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ICGN Financial Capital Committee

ICGN Financial Capital Committee

ICGN Financial Capital Committee focused on corporate reporting (financial & sustainability), materiality, capital allocation, accounting and auditing standards, risk, internal controls, internal audit, audit committees, and external audit.

ICGN Financial Capital Committee.

James Andrus

James Andrus
CalPERS

Committee Co-Chair

James Andrus is an Investment Manager in Global Equity. CalPERS’ is the largest public pension system in the United States with approximately $350 billion in global assets.  James leads the legal and regulatory financial market agenda focused on data and corporate reporting transparency.

He is a member of the Disclosure and Transparency Committee of International Corporate Governance Network.  Prior to joining CalPERS in 2014, James served as a Corporate Partner at the law firm K&L Gates where he formed alternative investment funds and led mergers and acquisitions in the technology and gaming industry. While at K&L Gates, James also served as the President of the King County Bar Association representing more than 14,000 lawyers in Seattle/King County.  James began his legal work as a Finance Associate with Mayer Brown in Houston and  began his professional career as a Quartermaster Captain in the United States Army.

In community service, James served on the Board of Pioneer Human Services for 9 years.  Pioneer is a $100,000,000 social entrepreneurship organization and operates companies that assist people with criminal histories in productively returning to society.  He also served on the Board of Governors of the Central Washington Business School.

James is a graduate of the University of Texas School of Law in 1995 and the United States Military Academy at West Point in 1987.

James Andrus

Nga Pham

Nga Pham

Nga Pham
Monash Centre for Financial Studies

Committee Co-Chair

Nga Pham is a research fellow at the Monash Centre for Financial Studies (MCFS). She works on issues related to pensions, ESG and shareholder activism. Nga is a member of the Advisory Board of the Mercer CFA Institute Global Pension Index.

Nga is currently also a co-chair of the ICGN’s Financial Capital Committee. Before that, she was a member of the Disclosure and Transparency Committee of ICGN.

Before joining Monash University, Nga was a consultant at the International Finance Corporation, a member of the World Bank Group, working for the Vietnam Corporate Governance Project. Her work involved raising awareness, regulatory advocacy, capacity building and firm advisory activities in corporate governance for companies in Vietnam. She had also worked in equity research at Vietnam Asset Management and Bien Viet Securities (now Woori CBV Securities).

Nga was also an academic at Hanoi University in Vietnam for more than 15 years. She had assumed various leadership roles, including the Executive Director of La Trobe – HANU joint programs, Vice Dean and Dean of the Faculty of Management and Tourism. In addition, she taught the MBA and Master of International Business programs at La Trobe University in Melbourne in various areas of finance such as corporate governance, investment and portfolio management, corporate finance and international finance.

Nga has a BCom from the University of Melbourne, MBA and PhD degrees from La Trobe University. She received the AusAID scholarship and the Australian Leadership Award from the Australian Government.

Nga is a CFA charterholder and an active volunteer and member of the CFA Society Melbourne.

Roberto Danel

Roberto Danel
Control de Gestion de Negocios, S.C.

As a Corporate Governance consultant, he advises shareholders, investors, the Board of Directors and its Committees, advisors, and senior management. He also supports the succession planning of companies, mainly family owned.

As an independent director, he is member of the Board of Directors of: Ganaderos Productores de Leche Pura (ALPURA) and its Executive Committee; he is member of the Audit Committee, of the Corporate Practices Committee and the Sustainability and Risks Committee; at Consorcio ARA in its Audit Committee, and he chairs its Corporate Practices Committee; of the Mexican Council of Credit Unions (Consejo Mexicano de Uniones de Crédito [CONUNION]), he chairs its Corporate Practices Committee; of Santander Asset Management; of Grupo Agroindustrial SALVI and its Board Committee; of Grupo Ángeles Servicios de Salud, he chairs its Audit and Corporate Practices Committee; of Grupo Herdez, he chairs its Audit Committee and chairs its Corporate Practices Committee; of Grupo Imagen Medios de Comunicación, he chairs its Audit and Corporate Practices Committee; of Grupo Real Turismo, he chairs its Audit and Corporate Practices Committee; of Unión de Crédito para la Contaduría Pública and its Corporate Practices Committee. He has been member of the Board of Directors of Afore Santander and its Investment Committee, up to its sale; of BANSEFI Audit Committee.

