Advance Developing Markets Fund has appointed Richard Bonsor as the new chairman and John Hawkins as deputy chairman.

The appointment follow the retirement of Peter O'Connor as a director and chairman at the annual general meeting yesterday (26 April).

The board has also announced the appointment of Mark Hadsley-Chaplin as a non-executive director.

At 9:37am: (LON:ADMF) share price was +4.38p at 438.88p