Zurich, 27 February 2020 — Swiss impact asset manager responsAbility Investments appoints Michael Fiebig, who has been responsible for private equity investments at responsAbility for nine years, to the company’s Executive Management. As Chief Operating Officer, he will assume responsibility for the company’s regional offices and central functions such as Legal, Finance and Business Technology as of March 1. Michael Fiebig replaces Karin Schoch, who has left the company after five years.
Michael Fiebig has accumulated over 20 years of experience in impact investing and financial sector development in developing countries. This includes consulting and training banks and microfinance institutions, heading the business development and credit business of a commercial bank in the former Yugoslavia, as well as a leading a private equity management company as the Investment and Finance Director.
At responsAbility, Michael Fiebig and his global investment team have successfully built the private equity business for financial inclusion over the past nine years. Today, the business has USD 300 m in assets. In this role, Michael Fiebig held numerous supervisory board mandates in commercial banks, microfinance institutions, fintech companies and industry associations.
responsAbility CEO Rochus Mommartz is pleased to fill the position of Chief Operating Officer internally, and explains his choice as follows: "Michael Fiebig is an enthusiastic team player. He knows both the investment and the investor side of our business, has extensive management expertise at board and executive level across cultures and countries and is a driving force when it comes to exploiting the opportunities arising from applying digital technology to our business model. I look forward to a fruitful collaboration in this new constellation".
Contact Stacy Fiehler responsAbility Investments AG +41 44 403 06 86 stacy.fiehler@responsAbility.com
A leading impact asset manager with a 17-year track record, responsAbility manages USD 3.5 bn of assets invested in 450 ESG-managed high-impact companies across 90 emerging economies. Since the company's inception in 2003, responsAbility-managed funds have invested over USD 10 bn in private debt and private equity to companies in the sectors of climate finance, sustainable food and financial inclusion whose business models directly support the United Nation's Sustainable Development Goals (SDGs).
responsAbility is headquartered in Zurich, Switzerland, and has local offices in Bangkok, Geneva, Hong Kong, Lima, Mumbai, Nairobi, Oslo, Paris and Tbilisi. Owned by various reputable Swiss and international financial institutions, private investors and its own employees, responsAbility is registered with the Swiss Financial Market Supervisory Authority FINMA.
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