24 November 2014 – The International Corporate Governance Network (ICGN) announced two senior appointments today as part of a strategic focus to increase regulatory engagement and expand governance education. George Dallas joins the ICGN team as Policy Director and Tom Rotherham-Winqvist has been contracted as Education Advisor.
The ICGN is approaching 20 years of inspiring governance reform and membership continues to grow with institutional investors responsible for US$18 trillion in global assets based in 50 countries. ICGN’s Managing Director, Kerrie Waring, said:
By expanding the team, we will increase our capacity to develop guidance, respond to public consultations and engage with regulators, ultimately to inspire good governance practice for companies and investors alike. Our education priorities will complement this policy work by continuing to deliver high-quality training delivered ‘by investors, for investors’. Since being awarded a mandate by the European Commission in 2011, we have delivered ESG training in seven jurisdictions and we will expand this with new partnerships.
Erik Breen, ICGN Chairman, added:
We are delighted with the appointment of George and Tom, both of whom are vey highly regarded in the global governance community. Their appointments will help maintain the ICGN’s position as the leading international voice for investors on governance reform and will strengthen our ability to serve members in helping them to effectively exercise their shareholder rights and responsibilities.
In his role as Policy Director, George Dallas will coordinate ICGN’s governance polices and committees, and will also take an active role in ICGN’s regulatory outreach. He has been a member of ICGN since 2000, has also been Chairman of its Business Ethics Committee since 2009. Prior to joining ICGN, George was Director of Corporate Governance at F&C Investments, and previously was a Managing Director at Standard & Poor’s, where he held a range of managerial and analytical roles, including as head of Standard & Poor’s European credit rating operations. He began his career in corporate banking at Wells Fargo Bank, and is published widely, including the book Governance and Risk (McGraw-Hill, 2004). George Dallas said:
As a longstanding member of ICGN I am very pleased to join its Secretariat to support ICGN policy initiatives. I am a strong proponent of ICGN’s mission to raise standards of corporate governance for the benefit of investors and other stakeholders, and am convinced that there remains ample scope for ICGN continuing to build its thought leadership, outreach and impact. I very much look forward to contributing to this mission.
As Education Advisor, Tom Rotherham-Winqvist will be exploring strategic partnerships to take the ICGN Education initiative to the next level and expand its scope. Tom was previously Director for Private Markets Policy at Hermes Equity Ownership Services and its owner, the British Telecoms Pension Scheme which is the UK’s largest pension fund with c. £40bn AUM. He now consults on long-term investing, primarily as Advisor to the CEO of the Institutional Investors Roundtable. Tom has been on the faculty of the ICGN’s education programme since its inception and has previously worked at INSEAD and lectured at Imperial College, London. Tom Rotherham-Winqvist said:
Well governed companies should be rewarded with a lower cost of capital. This goal can only be achieved if investors have the confidence and skills to assess a broader range of factors, including those that are material to financial performance but difficult to quantify using traditional investment tools. With three years of experience delivering its peer-to-peer education program, the ICGN is ready to partner with leading education and training organisations to promote the integrated analysis skills that will be required by tomorrow’s best investors.
The International Corporate Governance Network (ICGN) is an investor-led organization of governance professionals established in 1995, the same year as my blog on Corporate Governance. ICGN’s mission is to inspire and promote effective standards of corporate governance to advance efficient markets world-wide. Our investor members represent assets under management in excess of US$18 trillion… so they’ve grown substantially. I know George Dallas will make a substantial contribution to ICGN and the field in general. I don’t know Tom Rotherham-Winqvist, but I assume he will be a great addition as well.
ICGN Boston Event
Mark your calendar: ICGN Boston Event – 29-30 September. ‘The penultimate event in 2015’ is hosted by the Council of Institutional Investors (CII), a founding ICGN Member. Taking place at the beautiful Westin Copley Hotel, the event will begin with an afternoon debate and welcome reception, followed by structured workshops the next day around board selection, nomination and effectiveness. The event will be attended by global investors and US companies and precedes the annual CII Fall Meeting taking place at the same hotel.