LONDON, 19 November 2012 - The Principles for Responsible Investment (PRI) Initiative today announced the appointment of Fiona Reynolds as Managing Director, based in London.
In this newly created role, Ms Reynolds will work alongside Executive Director, James Gifford, and will oversee key areas such as organisational development, signatory relations and outreach, communications, events, finance, operations, administration, reporting and assessment, support for the PRI governing bodies, and much of the day-to-day running of the organisation. She will start in February 2013.
Ms. Reynolds is currently CEO of the Australian Institute of Superannuation Trustees (AIST), a not-for-profit organisation whose mission is to promote and protect the interests of Australia’s $450 billion not-for-profit superannuation sector. Fiona was formerly a Director of AUSfund, Industry Funds Credit Control and the National Network of Women in Superannuation & Convenor of the Conference of Major Super Funds (CMSF). In October 2012 she was named as one of The Australian Financial Review’s 100 Australian women of influence. She has actively participated in the Australian Governments’ superannuation reform agenda as a Member of the Governments’ Peak Consultative Council.
“We are delighted to welcome Fiona Reynolds to the PRI team,” said Wolfgang Engshuber, Chair of the PRI. “Her deep understanding of the asset owner community, as well as her vast experience in organisational development, large-scale investor events and trustee education will add considerable depth to the PRI’s leadership team and contribute strongly to mission of the Initiative. ”
“I am delighted to be joining the PRI, and look forward to working alongside James Gifford, the board, staff and membership,” Ms. Reynolds said. “There is a strong match between the objectives of long term institutional investors and the aims of the PRI and I firmly believe that global investors working together can achieve the PRI’s goals of a sustainable financial system. I have watched the PRI, its membership and its importance grow and I look forward to being part of its future development.”
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About the PRI: The UN-backed Principles for Responsible Investment is an investor initiative in partnership with UN Environment Program Finance Initiative and the UN Global Compact. Launched by former UN Secretary-General Kofi Annan in 2006, it encourages adoption and implementation of the six Principles and works toward the creation of a sustainable financial system. The initiative is managed by the PRI Secretariat and supports its signatories by sharing best practice, facilitating collaboration and managing a variety of support work streams. It is incorporated as a not-for-profit company limited by guarantee and is funded by an annual membership fee for signatories. More than 1,100 organisations have become PRI signatories, including many of the world’s largest asset owners and investment managers, and together they manage in excess of $32 trillion in assets. The Initiative is incorporated as a registered charity based in the United Kingdom. It has a staff of more than 40 and an annual income of more than £3M. See www.unpri.org for more information.