'Givewell' Boss New EIA President
16 October 2002 at 1:10 pm
Michael Walsh, the founder of the Australian charity monitor Givewell, is the newly elected President of the Ethical Investment Association. His challenge he says will be to give non-government organisations a clearer picture of what the Association stands for!
Walsh says he’s conscious of the long list of ethical investments by Not for Profit organisations as well as the work by organisations like the Christian Centre for Socially Responsible Investing and the Ethical Investment Working Group.
He says it’s fair to say that the EIA roots come more from the green side of ethical investments and his job as President will be to create a working relationship between the green and the religious sides within the EIA.
He says the balance of the new board reflects the grass roots support for ethical investment as well as a strong general Not for Profit involvement.
Joining the board is David Andrews, the founding chairman of the Christian Centre for Socially Responsible Investing.
The newly appointed chief executive officer Louise O’Halloran works for the
Art Gallery of NSW and has experience as a corporate fundraiser within the Not for Profit sector.
Chartered accountant and EIA Treasurer, Glenda Nixon is a prominent member of the YWCA.
Walsh says the strong green foundation established by Robert Rosen allows the EIA to extend its reach into areas such as human rights.
He says the challenge is to respond to the different needs of SRI investors, who all invest for very different reasons.
Walsh says a clearer picture of the forward agenda will emerge after its next meeting in October.
More information of the Ethical Investment Association can be found on its web site at www.eia.org.au.