Weiss Korea Opportunity Fund announce that it has appointed Krishna Shanmuganathan to the Board of the Company as Non-Executive Director, effective immediately. Mr. Shanmuganathan also joins the Audit and the Management & Engagement committees of the Board. Mr. Shanmuganathan brings a wealth of experience to the Board of the Company and has been a Non-Executive Director of abrdn Asia Focus plc since June 2020.

He founded Scylax Partners in 2016, a provider of specialist advisory services, and prior to that was a managing partner at Hakluyt & Company (Asia), a risk advisory company, having established and led the Asia Pacific offices of the firm, based in Singapore. Before that Krishna held research and analyst roles at Fidelity International and Cambridge Associates after a successful and varied career in the Foreign & Commonwealth Office. He holds a number of other non-executive appointments including being on the advisory board of Serendipity Capital, chairman of the trustees of St Jude India Child Care Centres UK and a trustee of Solefield School Educational Trust.