Mercia Asset Management PLC has appointed Janine Nicholls as a non-executive director.

She will become chair of the investor’s audit & risk committee when Dr Jonathan Pell retires from the board later this year.

 Nicholls recently stepped down as COO of Snowball Impact Management, a multi-asset impact investor, following its sale to Tribe Impact Capital.  She previously held the same role at private equity firms GHO Capital and Hermes GPE.