We are thrilled to welcome Leon Kamhi as our new Investor Custodian. In this role, he will represent our investors’ interests clearly and vocally alongside our other Custodians and help to oversee the delivery of our strategy, using his expertise to guide the Operating Board as we scale up. Our many individual investors voted him into office unanimously.
Leon is Head of Responsibility in the international business of Federated Hermes, a global leader in active, responsible investment with billions under management. He drives the responsibility integration programme across the group, ensuring investment teams are aware of and integrate ESG performance in investment decisions – as well as leading several corporate and public policy engagements.
From Leon’s perspective Riversimple is an innovator in this field; “Riversimple’s innovative and environmentally-friendly approach to personal transport and unique, stakeholder-focused governance structure is sustainability in action. I am excited and privileged to join this progressive enterprise as the Investor Custodian”.
Society as a whole has a stake in Riversimple.
Our Future Guardian corporate governance structure is radically different. We have a total of six Custodians, one to represent the interests of each of our critical stakeholders, namely Investors, the Environment, Staff, Community, Customers and Commercial Partners. They hold the only voting shares in the company and it is the Board’s fiduciary responsibility to balance and protect the benefit streams of each one. We are fortunate to have Estelle Clark, who has been advising the IoD, ISO and UKAS on new approaches to corporate governance, to act as Steward.
Nobody is happier to have Leon’s wisdom focused on Riversimple than FD, Chris Foxall, himself an investor in the first instance: “I’m very excited not only to be working in a professional leadership capacity with Leon, whose experience in the area of investor stewardship and corporate responsibility at Federated Hermes is truly impressive, but I’m equally encouraged as an investor that my interests of people, planet and profit will be championed and assured through his role as Riversimple’s Investor Custodian.”