GIIA appoints Andy Rose as Chief Executive Officer

ar-headshot-200x200LONDON — The Global Infrastructure Investor Association (GIIA) has today announced the appointment of Andy Rose as its first Chief Executive Officer.

Mr Rose joins the GIIA from the UK Government’s Homes and Communities Agency (HCA) where he spent three years as Chief Executive.

Mr Rose’s previous roles in government include Chief Executive of Infrastructure UK, the body in HM Treasury responsible for the production of the National Infrastructure Plan. Prior to this he was an Executive Board member of Partnerships UK PLC, a predecessor body owned by both the public and private sectors, with a remit to support the delivery of major infrastructure projects sponsored by the public sector.

From 2011 to 2013, Mr Rose was a Partner at AgFe, a leading specialist European debt advisor and asset manager. Mr Rose also spent 17 years at Canadian Imperial Bank of Commerce, where he was the Managing Director responsible for the infrastructure business within CIBC’s Investment Banking Division in Europe.

Mr Rose will take responsibility for establishing the GIIA as the leading global advocacy association representing equity investors in infrastructure and those associated with the asset class. He will be responsible for working with governments, regulators and policy makers to develop attractive and stable environments for infrastructure investment, and articulating the economic and societal contribution of infrastructure.

Andy Rose said:

“I am delighted to join the GIIA as its first Chief Executive Officer. Having worked in senior roles in infrastructure in both the public and private sectors, I am fully aware of the vital role institutional investment plays is supporting global ambitions for modern infrastructure. I look forward to establishing the GIIA as the leading global advocacy association for the asset class.”

Commenting on Mr Rose’s appointment, Matthew Farnum-Schneider, Chairman of the GIIA, said:

“We believe that Andy’s significant experience both within government and the private sector renders him immensely qualified to take forward the important aims of the GIIA.

“Andy’s extensive knowledge of infrastructure investment will be invaluable as we continue to establish the GIIA and to develop a constructive dialogue with policy makers to achieve our shared goal of increased infrastructure investment.”

Mr Rose will assume the role of Chief Executive Officer from April 2016. The GIIA would like to thank Marcus de Luca and the team at Korn Ferry for their support in this successful appointment.

 

GIIA Holds First Board Meeting and Member Seminar

giia-member-seminar-24-september-2015-032-230x180On Thursday, 24 September 2015 GIIA held its inaugural Management Board meeting and Member Seminar in London. The GIIA Board approved its first two-year business plan and budget, agreed a communications strategy and completed a number of other activities supporting the launch of the Association.

After the Board meeting GIIA members and others convened at Fishmongers’ Hall in London for an update on the Association’s activities from GIIA Chairman Matthew Farnum-Schneider. This was followed by a speech from Infrastructure UK Chief Executive Geoffrey Spence and a panel discussion with Geoffrey and a number of GIIA Executive Committee members.

 

GIIA Seeks to Appoint Inaugural Chief Executive

78996040-e1462875906104-150x180With the help of Korn Ferry, GIIA begun a search to appoint its inaugural Chief Executive. The successful candidate will ideally have spent part of his/her recent career employed within a government, public sector or regulatory organisation, preferably in a financial services-oriented role. Experience as such within the infrastructure industry, whilst not a pre-requisite, would be highly advantageous.

The appointment will have the gravitas and leadership credentials to establish the Association’s office, to maintain/develop the Association’s leadership and to represent the Association at the highest levels across all stakeholders in the infrastructure industry, particularly with government and regulatory bodies.

Further details can be found in the Position Brief.

Initial GIIA Chairman, Executive Committee and Management Board Appointed

92063798-230x180Exactly three months after announcing the formation of the Global Infrastructure Investor Association (“GIIA”) to further strengthen the engagement of infrastructure investors with governments and regulators globally, we are today announcing the establishment of the initial GIIA Management Board and Executive Committee.

Twenty five senior representatives of GIIA founding members have been confirmed to the initial Management Board to guide the association in its continued work in partnership with governments and regulators to achieve our shared infrastructure development goals and further support private investment in infrastructure. The GIIA Board has elected the Association’s first Executive Committee. Matthew Farnum-Schneider, Managing Director Group Chief Executive Office at Prudential plc will lead the association as its founding Chairman. He will be supported by Henk Huizing, Investment Director, PGGM and Andrew Claerhout, Head of Infrastructure, Ontario Teachers’ Pension Plan, as the regional Deputy Chairmen for Europe and North America respectively.

