Submitted by AllianceBernstein
NASHVILLE, Tenn., October 13, 2022 /CSRwire/ - AllianceBernstein Holding L.P. (NYSE: AB) and AllianceBernstein L.P, a leading global investment management and research firm, announced today Erin Bigley has been named as the firm's Chief Responsibility Officer.
"Erin has served as an integral and incredibly effective leader of our fixed income and responsible investing efforts at AllianceBernstein," said Seth Bernstein, President and Chief Executive Officer at AB. "Erin's extensive industry knowledge and passion for responsibility, combined with her more than 20 years of leadership and investment experience at the firm, will only enhance AB's commitment to responsibility on behalf of our clients, colleagues, and communities."
As Chief Responsibility Officer, Ms. Bigley will oversee the firm's responsible investing strategy, extensive research, engagement, stewardship activities, corporate responsibility, and continued integration of responsible investing into key strategic decisions.
Ms. Bigley brings distinct insight and substantial experience to the role, having spent more than 20 years at AB, most recently as the Head of Fixed Income Responsible Investing and having served as a founding member of the firm's Responsible Investment Steering Committee. Ms. Bigley's portfolio-management experience, industry expertise, and passion for responsibility positions her for success as Chief Responsibility Officer, as she continues to advance responsibility in all aspects of AB's business.
In addition to her role as Chief Responsibility Officer, Ms. Bigley has joined the firm's Operating Committee. Ms. Bigley is also the co-chair of the firm's Women's Leadership Council, a council committed to convening senior leaders to cultivate an inclusive and diverse environment for women to build and broaden leadership roles at AB.
Ms. Bigley replaces Michelle Dunstan, who has departed the firm to pursue an external opportunity. Ms. Bigley is based in New York City.
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 September 30, 2022, AllianceBernstein had $613B in assets under management. Additional information about AB may be found on our website, www.alliancebernstein.com.
Carly Symington, Media (US), 615-417-5701, Carly.Symington@alliancebernstein.com; or Mark Griffin, Investors, 629-213-5672, Mark.Griffin@alliancebernstein.com
Learn more about AB’s approach to responsibility here.
AllianceBernstein (AB) 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. We believe corporate responsibility, responsible investing and stewardship are intertwined. To be effective stewards of our clients’ assets, we strive to invest responsibly—assessing, engaging on and integrating material issues, including environmental, social and governance (ESG), and climate change considerations in most of our actively managed strategies. We also believe that being a responsible firm allows us to be more responsible investors. Our stewardship practices, investment strategy and decision-making are guided by our purpose, mission and values.
Our purpose—pursue insight that unlocks opportunity—inspires our firm to act responsibly. While opportunity means something different to each of our stakeholders; it always means considering the unique goals of each stakeholder that go beyond the desire for financial returns. AB’s mission is to help our clients define and achieve their investment goals, explicitly stating what we do each day to unlock opportunity for our clients. We became a signatory to the Principles for Responsible Investment (PRI) in 2011. This formalized our commitment to identify responsible ways to unlock opportunities for our clients through ESG integration in most of our actively managed equity and fixed-income client accounts, funds and strategies.
Because we are an active manager, our differentiated insights drive our ability to deliver alpha and design innovative investment solutions. ESG and climate issues are key elements in forming insights and in presenting potential risks and opportunities that can have an impact on the performance of the companies and issuers that we invest in and the portfolios that we build.
Our values provide a framework for the behaviors and actions that deliver on our purpose and mission. Values align our actions. Each value emerges from the firm’s collective character—yet is also aspirational. Each value challenges us to become a more responsible version of AB.
As of December 31, 2022, AB had $646B in assets under management, $445B of which were ESG-integrated. Additional information about AB may be found on our website, www.alliancebernstein.com.
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