WASHINGTON (11/20/09)--The Social Investment Forum (SIF), the national nonprofit membership association for the socially responsible investment (SRI) industry, has announced that Clifford N. Rosenthal, president/CEO of the National Federation of Community Development Credit Unions, has been elected to serve on its board of directors, along with two other new members.
SIF also re-elected two existing members to continue to serve on its board of directors. The four other SIF board members are: Jan Bryan, an investment adviser with the First Affirmative Financial Network; Leslie Lowe, director of the Energy & Environment Program at the Interfaith Center on Corporate Responsibility; Ingrid Dyott, managing director of Neuberger Berman’s SRI team; and Paul Hilton, director of Advanced Equities Research at Calvert. Lowe and Dyott are the two returning members of the SIF board. “The five recently elected SIF board members--including Cliff Rosenthal--represent a remarkably wide range of sectors and professional expertise which will be well utilized in their work to advance the field of socially responsible and sustainable investing,” said SIF Board Chair Cheryl Smith. After 10 years working in food co-op development and anti-hunger advocacy for Native American, migrant farmworker, and urban minority organizations, Rosenthal joined the federation in 1980, becoming its executive director in 1983. In 1982, Rosenthal created the Capitalization Program for CDCUs, making the federation one of the first community development financial institutions in the U.S. Through that program, the federation raises capital from socially responsible investors and government sources to reinvest as deposits or loans in CDCUs nationally. “The Social Investment Forum is very fortunate to have three new and two returning board members to work with us in expanding the numbers of individual professionals and institutions engaged in SRI,” said SIF CEO Lisa Woll. “Interest in socially responsible investing continues to grow, especially since the global financial crisis has brought many core SRI issues--like transparency and good governance--to the forefront of the policy debate, and our board’s combined expertise will help us remain at the vanguard of the SRI industry.”