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Australian Ethical appoints responsible investing leader Fiona Reynolds to Super Board

Eco Voice
Eco Voice
First published in 2003, Eco Voice is your go-to publication for sustainability news in Australia. Eco Voice prides itself as an independent news platform with a clear focus on sustainability, with articles coming from a diverse range of contributors – all levels of government, corporations, not-for-profits, community groups, small to medium sized businesses, universities, research organisations, together with input from international sources. Eco Voice values community, conservation and commerce. Eco Voice is a media partner of the prestigious Australian Banksia Sustainability Awards – The Peak Sustainability Awards.

Australian Ethical Superannuation today announced the appointment of Fiona Reynolds to its Board, effective July 2024.

Ms Reynolds was formerly CEO of the Principles for Responsible Investment (PRI), a UN-supported international network of socially and environmentally responsible financial institutions. She brings more than three decades of experience in responsible investing and superannuation to guide one of Australia’s fastest-growing super funds.

Australian Ethical Chief Executive Officer John McMurdo said, “We are delighted to welcome Fiona’s deep global expertise in responsible investment to the Australian Ethical Superannuation Board.

“The weight of consumer expectation on our sector is growing year on year, with most Australians now expecting their super and other investments to be invested responsibly. Our fund continues to grow in response to this demand. Having Fiona’s significant talents on the AES Board will help guide our approach and growth over the coming years. 

Fiona Reynolds said, “I look forward to joining the board of Australia’s leading ethical superannuation fund.

“Australians deserve retirement security, and the assurance that their superannuation is being invested for the good of people, animals, and the planet. Where we invest our money matters, and I encourage every Australian to feel empowered by that.”

Chair and Non-Executive Director of Australian Ethical Superannuation Board, Steve Gibbs, said, “It’s with great pleasure that we welcome Fiona Reynolds to the AES Board. This appointment will bolster the Board’s advisory capability and adds credence to our ethical investment approach, which has been baked into our foundations since 1986.

Ms. Reynolds spent nine years in London, growing the PRI to more than 4,000 signatories and 180 staff globally between 2013 and 2022.

She holds various leadership and advisory roles with FAIRR Initiative, the UN Global Compact Network Australia, Finance for Peace, and the Office of the NSW Anti-slavery Commissioner.

[1] Top 10 growth in members and AUM, Super Insights Report 2024, Page 21. KPMG

[2] From Values to Riches 2024: Charting consumer demand for responsible investing, RIAA.

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