Advisor on corporate governance of the Mexican Banking Association (ABM]); of the Mexican Association of Specialized Financing Companies (AMFE); of the Mexican Association of Insurance Companies (AMIS); of the Mexican Association of Financial Lease, Credit and Factoring Companies (AMSOFAC); of the Mexican Stock Exchange (BMV); of the Financial Coordinating Council; of the National Agriculture and Farming Council; of Grupo ADO; of Grupo Bimbo; of Valanza México (BBVA); of the INFONAVIT Sectorial Business Directorate; of Nacional Financiera; of Servicios Financieros Navistar (International); of Toyota Motor Sales de México; of Walmart México.

Roberto Danel

Andrew Hobbs

Andrew Hobbs

Andrew Hobbs
Ernst & Young

Andrew leads EY’s EMEIA Public Policy team which works with key stakeholders to strengthen the working relationship between the public and private sectors.  A qualified solicitor (23 years PQE), Andrew is particularly interested in the role of good governance for business success.  His team is currently covering policy areas like risk management, viability, sustainability reporting, the future of audit & assurance, anti-fraud, anti-money laundering, the role of tax intermediaries, data governance and ethics in AI.

Andrew is vice-chair of the Corporate Governance Policy Group of Accountancy Europe.  He is a member of the Asia Corporate Governance Association India Working Group, the Corporate Governance Committee of the Business and Industry Advisory Committee at the OECD and the Research Advisory Board of the Institute of Chartered Accountants in England & Wales.  He chairs the Corporate Governance Working Group of the European Contact Group whose members comprise the 6 largest audit networks across the EU.  He is a regular blogger on the role of corporate governance in trust.   Finally, as an experienced charity trustee, he speaks regularly to charities and social entrepreneurs about good governance.

Natasha Landell-Mills

Natasha Landell-Mills
Sarasin & Partners

Natasha has a background in development economics and responsible investment. Prior to joining Sarasin & Partners, she spent over 6 years as the Senior Analyst leading ESG integration and several strands of policy work at the Universities Superannuation Scheme’s Investment Management arm; and four years in Budapest working with OTP Fund Management and the European Bank for Reconstruction and Development. Before moving into finance, Natasha spent a number of years working on sustainable development issues in Asia, Africa and Latin America. Natasha started her career as an Overseas Development Institute Fellow, working as the Chief Economist in the Guyana Forestry Commission.  Natasha is currently a member of the Accounting and Auditing Practices Committee of the International Corporate Governance Network, and participates in a number of corporate governance and responsible investment fora. Natasha sits on the Investment Committee for the Cambridge University Assistants’ Contributory Pension Scheme and my non-executive directorship at Carbon Tracker. Natasha has a degree in Economics from Cambridge University, an MSc in Natural Resource and Environmental Economics from University College London, and is a CFA Charterholder.

Natasha Landell Mills

Cedric Laverie

Cedric Laverie

Cedric Laverie
Institutional Shareholder Services

Cédric Lavérie is Head of French Research at Institutional Shareholder Services, a leading provider of governance and responsible investment solutions to the global financial community. He is managing a team in charge of producing research and voting recommendations on French companies for clients globally, engaging with management and directors, monitoring corporate governance developments and ensuring that voting guidelines reflect good market standards, investor needs and best practice. Prior to this role, he was Head of Corporate Governance at Amundi in charge of proxy voting and shareholder dialogue globally and also worked as a corporate governance analyst at Credit Agricole Asset Management and AXA Investment Managers and in risk management at Paribas (Suisse) SA. He holds graduate degrees in Banking-Finance from Paris II University, International Economic Law from Paris X University and Politics from New York University.

Nana Li

Nana Li

Impax Asset Management

 

Head of Sustainability & ESG, Asia-Pacific, Associate Director. Nana joined Impax in 2022 and is responsible for leading Impax’s sustainability and ESG research and advocacies in Asia-Pacific. Nana researches, prioritizes and organizes ESG engagements with Impax’s investee companies, manages external sustainability and ESG-related inquiries, and assists in the ongoing development of the Impax proprietary ESG-analysis and methodologies.

Prior to joining Impax Nana worked as the Research and Project Director, covering China, at the Asian Corporate Governance Association (ACGA). At ACGA, Nana published five significant reports relating to corporate governance research in Asia. Whilst there she also presented to the Shanghai and Shenzhen stock exchanges, the Shenzhen Asset Management Association, and spoke at international conferences hosted by a number of financial institutions and international organisations including Emerging Markets Investors Alliance, GRI, AmCham Shanghai, and the International Corporate Governance Network.

