PHILADELPHIA, Jan. 4, 2016 /PRNewswire/ -- The Asia Tigers Fund, Inc. (NYSE: GRR) (the "Fund"), a closed-end equity fund, announced today that Ms. Nisha Kumar has been appointed to the Board of Directors as a Class III Director, a member of the Audit Committee and a member of the Nominating Committee, effective January 1, 2016.
Nisha Kumar has been a Managing Director and the Chief Financial Officer and Chief Compliance Officer of Greenbriar Equity Group LLC since 2011. She was previously Chief Financial Officer and Chief Administrative Officer of Rent the Runway, Inc. during 2011. From 2007-2009, Ms. Kumar served as Executive Vice President and Chief Financial Officer of AOL LLC, a subsidiary of Time Warner Inc. She is a graduate of Harvard College and received her MBA from Harvard Business School. Nisha is a member of the Council on Foreign Relations.
Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of a fund's portfolio. There is no assurance that the Fund will achieve its investment objective.
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SOURCE The Asia Tigers Fund, Inc.