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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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English Giant interested for Sead Kolasinac?

first_imgArsenal is interested for the footballer of the National Team of B&H, Sead Kolasinac from Schalke, as claimed by Tutto Mercato, stating the several Italian clubs are the competition for Gunners.Kolasinac, who played a little bit during the last season due to the hard knee injury, is preparing for the new season with the team, in which Schalke has big goals and ambitions.In the past as well, Sead was brought into a connection with AC Milan, later with Manchester United as well, which even sent an offer to Schalke, although the transfer was not realized.(Source: klix.ba)last_img

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Ikeh, Ravena star as Ateneo drubs Adamson

first_imgWinning start Sports Related Videospowered by AdSparcRead Next End of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legend MOST READ Thirdy Ravena topscored with 20 points on top of 10 rebounds for the Blue Eagles, who never trailed and led by as much as 22.Minus Sarr, who was sidelined due to a groin injury, the Falcons were out-rebounded, 60-35. Sarr averaged 14.4 points and 14.9 rebounds last season as he led Adamson back to the Final Four.Kurt Lojera had 11 points, including a drive that trimmed Ateneo’s lead to single-digits, 63-54, before Ravena extended it back to 16, 76-60, with 2:49 remaining.The Falcons’ usual hitters struggled mightily on the offensive end with Jerrick Ahanmisi going 4-of-16 from the field and Sean Manganti missing all of his four attempts from long range. Both wound up with nine points each.ADVERTISEMENT Don’t miss out on the latest news and information. LATEST STORIES Learning about the ‘Ring of Fire’ Photo by Tristan Tamayo/INQUIRER.netWhat was deemed as a potential Final Four preview wasn’t even close.Ateneo treated Adamson like the whipping team of old, 85-65, to cap off the opening day of UAAP Season 80 Saturday at Mall of Asia Arena.ADVERTISEMENT Alaska determined to get back into playoffs A costly, catty dispute finally settled The Blue Eagles were hardly challenged by the Falcons, who are reeling from the absence of their dominant big man Papi Sarr.“It was a good win for us. I guess we’re lucky that Papi Sarr wasn’t in the game,” said Ateneo coach Sandy Arespacochaga.FEATURED STORIESSPORTSRedemption is sweet for Ginebra, Scottie ThompsonSPORTSMayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’SPORTSFederer blasts lack of communication on Australian Open smog“We’re not surprised that Ikeh played great because he has been practicing well for us.”Ateneo import Chi Ikeh feasted on Adamson’s diminished frontline and finished with 18 points and 17 rebounds. OSG plea to revoke ABS-CBN franchise ‘a duplicitous move’ – Lacson Break new ground View comments Mayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’ End of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legend Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award It’s too early to present Duterte’s ‘legacy’ – Lacsonlast_img read more

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