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Bridges Names Giddens as Sole CEO

Michele Giddens has been appointed CEO of impact investor Bridges Fund Management, having previously shared the role with fellow co-founder Philip Newborough. Following the shake-up, Newborough, who has been CEO of the company for 22 years, will take on the role of Executive Chair. Giddens became co-CEO five years ago. In her expanded remit she will be responsible for investment activity, strategy, operations, people and all other aspects of the business. Bridges has also appointed three partners to its executive committee: Maggie Loo as Client & Strategy Development Partner; Henry Jones as Head of Value Creation; and Mila Lukic as Head of Bridges Outcomes Partnerships. Giddens said she was “delighted to be taking on the full CEO responsibilities ahead of this exciting next chapter of Bridges’ growth”. She added: “For many years, sustainable and impact investing was seen as a marginal niche; now, it’s one of the most important and fastest-growing areas of the investment world. Climate change and inequality are the two biggest challenges of our time, and we urgently need to ramp up our efforts to tackle them.” Newborough said: “It has been my greatest privilege to lead Bridges since we founded the firm 22 years ago. I am proud of what Bridges has achieved so far as a pioneer in impact investment, helping to build this important market.”

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