Oppenheimer’s Shah joins US SIF board

The trade group was established to encourage investors to embrace sustainable investment practices focussed on long-term outcomes

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Joe McGrath

Oppenheimer Funds’ sustainable investment boss, Aniket Shah, has been appointed to the board of directors at The Forum for Sustainable and Responsible Investment.

The Forum for Sustainable and Responsible Investment is more commonly known as the ‘US SIF’ due to its previous incarnation as the US Social Investment Forum.

Shah’s appointment is the latest addition to his impressive resume, which includes a stint as programme leader of the Financing for Sustainable Development Initiative at the United Nations’ Sustainable Development Solutions Network.

He is currently working to attain a doctorate in economic geography from Oxford University, focussing on sustainable finance at the Smith School of Enterprise and the Environment.

Announcing the news on Monday, Shah said he was “very excited” to be joining the board of directors at the Forum and to be “working with talented leaders to advance the industry.”

The organisation was established to encourage fund managers to adopt sustainable and long-term focussed investment policies that generate positive social or environmental change.

Leslie Samuelrich, president of Green Century Capital Management, has also been elected to serve a second term, along with Kimberley Gluck, managing director of the Boston Trust Board of Directors and Kurt Summers, treasurer of the City of Chicago.

“I have had the opportunity to work closely with Kimberly, Aniket, Kurt and Leslie and know the tremendous value they will bring to the US SIF board, particularly as we begin to roll out our new Strategic Plan,” US SIF chief executive, Lisa Woll said in a statement.

Michelle Clayman of New Amsterdam Partners, Justin Conway of Calvert Impact Capital, and Stephen Freedman, formerly of UBS are all departing the board.