FRANCES A. SEVILLA-SACASA - Corporate Board Profile

abrdn National Municipal Income Fund

Filing Date	Source Excerpt
2012-07-02	Frances A. Sevilla-Sacasa Director since September 2011. Member of Audit Committee and Investments Committee. Age 73. Compensation $2,078 from the Funds.
2013-07-03	Frances A. Sevilla-Sacasa Director Since September 2011 ... Age 70 ... Audit Committee Member ... Investments Committee Member ... Total Compensation from the Funds: $3,130.
2014-07-01	Frances A. Sevilla-Sacasa 2005 Market StreetPhiladelphia,PA 19103 January 1956 Director Since September 2011 Chief Executive Officer BancoItaú International(April 2012Present) Executive Advisorto Dean(August 2011March 2012) andInterim Dean(January 2011July 2011) University ofMiami Schoolof BusinessAdministration 70 Trust Manager andAudit CommitteeMember CamdenProperty Trust ... Ms. Sevilla-Sacasa has over 30 years of experience in banking and wealth management. In electing her in 2011, the Independent Directors of the Board found that her extensive international wealth management experience, in particular, complemented the skills of existing Board members and also reflected the increasing importance of international investment management not only for dollar-denominated investors but also for investors outside the United States. The Independent Directors also found that Ms. Sevilla-Sacasas management responsibilities as the former President and Chief Executive Officer of a major trust and wealth management company would add a helpful oversight skill to the Boards expertise, and her extensive nonprofit board experience gave them confidence that she would make a meaningful, experienced contribution to the Board. Finally, in electing Ms. Sevilla-Sacasa to the Board, the Independent Directors valued her perceived dedication to client service as a result of her overall career experience. Ms. Sevilla-Sacasa holds B.A. and M.B.A. degrees. ... The Audit Committee of each Fund consists of the following Independent Directors appointed by the Board: Janet L. Yeomans, Chairperson; Joseph W. Chow; Lucinda S. Landreth; and Frances A. Sevilla-Sacasa. ... The Investments Committee consists of the following Independent Directors: J. Richard Zecher, Chairperson; Joseph W. Chow; Lucinda S. Landreth; Frances A. Sevilla-Sacasa; and Thomas K. Whitford. ... The following table sets forth the compensation received by each Independent Director from each Fund and the total compensation received from the Fund Complex as a whole during the twelve months ended April 30, 2014. Frances A. Sevilla-Sacasa $3,116 $215,667
2015-07-01	Frances A. Sevilla-Sacasa serves on the Audit Committee and Independent Directors Committee. Total compensation received from the Fund Complex as a whole during the twelve months ended April 30, 2015 was $233,833.32.
2016-06-29	Frances A. Sevilla-Sacasa, Director since September 2011, Chief Executive Officer Banco Itaú International (April 2012–Present), Total Compensation $242,417.
2017-06-30	Frances A. Sevilla-Sacasa is a Director since September 2011. She serves on the Audit Committee and Investments Committee. Each Independent Director receives an annual retainer fee of $170,000 plus meeting fees. Ms. Sevilla-Sacasa's total compensation from the Fund Complex was $266,483.40.
2018-06-29	Frances A. Sevilla-Sacasa $3,095.01 from the Funds, $271,933.36 from the Fund Complex; Director since September 2011; Age 60; Member of Investments Committee and Nominating Committee.
2019-07-16	Frances A. Sevilla-Sacasa Director Since September 2011 Age 59 Audit Committee Total Compensation from Fund Complex: $313,000
2020-07-15	The Nominating Committee is comprised of the following five Independent Directors appointed by the Board: Frances A. Sevilla-Sacasa, Chair; Thomas L. Bennett (ex officio); Ann D. Borowiec; Joseph W. Chow; and Lucinda S. Landreth, all of whom meet the independence requirements set forth in the listing standards of the NYSE and NYSE American. The Nominating Committee recommends nominees for Independent Directors for consideration by the incumbent Independent Directors of each Fund, and the Nominating Committee recommends nominees for Interested Directors for consideration by the full Board of each Fund. The Nominating Committee held four in-person meetings and one telephonic meeting during the fiscal year ended November 30, 2019 for DDF and DEX, and four in-person meetings and one telephonic meeting for the Municipal Funds for the fiscal year ended March 31, 2020.
2022-08-10	Frances A. Sevilla-Sacasa, January 1956, Trustee since September 2011, former CEO Banco Itaú International, compensation $365,333 from Fund Complex.