment consultancy was engaged to conduct a search and selection process.

The appointment of Ms Liu follows the announcement of Mark Bridgeman's appointment to the board on 22 September 2021.

Mr Anthony Muh, who has served on the board of the company and its predecessor (Utilico Emerging Markets Limited) since October 2010 has indicated that he will retire from the board following the conclusion of the company's next annual general meeting in September 2022.

Ms Liu has over 25 years global experience investing equity in infrastructure, including the $1 billion AIG Asian Infrastructure Fund, the €1 billion ABN AMRO Global Infrastructure Fund and was managing director of the Asia Pacific investment business of John Laing.

More recently Ms Liu served as a NED of Pensions Infrastructure Platform, backed by UK pension schemes to invest in UK infrastructure. She has been a board member of Transport Focus, the consumer watchdog for public transport and England's highways, and Heathrow Airport's Consumer Challenge Board. She is currently a NED of the Schroder Oriental Income Fund.

For compliance reasons the trust also published the fact that at the date of this announcement Ms Liu's husband held 6,802 shares in the company.