GIIA represent 25 of the leading infrastructure investors globally with more than €200 billion in infrastructure assets. Its current members include: ADIA, Alinda Capital Partners, Allianz Capital Partners, Antin Infrastructure Partners, APG Asset Management, Arcus Infrastructure Partners, Ardian , Borealis, Brookfield Infrastructure, Caisse de depot et placement du Quebec, CPP Investment Board, Deutsche Asset & Wealth Management, EISER Infrastructure Partners, Global Infrastructure Partners, Goldman Sachs Infrastructure Partners, IDFC Alternatives Limited, IFC Asset Management Company, IFM Investors, Macquarie Infrastructure and Real Estates, Morgan Stanley Infrastructure, Ontario Teachers’ Pension Plan, PGGM, Prudential / InfraCapital, PSP Investments and 3i Investment plc.

Introducing GIIA

107722430-230x180We are pleased to present the Global Infrastructure Investment Association, (GIIA), a member-driven infrastructure investor advocacy association.

While work is still in progress to officially establish GIIA, its membership is growing and open to others who want to help grow the voice of the private infrastructure investor community.

NEXT STEPS

  • Incorporate association: Q2 – Q3 2015
  • Establish Management Board and first committees Q3 2015
  • Grow membership Q1 – Q4 2015

Any questions, please email info@giia.net

Global Infrastructure Investors Association Formed

203028121-230x180Nineteen leading investors in infrastructure have agreed to form an association to further strengthen the engagement of infrastructure investors with governments and regulators globally. Collectively, these investors have over € 2.4 trillion of total assets under management, with approximately € 177 billion invested in infrastructure assets and plans to make significant additional investments in infrastructure.

This comes at a time when governments across the world are increasingly interested in exploring partnerships with private investors for the funding of their long term infrastructure investment plans. The association strives to facilitate the interaction between investors on the one hand and governments and regulators on the other, and calls for predictability with respect to actions by the public sector.

“There is a significant amount of private capital available for investment in infrastructure which could help to build out and maintain infrastructure at times of budget constraints, thereby supporting economic growth” said a spokesperson for the newly formed Global Infrastructure Investors Association (“GIIA”). “Through this new association we are creating an efficient way for the engagement between the private investment community and governments and regulators. We want to foster an understanding of the issues involved with private investments in infrastructure and to build strong relationships with policy makers and regulators to ensure that those investments are facilitated and help in meeting the infrastructure needs of economies across the world.”

“Over the last two decades, infrastructure as an asset class has emerged from within alternative assets into its own distinct class. Private investors in this asset class are likely going to play a crucial role in the coming decades as existing infrastructure across the globe requires updating and new infrastructure is created. There is data on how consistent and fair policies encourage investment and other examples of what discourages investment. The association will also advocate best practices supported by data.”

GIIA currently has 19 founding members: Alinda Capital Partners, Allianz Capital Partners, Antin Infrastructure Partners, APG Asset Management, Arcus Infrastructure Partners, Brookfield Infrastructure, CPP Investment Board, Deutsche Asset & Wealth Management, EISER Infrastructure Partners, Global Infrastructure Partners, Goldman Sachs Infrastructure Partners, IFC Asset Management Company, IFM Investors, Morgan Stanley Infrastructure, Ontario Teachers’ Pension Plan, PGGM, Prudential / InfraCapital, PSP Investments and 3i Investment.

– END –

 

For further information please email:

info@giia.net

About GIIA. GIIA is a global independent non-profit association sustained by membership fees. The role of GIIA is to be the representative body for equity investors in global infrastructure and those associated with the asset class. In accordance with the overall role of the Association, GIIA will strive (i) to be the public voice for equity investors in unlisted infrastructure investment and to build increased understanding of long-term infrastructure investment and the positive role of private investors, and (ii) to act as the industry’s advocate, engaging directly with governments, supra-national bodies and policy makers to develop and maintain supportive and stable regulatory environments and reduce barriers to investment.