The Board of Contango Income Generator Limited announced that at the company’s Annual General Meeting on 10 November 2016, Mr. Ian Ferres did not seek re-election as Chairman of the company. The company announced that Dr. (Philip) Andrew MacDonald has been appointed as a non-executive Director and Chairman of the company. He will also become a member of the CIE Audit Committee. Dr. MacDonald is a company director and management consultant with over 30 years’ experience in financial and professional services.