Nana has an MBA from the University of Chicago (Honors), a Master of Finance from the University of Hong Kong (Dean’s List), and a Bachelor of Commerce from the University of New South Wales (Distinction). She is a CFA charterholder.

Nana Li

Ronnie Lim

Ronnie Lim

Ronnie Lim
Robeco

Ronnie Lim is the Senior Engagement Specialist at Robeco and heads stewardship and sustainable investment activity in Asia (including Japan). He works with investment teams to influence portfolio companies in order to catalyse change in strategy, governance, capital management and ESG performance. His focus is on shareholder value creation via constructive engagement.

He represents Robeco in public fora, advocating for improving effective investor stewardship and ESG/Sustainability standards with regulators and other key stakeholders. He is an active member of the Asian Corporate Governance Association (ACGA), participating in its Japan and Korea Working Groups, and is a Council Member of the ACGA. He also serves on the Financial Capital Committee of the International Corporate Governance Network (ICGN).

Prior to joining Robeco, Mr. Lim held a number of global investment roles based in Asia and London. From 2003 to 2007, he was Head of Sustainable Investment Research at Aviva Global Investors in London, where its Sustainable and Responsible Investment team was top-ranked by Extel for four years. He later joined Climate Change Capital as portfolio manager for the Global Environmental Opportunities Fund and institutional mandates. Mr. Lim also worked in listed equities at Cazenove, CLSA and RBS where he led regional sales teams. He also contributed to non-profit boards as a director of the Association of Sustainable and Responsible Investment Asia (ASRIA) from 2014 to 2017. Mr. Lim was educated in England and holds  BSc and MSc degrees from UK universities in Economics and Environmental Science, and is an Associate of CFA UK.

David Madon

David Madon
International Federation of Accounts

Mr. Madon joined IFAC in 2019, where he is Director, Public Policy & Regulation. There, he develops policy positions, conducts research, and manages external relationships with a broad range of stakeholders, including industry trade organizations, regulators, public authorities, and institutional investors. His most recent work has focused on the development of a global reporting system for sustainability/ESG information. Prior to IFAC, he represented the IFRS Foundation in the U.S. for nine years - focused on institutional investor relationships, funding-raising, and the adoption of IFRS Standards. Areas of expertise include corporate reporting (both financial and sustainability/ESG), corporate governance, investor protection, financial market regulation, and credit markets. Prior to his public policy work, Mr. Madon worked in financial services for twenty-five years, most recently as a Managing Director at Dresdner Kleinwort Wasserstein. He began his professional career in internal audit at First Chicago (now part of JP Morgan). He is a graduate of the Harvard Kennedy School (Masters in Public Administration-MC), The Booth School of Business (M.B.A. Finance) and Purdue University Northwest (B.S. Management-Accounting).

David Maddon

David Trenchard

David Maddon

David Trenchard 

Elliott Advisors (UK) Limited

David recently joined Elliott Advisors (UK) Limited to work with them on all aspects of shareholder engagement and stewardship. Prior to Elliott he has had a long career in investment banking, communications and activist investing, most recently working as an independent consultant in the fields of corporate governance and shareholder engagement. He is also a Non-Executive Director of Integrum ESG Ltd.

David served two terms as a Member of Council at the Institute of Directors (IoD), also sitting on the Audit and Risk Committee. On stepping down from that role, David was invited to join the Advisory Board of the IoD’s Centre for Corporate Governance.

He had previously spent 25 years in investment banking – mostly at Morgan Stanley – where he held various senior posts in equity sales, capital markets and investment banking in Europe, North America and Asia. Latterly at Morgan Stanley he was a London-based Managing Director in Equity Capital Markets and Head of Corporate Broking.

George Iguchi

George Iguchi
Nissay Asset Management

George Iguchi is Chief Corporate Governance Officer and Senior General Manager of the Equity Investment Department at Nissay Asset Management, responsible for stewardship activities and equity research. 

He is Board Governor of International Corporate Governance Network (ICGN) from 2015 to 2021, and also a member of IFRS advisory council from 2019.He is a member of a Technical Committee at Accounting Standards Board of Japan (ASBJ), Disclosure Working Group and Audit Committee of Business Accounting Council at Financial Services Agency (FSA), the Forum for Integrated Corporate Disclosure and ESG Dialogue Forum at Ministry of Economy, Trade and Industry (METI), etc.

