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LONDON - Foresight Solar Fund Limited (LSE:FSFL) announced that Chris Ambler has retired from the board and stepped down as senior independent director (SID) following the conclusion of Tuesday’s Annual General Meeting.
The company, which invests in solar and battery storage assets, said the change is part of its planned succession strategy. Paul Masterton, who was appointed as an independent non-executive director in November 2024, has assumed the role of SID with immediate effect.
Masterton brings nearly 20 years of experience as a non-executive director and chair across finance, infrastructure, property development, and insurance sectors, including a decade with 3i (LON:III) Infrastructure.
Alex Ohlsson, Chair of Foresight Solar, thanked Ambler for his "valuable contribution" during his tenure with the company.
The succession plan also includes Tony Roper taking over as chair in September 2025, when Ohlsson will step down from the board. Ohlsson stated that directors are focused on "providing continuity and ensuring a smooth handover of responsibilities."
Foresight Solar Fund Limited describes itself as a fund investing in solar and battery storage assets to build income and growth.
The announcement was made in a press release statement issued by the company on Tuesday.
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