Guy Dawson returns as ASA International chairman

LONDON - ASA International Group plc (LSE:ASAI), a leading global microfinance institution, announced today that Chris Low has resigned as non-executive Chairman and Director, effective immediately. Guy Dawson, who has previously held the position of non-executive Chairman, will reassume the role to ensure a smooth transition.

Low expressed his gratitude for the opportunity to contribute to ASA International, highlighting his leadership in the recent appointment of Rob Keijsers as the new Group CEO and the approval of a growth strategy. He believes that with a strong executive team in place and the company performing well, it is the right time for him to step down and focus on his other business interests.

Dawson thanked Low for his dedication and significant contributions to the company, particularly in his roles as Chair of the Audit and Risk Committee and Executive Chairman. He also expressed confidence in the company’s direction and in Keijsers’ ability to drive sustainable growth.

With Dawson’s reinstatement as Chairman, he will also chair the Nomination Committee and the Independent (LON:IOG) Directors Committee. His history with the company includes serving as a Non-Executive Director since 2013 and as Chairman of the Board from January 2021 until October 2024, followed by a period as an Independent Non-Executive Director until today’s announcement.

In light of Low’s departure, the Board has decided to withdraw Resolution 4, which proposed his re-election, from the agenda of the 2025 Annual General Meeting (AGM). This withdrawal does not affect the validity of the AGM Notice or any proxy votes already submitted for the remaining resolutions.

ASA International is renowned for providing small loans to low-income entrepreneurs, primarily women, in regions including South Asia, South East Asia, and Africa, aiming to foster financial inclusion and socioeconomic development.

The company has confirmed that there is no further information to disclose regarding Dawson’s appointment in terms of the Listing Rules. This announcement is based on a press release statement and is intended to inform the public of the changes within ASA International’s Board of Directors.

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