The ICGN, an investor-led body with members representing assets under management in excess of US$34trillion, has announced awards to two organisations and one individual in honour of their exceptional achievements towards improving corporate governance. ICGN Award candidates are nominated by ICGN Members who recommend the candidates based on their contribution to corporate governance reform efforts around the world.
David Beatty, Conway Chair of the Clarkson Centre for Board Effectiveness, Rotman School Management, University of Toronto was awarded the prestigious ‘ICGN Lifetime Achievement Award’ for his significant contribution to the advancement of corporate governance around the globe through his work as an educator, advisor, advocate and practicing board member and chairman.
In receiving his award David said: “Asset ownership and asset stewardship go hand in hand. The ICGN has pioneered this concept and brought it to practical life around the globe. It is a timely and vitally necessary initiative. Thank goodness we have such an institution! It is a true blessing for me to be honoured this evening and I urge the ICGN Members to keep pushing the frontiers of responsible stewardship forward.”
About International Corporate Governance Network
Established in 1995, the International Corporate Governance Network (ICGN) is led by investors responsible for assets under management in excess of $US 34 trillion, ICGN is a leading authority on global standards of corporate governance and investor stewardship. We promote high standards of professional practice among investors and companies alike in their mutual pursuit of long-term value creation contributing to sustainable economies world-wide. www.icgn.org.
About Professor David R. Beatty C.M., O.B.E., F.ICD, CFA
Professor David R. Beatty C.M., O.B.E., F.ICD, CFA is the Conway Chair of the Clarkson Centre for Board Effectiveness, Rotman School of Management, University of Toronto. He has served on 39 different boards of directors and been chairman of 9 public companies. He was the founding Managing Director of the Canadian Coalition for Good Governance (2003-2008). At the University of Toronto he created the Directors Education Program (DEP) and remains curriculum overseer.
Internationally, he created Saudi Aramco’s Joint Venture Director Training and he has been a member of the IFC’s GCGF advisors. In 2013 he was inducted into the Order of Canada the nation’s highest civilian honor and in 1994 he was made an Officer of the Most Excellent Order of the British Empire (the O.B.E. above) by Her Majesty Queen Elizabeth II for his services to Papua New Guinea.