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CEO Stepping Down From Australian Impact Investor Group

Tom Burroughes

21 February 2017

Impact Investing Australia, the organisation set up in 2014 to promote this form of money management, confirmed to this publication that chief executive Daniel Madhavan is to leave his role at the end of March. He has been at the group since October 2014.

Previously, Madhavan had worked for 12 years at wealth management firm JBWere, holding roles including those of chief operating officer and acting CEO. His role is not being replaced.

In a separate but related development, the Global Impact Investing Network, an organisation drawing together practitioners seeking to drive broader outcomes via investing, appointed a new chairman, Mark Grier. He takes over from Antony Bugg-Levine, who held the role for seven years. Grier, who has been named board chair, serves as vice chairman of US-based Prudential Financial.