Investcorp, the global financial institution specializing in alternative investments, announced yesterday that it has appointed Habib Abdulrahman Director of Institutional Development responsible for environmental, social and corporate governance. As part of this new role, Habib will be responsible for overseeing the rapid adoption of a unified framework for environmental, social and corporate governance, including the implementation and strengthening of commitment to governance across all the company’s business units and areas of operation.
Commenting on the appointment, Investcorp Co-CEO Rishi Kapoor said: “One of our key priorities at Investcorp is to provide sustainable value to our shareholders. An integral part of this process is achieving significant commitment to the environmental, social and institutional governance elements that are consistent with our core values. We are pleased to appoint Habib as a dedicated professional to continue building on the company’s nearly 40-year history of responsible investment and commitment to the communities in which we operate. We will continue to reinforce our commitments and practices regarding environmental, social and institutional governance. ”
As for Habib Abdul Rahman, he said: “I am pleased to be appointed to the position of the responsible for environmental, social and institutional governance in the company, which reflects the company’s commitment to the principles of governance and continues to guide our activities, not only in order to do the right thing in the societies in which we live, work and invest, but also In order to deliver the exceptional service our customers have come to expect.
Investcorp’s goal goes beyond excellence in alternative investments to encompass broader issues that include the environmental and social public good, and I look forward to working with all our teams internally, as well as with stakeholders outside the company, to incorporate consistent and deliberate environmental, social and corporate governance practices across the global investment platforms we operate through. .