This article is from the Australian Property Journal archive
THE Liberman-backed Impact Investment Group has appointed Daniel Madhavan as the new CEO, following the sudden departure of co-founder and former CEO Chris Lock.
Madhavan brings extensive experience in leading large teams, managing complex investment portfolios and developing diverse investor communities including family offices, high net worth individuals and institutional investors, including 12 years experience at JB Were and Goldman Sachs JB Were where he served in a variety of roles including as acting CEO, chief operating officer and head of NSW.
Following his time at JB Were (2002 – 2014), he served as the founding CEO of Impact Investing Australia, an independent organisation dedicated to growing opportunities for investments that deliver positive social and environmental impact, alongside financial return.
IIG chair Danny Almagor said Madhavan has the unique combination of deep experience in the existing financial system plus a clear vision for what is coming next: a humane economy driven by social responsibility and environmental sustainability.
“Daniel brings such an impressive record as a leader in the financial services industry and the impact investing sector. We can’t wait to get started,” he added.
Madhavan will take up his role as CEO in January 2018.
“The impact investment sector is growing rapidly; rising to meet the social and environmental challenges that will continue to confront us over time,” Madhavan said.
“I have spent time at the helm of one of the oldest investment houses in Australia, and through this experience grew to understand the true power and importance of finance in our society. I look forward to joining a team that is harnessing this power to build a more equitable, sustainable and prosperous economy together. The horizon is full of opportunity for those dedicated to building a better world,” he added.
Madhavan is replacing Lock, who abruptly left the company he co-founded with Danny Almagor in November 2012, in September.
Australian Property Journal
