Agenda item

Report of the Director of Innovation & Growth.

The Committee considered a report of the Director of Innovation & Growth proposing the appointment of Nicholas Bensted-Smith to the Board of the Impact Investing Institute (III).

RESOLVED: That:-

1.    Nicholas Bensted-Smith be nominated as the COLC appointee to the III Board, the appointment to come into effect once the Management Board is formally constituted (expected to be 1 November 2019).

2.    It be noted that, independent of the decision above, Sir Roger Gifford had been offered an additional seat on the Institute’s Board by its Chair, which he was intending to accept.