Morrow Sodali has appointed David Shammai as Corporate Governance Director – Cross Border.
Shammai joins from APG Asset Management, the Dutch pension fund manager, where in his role as senior corporate governance specialist he was involved in voting, policy, and engagement. Based in the London office, Shammai will focus on the firm’s growing corporate governance activities across its European offices.
Together with Morrow Sodali’s expanding team of corporate governance professionals, Shammai will work to further develop the firm’s governance services – ranging from benchmarking and assessments of governance practice to board advisory on engagement with investors.
“At Morrow Sodali we recognise that today many of our clients face growing needs for an in-depth and meaningful dialogue with their investors on a broadening range of topics. Having David onboard – from one of the world’s largest fiduciary asset managers – demonstrates our reinforced commitment to helping companies define issues and deal with them proactively before problems arise,” says Alvise Recchi (pictured), CEO of Morrow Sodali.
Shammai says: “It is truly exciting for me to join Morrow Sodali: the firm is uniquely placed to meet the growing needs of its clients for an effective dialogue with an increasingly international shareholder base. In recent years, we have seen across many markets that institutional investors are broadening the range of topics they wish to discuss with their portfolio companies. Whilst traditionally it was mainly about financial performance, new issues such as corporate governance and sustainability are now a mainstream topic of discussion in many markets. This makes the relationships between companies and their shareholders more complex to manage, yet equally I believe there are substantial benefits to getting it right, both for companies and for their shareholders.”
