Following the discussion and unanimous vote of the Board, we are delighted to announce on behalf of the Global Philanthropic Board and staff that Malcolm Hutton is appointed our first ever Honorary President.

Malcolm’s contribution, since the formation of the company nearly twenty years ago, has been quite phenomenal. He has a vast amount of experience in the financial sector and became a Director of Global Philanthropic in February 2003. We are quite sure the business would not be in the place it is currently without the steady advice and stewardship from Malcolm.

Global Philanthropic has relied heavily on Malcolm’s wisdom and advice over the years. We hope in his capacity as Honorary President that we might turn to seek his wisdom at critical moments of development in the Company in the future. However, most importantly, this appointment has been proposed because we wish to recognise the enormous contribution in philanthropy and to the Group that Malcolm has had in the most appropriate way.