His published reports and books include: ““Effective Disclosure of financial and non-financial information for ESG investments ”,Shoji-homu(2018),co-author of “Corporate Governance and Sustainable Growth of Corporates”, Shoji-homu(2018), co-author of “Practical Introduction to Corporate Governance Code”, Nikkei BP(2018),“The materiality of ESG factors on Corporate Value”, Securities Analysts Journal 51 (2013), “Corporate Governance with a Narrative Story”, Shoji-homu (2014), etc. 

 He received BA in Economics from Osaka University and is a CFA charter holder.

George Iguchi

Anne Molyneux

Anne Molyneux

Anne Molyneux
CS International

Anne Molyneux is a Director of CS International, a global consulting firm. She is an experienced director and former trustee of pension funds and is a Chartered Accountant. She advises in corporate governance and reporting, banking and securities regulations. She served as Vice-Chair of the ICGN Board of Governors, stepping down in 2020.

Anne has developed public and private sector corporate governance practices, including for companies, banks, regulators and stock exchanges. Her work includes the development of corporate governance codes, board policies and practices, board and committee charters. She undertakes board evaluations, audit committee advice and support, scorecards for national and company assessments and capacity building in sustainability and corporate governance and monitoring and enforcement mechanisms. In addition to private company and state-owned enterprise clients, her clients include the OECD, the World Bank, the International Finance Corporation (IFC), and the Asian Development Bank (ADB). She has wide experience in Asia, South Asia, Africa, Australia and Europe.

Anne is a business representative and contributor to the OECD Corporate Governance Steering Committee. She is an invited member of the OECD Asian Corporate Governance Roundtable. She represents the ICGN, the global investor community, on the International Auditing and Assurance Standards Board (IAASB) Consultative Advisory Group, the International Ethics Standards Board for Accountants (IESBA) Consultative Advisory Group and the International Integrated Reporting Council (IIRC). She is a fellow member of the Australian Institute of Company Directors, has a Master of Management and is a former member of the IFRS Advisory Council.

Lamia El Bouanani

Lamia El Bouanani
Moroccan Institute of Directors

Lamia is the executive director of the Moroccan Institute of Directors (IMA) since 2012. She worked with national and international partners on establishing in 2013 a pioneering certificate training program for board directors in Morocco, which comprises today over 400 certified directors. She also work with listed companies, pension funds, SOEs and financial institutions to develop board evaluation tools and trainings tailored to the new requirements of local regulators. She was instrumental in expanding the governance-training program to West Africa region through a partnership with INAD-CI (the local Institute of Directors of Côte d’Ivoire) resulting in providing certified training program to the 283 board members of State-owned enterprises in Côte d’Ivoire in 2019-2020.

Lamia authored and co-authored several articles (Huffpost, national financial media outlets) and reports on corporate governance issues including a chapter in the publication “Corporate Governance in Emerging Markets” (Springer, 2014). Prior to her appointment at IMA, Lamia served as the special advisor of the CEO of the Caisse de Dépôt et de Gestion from 2009 until 2015. She started her career in 2004 managing development-related projects in various international organizations in France and Morocco: Parliamentary Network on the World Bank, American Bar Association and the UNDP-Global Environment Facility. Lamia was awarded the ICGN scholarship in 2013. She earned a master’s degree in international affairs in 2001 and a post-graduate degree in applied economics from Sciences Po Paris (IEP Paris).

Lamia Elbounani

Luz Rodriguez

Luz Rodriguez
Colorado Public Employees’ Retirement Association

Luz Rodriguez has ten years of corporate governance and investment stewardship experience. She has advocated for shareholder rights and regulatory reforms that foster trust in the global capital markets.

Luz Rodriguez serves as the corporate governance lead and contributes to the development and implementation of the investment stewardship program for the $60 billion Association. The Investment Stewardship Division ensures compliance with PERA’s proxy voting guidelines; monitors company engagement activity; and provides reports to the Investment Committee of the PERA Board of Trustees. Ms. Rodriguez is a deputy board member of the Council of Institutional Investors.

Prior to joining the Investment Stewardship Division, Ms. Rodriguez was the Director of the Legal Services and Corporate Governance Division at PERA. She was responsible for overseeing PERA’s administrative review process, securities litigation policy implementation, the coordination of internal and external counsel, proxy voting, engagement with companies and partnerships in which Colorado PERA invests, and reporting to the Shareholder Responsibility Committee of the PERA Board of Trustee.

After graduating with an accounting degree from the University of Colorado in 2003, Ms. Rodriguez worked in investment accounting and was responsible for the pension payroll for Colorado PERA, which is the 23rd largest pension plan in the United States and serves as the pension fund for over 630,000 current and retired Colorado Public servants.

Luz Rodriguez