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CPPIB chief named chair of long-term investing group FCLTGlobal

first_imgMark Machin, president and CEO of CPPIB“The work that FCLTGlobal is doing to advance long-term thinking and action in companies and the investment industry is critically important in ensuring sustainable growth in global capital markets,” said Machin.“I’m honoured by this appointment to chairman of the FCLT Global Board and look forward to the opportunity to work with management and other board members to advance this important agenda.”Machin joined CPPIB in 2012 from Goldman Sachs. He was the $409.5bn (€282bn) pension fund’s first president of Asia before becoming head of international and then president and CEO in June 2016. Mark Machin, president and chief executive officer of the Canada Pension Plan Investment Board (CPPIB), has been appointed the new chair of the board of directors of FCLTGlobal, the non-profit organisation working to encourage long-term investing.Machin replaces Mark Wiseman, who stepped down from the board at the end of December concurrent with his resignation from BlackRock after breaking the asset manager’s rules by failing to disclose a relationship with a colleague.Machin’s appointment was approved at a meeting of the FCLTGlobal board of directors alongside the World Economic Forum in Davos, Switzerland this week.Machin has served on the board since FCLTGlobal was founded in 2016, emerging from Focusing Capital on the Long Term initiative, a joint CPPIB and McKinsey & Company initiative that began in 2013. Machin chaired the board’s finance and audit committee.last_img read more

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Coronavirus: HSBC Women’s golf in Singapore cancelled

first_img Singapore stepped up its disease alert level to the second-highest level on its four-point system on Friday. Promoted ContentCan Playing Too Many Video Games Hurt Your Body?7 Ways To Understand Your Girlfriend BetterWhich Country Is The Most Romantic In The World?Disney’s Live-Action Simba Was Based On The Cutest Lion Cub EverWho Is The Most Powerful Woman On Earth?7 Universities In The World Where Education Costs Too MuchThe Funniest Prankster Grandma And Her Grandson20 “The Big Bang Theory” Moments Only A Few Fans Knew AboutThe Very Last Bitcoin Will Be Mined Around 2140. Read MoreThis Guy Photoshopped Himself Into Celeb Pics And It’s Hysterical5 Of The World’s Most Unique Theme ParksWhat Happens To Your Brain When You Play Too Much Video Games? Read Also: Golf: Johnson dusts himself down to defend Saudi title Under the upgraded alert, event organisers are advised to cancel or defer non-essential large-scale events. Singapore had already barred the entry of travellers who had been to China recently from entering or transiting through its territory to counter the spread of the virus. The city-state also suspended the issuance of visas for Chinese passport holders. FacebookTwitterWhatsAppEmail分享 Loading… Golf’s HSBC Women’s World Championship in Singapore later this month was cancelled Monday as was next week’s LPGA Thailand tournament, meaning the US women’s Tour has now lost all three of their lucrative early-season events in Asia. The World Championship, won last year by world number two Park Sung-hyun at Sentosa Golf Club, is one of the most prestigious on the US LPGA Tour outside the majors and this year’s entries had included all of the world’s top 20 players. It had been scheduled to tee off on February 27. Park Sung-hyun with the trophy after winning last year’s HSBC Women’s World Championship at the Sentosa Golf Club in Singapore The Tour had already announced 10 days ago the cancelation of the Blue Bay LPGA from March 5-8 on the southern Chinese island of Hainan. “Due to the continued health concerns and recent advisories in some Asian countries that large-scale events should be cancelled or postponed as a result of the coronavirus, the LPGA and its partners have made the decision to cancel the 2020 Honda LPGA Thailand and the 2020 HSBC Women’s World Championship,” an LPGA Tour statement said. Sixty-six players would have played in the tournament from February 27 to March 1 including world number one Ko Jin-young of South Korea, defending champion and compatriot Park and third-ranked Nelly Korda of the US. Players are currently in Australia where the tour’s Australian Open begins in Adelaide on Thursday after the conclusion of the Vic Open in Geelong on Sunday. “The health and safety of our players, fans and everyone working on the event is always our highest priority. While we are disappointed that these tournaments will not take place this season, we look forward to returning to Asia soon,” said the statement.last_img read more

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Megan Rapinoe victim of possible hate crime, according to NYPD

first_img USWNT invited to bipartisan meeting with female U.S. senators Women’s World Cup 2019: USWNT returns with hardware … and champagne … in hand Rapinoe and the rest of the U.S. women’s team were in New York City Wednesday for the championship parade after winning the 2019 Women’s World Cup. New York City police are looking into a possible hate crime committed against U.S. women’s soccer star Megan Rapinoe.Posters of Rapinoe were defaced with derogatory slurs in the NYC subway system in midtown Manhattan, which has prompted an investigation by the city’s Hate Crime Task Force, according to ESPN . Abby Wambach on Megan Rapinoe, USWNT: They’re redefining ‘what it means to be a woman’ Rapinoe, who is openly gay, has been vocal in her support of the LGBTQ community and the need for gender equality.She hasn’t publicly commented on the messages on the posters, which have since been cleaned up. Related News She gave an empowering speech calling for everyone to be kinder to each other, and said the diversity on their team is what made it so great.“Just (a) shoutout to the teammates … This group is so resilient. Is so tough. Has such a sense of humor. Is just so badass,” Rapinoe said Wednesday. “There’s nothing that can faze this group. We’re chillin’. We’ve got tea sippin’. We’ve got celebrations. We have pink hair and purple hair. We have tattoos and dreadlocks. We’ve got white girls and black girls, and everything in between. Straight girls and gay girls.”Rapinoe hasn’t commented on the posters nor the derogatory language.last_img read more

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