LONDON--(BUSINESS WIRE)--Arabesque is pleased to announce the appointment of three new non-executive directors to the Board. Subject to regulatory approval, the new members of the Board are:
- Dr. Carolyn Woo, former CEO and President of Catholic Relief Services.
- John Ruggie, the Berthold Beitz Professor in Human Rights and International Affairs at the Harvard Kennedy School.
- Yolanda Kakabadse, President of WWF International. Ms. Kakabadse’s role on the Board will commence on January 1st 2018, following the completion of her term of office at WWF International.
They join Barbara J. Krumsiek, former CEO and President of Calvert Investments, and Georg Kell, founding Executive Director of the United Nations Global Compact, on the Board of Directors.
Speaking on today’s announcement, Chairman Georg Kell, said: “For the next phase of Arabesque’s growth, we have been looking to add globally recognised leaders in sustainable development to the board. I am delighted to welcome Yolanda Kakabadse, Professor John Ruggie, and Dr. Carolyn Woo to Arabesque. Their expertise in the respective fields of the environment, human rights, and faith-based investing will prove invaluable for the continued development of our company."
Kell said: “I have no doubt they will contribute significantly to our long-term success, and to achieving our vision of mainstreaming sustainable finance. This board has the capacity, experience and determination to guide Arabesque to become a leader in ESG investment.”
Omar Selim, CEO of Arabesque, said: “Under the chairmanship of Georg, our new board includes some of the most respected names in their fields. I am deeply humbled by the gravitas they bring to the firm, and of their shared commitment to using finance as a tool that can help create a more sustainable world. Working together, our vision is to grow and expand ESG investing around the globe.”
Arabesque is an asset management firm, spun off from Barclays Bank in 2013, that uses self-learning quantitative models and big data to assess the performance and sustainability of listed companies. The firm’s rules-based approach to stock selection integrates environmental, social and governance (“ESG”) information with financial and momentum analysis, processing over 100 billion data points via 250,000 lines of code to construct its strategies, and to deliver a range of ESG investment products.
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Notes to editors
For all media enquiries and interview requests, please email Ciaran McCale at Ciaran.mccale@arabesque.com or call 0044 7956 175 100
About Arabesque
Arabesque is a specialist ESG Quant fund manager that uses self-learning quantitative models and big data to assess the performance and sustainability of globally listed companies.
Arabesque was launched in 2013 following a management buyout from Barclays Bank PLC, and was built in cooperation with professors from the universities of Stanford, Cambridge, Oxford, Maastricht, and the German Fraunhofer Society, in support of the United Nations Global Compact. Arabesque is regulated by the FCA in London.
