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Governance

To steward the management, integrity and evolution of the Impact Principles as a global standard, the governance structure of the Impact Principles is comprised of a Secretariat, Advisory Board and the Host. The Secretariat is currently hosted by the Global Impact Investing Network (the GIIN) since its transfer from the IFC in November 2022.   

 

The governance of the Impact Principles is conducted in accordance with the Impact Principles Governing Provisions, which are subject to periodic revision. They are distributed to Signatories at the time of signing and upon revision, and are available to Signatories by request at secretariat@impactprinciples.org  

The Advisory Board, comprised of Signatory and host organization representatives, advises the Secretariat on the strategy, implementation and evolution of the Impact Principles.  The Impact Principles Advisory Board advises the Secretariat on the strategy, implementation and evolution of the Impact Principles. Advisory Board members also work individually and in collaboration to promote the Impact Principles as the global standard for impact management in the markets and ecosystem they engage in.

  

Advisory Board members are elected by a vote of the Signatory community, with elections held every two years. Members serve four-year terms and can be elected for up to two consecutive terms. In addition to the elected members, the Secretariat’s host organization (the Global Impact Investing Network) and original host (the International Finance Corporation) are eligible to serve on the Advisory Board. The Advisory Board may also elect up to two independent members or observers. The Advisory Board is chaired by a Convenor, who presides over Advisory Board meetings.  

Current Advisory Board Members 

Professional headshot of Danielle Brassel
Danielle Brassel

Zurich Insurance Group

Convenor

Kathleen Yaworsky

Accion International

Shami Nissan
Actis
Rob Davies

British International Investment

Maria Teresa Zappia

BlueOrchard Finance

Previous Convenor

Jennifer Pryce
Calvert Impact
Alessandro Maffioli

IDB Invest

Dina Pons

Incofin Investment Management

Julie Wallace

LeapFrog Investments

Monica Brand Engel

Quona Capital

Catherine Macaulay

Schroders plc.

Seçil Yıldız

Development and Investment Bank of Turkiye

Andrew Lee

UBS AG

Amit Bouri

The GIIN (Host)

Pablo Fajnzylber

IFC (Initial Host)

The Secretariat oversees, administers, and supports the continued promotion and adoption of the Impact Principles and represents the Impact Principles in the industry to broaden and deepen understanding of the Impact Principles. The Secretariat develops and manages the strategy and programs of the Impact Principles with the engagement of the Advisory Board, Signatories and Host.  The Secretariat also develops and contributes to knowledge resources and thought leadership in the field.

 

The Secretariat manages all administration of the Impact Principles, organizes meetings of the Advisory Board and convenes Signatories as needed— for strategic updates, informational sessions or other discussions in support of the advancement of the Impact Principles. The Secretariat facilitates the disclosure process by reviewing all disclosure statements prior to publication and manages the public database of current disclosures and verification summaries.

 

Finally, the Secretariat manages the review and update process for the Impact Principles, working in consultation with the Advisory Board and Host and issuing proposed amendments for approval by Signatories.   

 

The Secretariat does not have any responsibility or authority to:   

 

  1. endorse Signatories or certify their compliance with the Impact Principles;   
  2. investigate or verify the accuracy of Signatories’ disclosure statements or other marketing materials referencing the Impact Principles;   
  3. approve specific interpretations of the Impact Principles.   

 

The Secretariat is hosted by the Global Impact Investing Network (the GIIN), a nonprofit organization dedicated to increasing the scale and effectiveness of impact investing around the world. 

 

Secretariat Team

Joohee Rand

Head of Secretariat

Henry Vehslage

Manager, Signatory Engagement
& Communications

Ibrahim Eiweida

Associate

Michaela Capps

Associate

Diane Damskey

Advisor

Secretariat Emeritus

The Secretariat is hosted by the Global Impact Investing Network (the GIIN), a nonprofit organization dedicated to increasing the scale and effectiveness of impact investing around the world.

 

The GIIN took over as host in October 2022 in a joint announcement with the International Finance Corporation (IFC), which had founded and hosted the Secretariat since April 2019.   

 

As the host, GIIN provides legal home and operational infrastructure for the Impact Principles and sits on the Advisory Board of the Impact Principles.  The Secretariat collaborates closely with the GIIN’s leadership and staff to align strategy, programs and ecosystem engagements while maintaining some level of independence with regards to the Impact Principles brand, budget, programs and communications as a global standard.