NEW YORK, Feb. 13, 2020 /PRNewswire/
-- AllianceBernstein L.P. (AB) (NYSE: AB), a leading global
investment management firm, today announced two senior appointments
to the firm's Responsible Investing platform.
Michelle Dunstan has been
appointed Global Head of Responsible Investing and Sharon Fay will assume the role of Chief
Responsibility Officer. The appointments of these established
senior investors further demonstrate AB's commitment to building
the firm's capabilities in this important area and will help to
drive our responsible investing efforts forward.
As Global Head of Responsible Investing, Michelle will partner
with Sharon overseeing AB's responsible investing strategy, which
includes driving the firm's research and stewardship activities,
helping to further integrate responsible investing into investment
decisions and working to embed that ethos into the overall culture
of the firm. Michelle joined AB in 2004 and has nearly 25 years of
industry experience. She is currently a portfolio manager for the
Global ESG Improvers portfolio, as well as a Senior Research
Analyst for the Value portfolios.
As Chief Responsibility Officer, Sharon will lead and oversee
the firm's responsible investing strategy, while working closely
with senior leadership to ingrain responsible investing into the
everyday global activities of the firm. Sharon has spent three
decades at AB and has served in a number of leadership roles,
including CIO of Equities and her current role as Co-Head of
Equities.
Both leaders have served the firm as established senior
investors for decades and will transition into their new roles in
mid-2020. Together, Sharon and Michelle will work to expand and
elevate the scope of AB's responsible investing efforts throughout
the firm and ensure AB's approach to responsible investing is
implemented across our investment services.
"Responsible investing is key to our long-term strategy, both as
a corporation and as an investor. Being a responsible corporation
and a responsible investor go hand-in-hand. Under Sharon's and
Michelle's leadership, I am confident we will continue our efforts
in identifying new and better ways to respond to the evolving needs
of our clients, colleagues and communities," said Seth Bernstein, President and CEO of AB.
Learn more about AB's strategy and philosophy on investing with
integrity at www.alliancebernstein.com.
About AllianceBernstein
AllianceBernstein is a leading
global investment management firm that offers high-quality research
and diversified investment services to institutional investors,
individuals and private wealth clients in major world markets.
As of December 31, 2019, including
both the general partnership and limited partnership interests in
AllianceBernstein, AllianceBernstein Holding owned approximately
36.0% of AllianceBernstein and Equitable Holdings, Inc. (NYSE:
EQH), directly and through various subsidiaries, owned an
approximate 64.8% economic interest in AllianceBernstein.
Additional information about AB may be found on our website,
www.alliancebernstein.com.
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SOURCE AllianceBernstein