PRI chief executive David Atkin to step downBY ELIZABETH FRY | THURSDAY, 15 MAY 2025 2:22PM![]() Industry veteran David Atkin will step down as chief executive of the Principles for Responsible Investment next year, giving the UN-backed body for institutional investors ample time to find his replacement. Atkin, who joined the PRI in 2021, replaced responsible investing leader Fiona Reynolds following her relocation to Australia. "It has been an honour to lead the Principles for Responsible Investment over the past four years, and a privilege to meet and work with many of our signatories around the world," Atkin said, announcing his departure. "London is a long way from Melbourne, and the time is approaching for me to return to my family." However, Atkin stressed his commitment to ensuring a smooth transition, noting that he will remain in post until his successor is appointed. "We are at a critical inflection point for responsible investment, and I am committed to ensuring a seamless transition," he added. Under Atkin's leadership, the PRI has undergone a significant transformation. The organisation introduced a new three-year strategy to 2027, revamped its operating model and simplified its reporting framework. These changes have coincided with rapid growth in the responsible investment sector. He joined from asset manager AMP Capital, where he served as deputy chief. However, Atkin spent his career primarily in Australia's superannuation industry. His career includes 12 years leading Cbus, the industry fund for building and construction workers, as well as stints at ESSSuper and Just Super, which later became Media Super. The industry fund for media and entertainment staffers was eventually swallowed up by Cbus. Atkin also has ties to the STA Superannuation Trust of Australia, one of the foundation funds that subsequently became AustralianSuper. The outgoing PRI boss is a former director of the Climate Council, Frontier Advisors and chair of SuperFriend - a not for profit that that brings industry funds and insurers together to achieve mentally healthy workplaces for their staff and members. The search for a new chief executive will be led by a board-appointed committee chaired by Sharon Hendricks, vice-chair of the CalSTRS Investment Committee. The PRI is planning several initiatives for the future, including a refreshed digital platform, enhanced support for asset owners, and continued expansion into emerging markets. The organisation also aims to reinforce the financial materiality of sustainability issues as it prepares for COP30 and celebrates its anniversary. |
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