Focusing Capital on the Long Term (FCLT), which was founded by Canada Pension Plan Investment Board (CPPIB), BlackRock Inc., Dow Chemical Co., McKinsey and Tata Sons, has appointed Sarah Keohane Williamson as the new CEO.
In a statement to Livemint, Williamson said “FCLT’s goal is to become a hub for ideas and a resource for those who want to implement longer-term behaviors among investment and business professionals.”
FCLT will also involve a number of other member organizations that are committed to achieve long-term tangibles actions that benefit businesses, markets and society more broadly.
FCLT is a not-for-profit organization that aims to develop educational resources and practical solutions that encourage longer-term behaviors in the investment and business worlds to drive long-term value creation and economic growth.
Prior to this, Williamson was a partner and director of alternative investments at Wellington Management Co. LLP for over 21 years. She has done her MBA from Harvard Business School and is a certified financial analyst.