New independent representatives from business and politics
responsAbility Investments AG strengthens its Board of Directors
Zurich, 30 June 2017 — responsAbility, the asset manager specialising in development investments, elected three new members to the Board of Directors at its annual general meeting on 29 June. The new independent members strengthen the board with their expertise in the areas of emerging markets and private equity, and with their strategy and management experience in the financial industry and politics.
The Swiss-British dual national Nadya Wells has spent a large part of her career in asset management, including private equity, and has a deep understanding of companies in Eastern European countries, in particular, through her work as a portfolio manager, investment analyst and board member at banks in emerging markets.
The Swiss national Dr. Ivo Furrer has decades of experience in the financial sector – both at insurance companies and also at banks – and was most recently CEO Switzerland and member of the corporate executive board at Swiss Life Group. He also has experience as a board member at other companies.
Dr. Klaus Tschütscher, former prime minister and finance minister of the principality of Liechtenstein, is very familiar with the political environment in the financial sector all over Europe. He also has extensive corporate experience from his work as an independent representative on various boards of directors.
After 14 years on the Board of Directors, the Dutch impact investor Stephen Brenninkmeijer, who has guided responsAbility very closely as an investor since the company was founded, will no longer stand for re-election. Kaspar Müller, Chairman of the Board of Directors, thanks Stephen Brenninkmeijer for his long-standing support and stresses that the company owes him a lot.
‟The planning and development of the Board of Directors are central tasks that focus on long-term prospects and continuity as priorities,” Kaspar Müller says, explaining the new structure of the Board of Directors. “responsAbility has enjoyed strong growth in recent years. The new members of the Board of Directors bring expertise in the area of strategy and management, as well as in emerging markets and private equity, to our board. At the same time, this step enables us to achieve an appropriate balance between shareholder representatives and independent board members.”
Dr. Klaus Tschütscher
Dr. Ivo Furrer
responsAbility Investments AG
Ulli Janett, Media Relations
+41 44 403 06 33
ulli.janett [at] responsAbility.com
About responsAbility Investments AG (responsAbility.com)
responsAbility Investments AG is a leading asset manager in the field of development investments that offers professionally managed investment solutions to private, institutional and public investors. The company supplies debt and equity financing to firms in emerging economies and developing countries.
responsAbility currently has USD 3.1 billion of assets under management invested in over 550 companies in 97 countries. Founded in 2003, the company is headquartered in Zurich and has local offices in Bangkok, Hong Kong, Lima, Luxembourg, Mumbai, Nairobi, Oslo and Paris. Its shareholders include a number of reputable institutions in the Swiss financial market and its own employees. responsAbility is regulated by the Swiss Financial Market Supervisory Authority FINMA.