31 May 2011
The new Chairman of the Church of England's Ethical
Investment Advisory Group (EIAG) is to be corporate lawyer
James Featherby. He will succeed investment banker
John Reynolds on 1 January 2012.
James recently retired as a partner of the City law firm
Slaughter and May, where he was a corporate finance lawyer and led
the firm's corporate real estate practice. He has 30 years'
experience of operating in the City and on behalf of leading
multinationals. Standing down as a partner of Slaughter and
May will allow him to pursue more vigorously a number of activities
that connect his faith with the business world.
The Revd Professor Richard Burridge, Dean of King's College,
London and EIAG Deputy Chairman, said: "The EIAG has been well
served over the last six years by the chairmanship of John
Reynolds, and as Deputy Chair I was honoured to be asked to lead
the difficult task of finding a worthy successor. After wide
consultation and public advertisement, we chose a shortlist of
highly gifted individuals for interview.
"James Featherby's combination of several decades in the City
plus his very deep involvement in his local church and in
theological reflection upon the investment practices of the City
made him the obvious choice. We were unanimous in
recommending him to be the new Chairman, and greatly look forward
to his leadership in this increasingly important area of our life
James is a committed Christian. He teaches at his church
and has thought deeply about, and spoken and written about, issues
of ethics, business and investment. He is a Fellow of the
London Institute of Contemporary Christianity, and chairs Youth
with a Mission's international chairman's advisory group. He
is the author of The White Swan Formula: Rebuilding business
and finance for the common good and is the general editor of
and a contributing author to Global Business and Human
James was educated at Haileybury and Selwyn College, Cambridge,
where he read theology and law. He is 52 years old. He
is married to Charlotte and they have five children, aged between
21 and 29. His interests include the countryside and development
activities in Africa.
Mr Featherby said: "I am honoured and delighted to accept this
role. The financial crisis has raised a number of crucial
questions for investors which as yet remain unanswered,
particularly as to whether our current financial and economic
system best serves the interests of investment beneficiaries and
the broader society of which they are part and upon whom they
depend. I am very much looking forward to working with the
other members of the EIAG as we seek together to address these
The Church of England's Ethical Investment Advisory Group (EIAG)
makes recommendations on ethical investment policy to the Church
Commissioners, Church of England Pensions Board and CBF Church of
England Funds, and conducts engagement on ethical issues and other
responsible ownership activities on their behalf.
The Chair is elected by the non-executive members of the EIAG
and may serve no more than two terms of three years.