Stockholm (NordSIP) – The United Nations-supported Principles for Responsible Investment (PRI) organisation has announced a nominee to succeed current Chair Martin Skancke, whose third and final term in the role will come to an end this year. Pending approval by a majority vote at the forthcoming PRI Signatory General Meeting on 13 September 2023, Conor Kehoe is due to take up the position as of January 2024.
Kehoe’s experience includes 30 years with McKinsey & Co, during which time he co-founded the firm’s Investor and Private Equity practice, as well as the US-based Focusing Capital on the Long-Term (FCLTGlobal) research organisation. Kehoe has also gained considerable experience with sustainable investment issues, having chaired the International Integrated Reporting Council (IIRC) and been a member of the G7 Impact Taskforce (ITF) on Impact Accounting.
PRI Chief Executive Officer David Atkin said: “We are thrilled to announce Conor’s nomination as Chair and look forward to proposing him formally to our signatories later this year. Conor’s proven ability to lead on key elements of strategic organisational development make him the ideal candidate to lead the Board as it shapes PRI’s direction of travel as the organisation continues to advance its offering to signatories. We look forward to realising the benefit of his invaluable experience as we begin to plan the PRI’s next strategy period from 2024 to 2027, and specifically on how we can enact the remit delivered to us by the ‘PRI in a Changing World’ consultation to ensure we are supporting signatories fully in their responsible investment journeys.”
Kehoe takes the reins of the organisation at a time when the PRI is seeking to adapt to a large and diverse membership with a broad range of interpretations of responsible investment based on their mandates, geography, and other factors. The input from members received as part of the PRI in a Changing World consultation will serve to determine new pathways and reassess the organisation’s mission statement and governance.