Michael MacPhee, Trust Manager
Michael graduated BA in Law from Oxford University in 1986 and was called to the English Bar in 1987. He joined Baillie Gifford in 1989 and spent a number of years as an Investment Manager in the European Equity Team. He was head of this department until 2008 when he left to develop the firm’s Global Opportunities investment offering. Michael became a Partner in 1998.
Richard RJ Burns , Chairman
Richard Burns became a Director of the Company at the time of the listing of its shares in 1981 and became Chairman on 30 June 2012. He qualified as a solicitor in 1971 and he joined Baillie Gifford in 1973 as a trainee investment manager, becoming a partner in 1977 and was joint senior partner from 1999 until his retiral in April 2006. He is a director of EP Global Opportunities Trust PLC, Standard Life Equity Income Trust PLC, The Bankers Investment Trust PLC, JPMorgan Indian Investment Trust plc and is a trustee of the National Galleries of Scotland.
Malcolm CN Scott, QC , Director
Malcolm Scott became a Director of the Company in 1990. He was educated at Trinity College, Glenalmond and thereafter at Gonville & Caius College, Cambridge and Glasgow University. He became an Advocate in 1978 and a QC in 1991. He is a practising Advocate, and the Company’s Senior Independent Director.
Russell AR Napier, Director
Russell Napier became a Director of the Company in 2009 and Chairman of the Audit Committee shortly thereafter. He joined Baillie Gifford in 1989 managing funds in the Japanese, US and, finally, Asian markets. He managed Asian portfolios for Foreign & Colonial Emerging Markets from 1994 and in 1995 became Asian equity strategist for stockbrokers CLSA in Hong Kong. Since 1999 he has been a consultant global macro strategist with CLSA Asia-Pacific markets. He is the author of ‘Anatomy of a Bear – Lessons from Wall Street’s Four Great Bottoms’ and he has established and runs a course called ‘A Practical History of Financial Markets’ at The Edinburgh Business School. He is a director of the Didasko Education Company Limited, Orlock Advisors Limited and the Scottish Investment Trust PLC.
Harry J Morgan, Director
Harry Morgan became a Director of the Company in 2012. He is currently head of private investment management for Thomas Miller Investment, based in Edinburgh, and sits on the board of Thomas Miller Investment Limited. His previous role was as head of investment management at Adam & Company. He also held senior roles at Newton Investment Management and Edinburgh Fund Managers. He has over 29 years’ experience of managing portfolios for private clients and charities, having started his investment career in London in 1984. He is a Chartered Fellow of the Chartered Institute For Securities & Investment, holds the IMC and has a post-graduate Diploma in Business Administration.
Alan G Scott, Director
Alan Scott became a Director of the Company in 2012. He has over 25 years’ experience in banking, within the Royal Bank of Scotland Group, across various divisions including Retail, Corporate and Wealth. In 2003 he joined Adam & Company International in Guernsey as a relationship manager for a portfolio of offshore clients and trusts and in 2004 moved to Adam & Company’s onshore operations, where he is an associate director, relationship management, providing a range of wealth management services to a portfolio of private banking clients.

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