At this time of great concern about many negative impacts of financial markets on society and future generations, I’m writing on behalf of the Board of NSFM to share a bit of good news.
We have decided to appoint Cary Krosinsky as NSFM’s first Executive Director. Until recently, the Senior Vice President at Trucost, Cary has decided to take up a portfolio career with teaching (Columbia University), advisory work and this role. His many skills make him a good fit with NSFM’s needs and he has generously agreed to donate his time for a few months so we can secure foundation support.
Having experienced the many benefits of having a paid (albeit part-time) Co-ordinator, fully aware of how important it is that we get financial markets to be a bigger part of the solution, and cognisant of how much a group like NSFM – which is made up of individual investment professionals and others who are not constrained by organisational positions – can add, we have taken the decision to scale-up. After 4 years of operating on a totally voluntary basis, we think NSFM has both proved its additionality.
So let me also take this opportunity to thank Charlotte Steel – who like Cary has also been an NSFM supporter for many years – very warmly for all that she has done as Co-ordinator since 2011. The much improved website/blog, some very successful events and generally much more interaction between NSFM supporters are just some of the things she has contributed. The Board would also like to thank those individuals who very generously agreed to cover the costs of employing Charlotte and you will see their names listed on the site as “Founding Supporters”.
Cary will be in touch with each of you in the coming weeks to get your ideas about how we can meet the challenges and make full use of the opportunities we face. I and the other members of the Board do hope you will help him as much as you can, and also tell him what you would like from NSFM so we can help you in your commitment to make financial markets more sustainable.