New directors chosen from leadership of the group’s global Member organizations
Boston, MA, 2 January 2019 – FCLTGlobal, a not-for-profit organization that works to encourage a longer-term focus in business and investment decision-making, is pleased to announce the addition of six new members to our Board of Directors. The following executives joined the board effective January 1, 2019:
- Vijay Advani, CEO, Nuveen Investments Inc
- Leni Boeren, CEO, Kempen Capital Management
- Peter Harrison, Group Chief Executive, Schroders
- Geraldine Matchett, CFO, DSM
- Kevin Sneader, Global Managing Partner, McKinsey & Company
- Howard Ungerleider, President and Chief Financial Officer of Dow, and Chief Financial Officer of DowDuPont
All six of the new directors were selected for their proven leadership in the area of long-term investment. Each holds a senior executive role at one of FCLTGlobal’s 50 Member organizations, which together represent companies around the world and across the global investment value chain.
“I am thrilled to welcome our group of new board members. These individuals bring a wealth of experience and leadership in advancing long-term strategies at their own organizations,” said Mark D. Wiseman, Chair of the Board of FCLTGlobal and Global Head of Active Equities and Chairman of Alternative Investors for BlackRock. “Each new board member will be a great asset to FCLTGlobal’s future and to our mission to drive long-term change in capital markets.”
FCLTGlobal expresses deep appreciation to the board directors that recently completed their tenures and continue to counsel FCLTGlobal as Strategic Advisors: Dominic Barton, Global Managing Partner Emeritus, McKinsey & Company; Else Bos, Executive Director and Chair of Prudential Supervision, De Nederlandsche Bank; and Andrew Liveris, former Chairman and CEO of The Dow Chemical Company and Executive Chairman of DowDuPont. Each has been instrumental to FCLTGlobal’s success since its inception in 2016 and left an indelible impact on the organization.
“As inaugural members of the Board of Directors of FCLTGlobal, Dom, Else, and Andrew guided our team and our strategy from the outset. We are grateful for their invaluable service and thank them for their continued support as Strategic Advisors. We’re excited to continue our important work together,” said Sarah Keohane Williamson, FCLTGlobal’s Chief Executive Officer.
FCLTGlobal will convene its new board for the first time in January to discuss the organization’s research priorities and strategic direction around long-term investment.
FCLTGlobal is a 501(c)(3) not-for-profit dedicated to developing practical tools and approaches that encourage long-term behaviors in business and investment decision-making. It takes an active and market-based approach to achieve its goals. By conducting research and convening business leaders, FCLTGlobal develops tools and generates awareness of ways in which a longer-term focus can increase innovation, economic growth and future savings. FCLTGlobal was founded in 2016 by BlackRock, Canada Pension Plan Investment Board, The Dow Chemical Company, McKinsey & Company, and Tata Sons out of the Focusing Capital on the Long Term initiative. Its membership encompasses asset owners, asset managers and corporations from around the world.
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