Ellerston Asian Investments Limited announced the resignation of Chairman Ashok Jacob. Mr. Jacob remains a major shareholder in EAI and as the Executive Chairman of Ellerston Capital Limited, the investment manager of EAI. The Board announced that Mr. Bill Best, who has been an independent non-executive director of EAI since December 2018 has been appointed Chairman, effective 19 February 2020. Bill brings more than 30 years of investment, advisory and capital markets experience. Bill is currently Chairman of Inala, an organisation supporting individuals with disabilities, Chairman of Liverpool Partners and acts as an advisor to On Market Bookbuilds. Bill is also a director of the Australian Chamber Orchestra. He was previously Chairman of LifeHealthcare Limited and an Executive Director of Macquarie Bank.