The global body represents institutional investors in advancement of good governance and Blakey is the sole Australian on the Board, whose members manage assets of $79 trillion.
Ms Blakey said she was honoured to be appointed to the position, which demonstrated the Australian superannuation industry’s responsible investment leadership on the global stage.
“ICGN’s mission is critical to ensure that companies and investors alike act with a shared responsibility for improving the sustainability of our global market economies,” Ms Blakey said.
“HESTA is committed to the principles of active ownership and responsible investing, and I look forward to the opportunity to contribute to the work of ICGN on a global scale.”
HESTA excited to join ICGN board
As a long-standing member of ICGN, HESTA remains focussed on creating better futures for its members, believing in the long-term benefits of good governance.
“Enhancing global governance standards helps to better manage systemic risks and improve market behaviour that can lead to stronger, long-term investment returns for members and more sustainable economic growth over time,” Ms Blakey said.
“HESTA’s leadership in investment benefits members through improved long-term investment performance and opportunities like this to develop deep relationships with global investors.”
Ms Blakey joins new chair Henry Jones, president of the CalPERS, Seiji Kawazoe, a senior stewardship office at Sumitomo Mitsui Trust Asset Management in Tokyo, and Luz Rodriguez, a corporate governance professional at the Colorado Public Employees Retirement Association.
Ms Blakey is the new President of the Australian Council of Superannuation Investors (ACSI) and is on the Board of the Association of Superannuation Funds of Australia Ltd (ASFA).
Ms Blakey is also a Workplace Gender Equality Agency Pay Equity Ambassador.