Gerald MaloneGerald Malone, independent chairman of several closed- and open-end funds for Aberdeen Asset Management, has taken to the Philadelphia-based firm’s magazine for closed-end fund investors to share his views on the roles and responsibilities of independent directors. “More than the defender of shareholders’ interests, independent directors are custodians of the public interest; quite a burden of responsibility for a role often depicted by ill-informed observers as a sinecure,” he said in the fall issue of ....