The Luxembourg Finance Labelling Agency (LuxFLAG) is pleased to announce that, Mr. Sachin Vankalas has been appointed as General Manager of the agency as of 1st June 2019. He will be taking over from Mr. Mario Mantrisi.

Mr. Thomas Seale, Chairman of LuxFLAG's Board of Directors, said: "We are grateful for Mario's leadership of our agency over the 17 months and are delighted at the appointment of Mr. Sachin Vankalas who has been leading the operations and sustainability processes at LuxFLAG since 2011 and will build on his deep knowledge and expertise in the sustainable investment market.”

“LuxFLAG has been thriving.” said Sachin Vankalas. “We want to build on these achievements, promote the opportunities that sustainability brings to the financial sector and showcase how impactful and game-changing social and environmentally-focused investments can be. As a torchbearer for transparency, high-quality processes and in-depth analyses through our labels will remain an utmost important driver for the organization to guarantee the necessary credibility towards investors.”

LuxFLAG has become an industry reference for labelling sustainable finance products over the past decade. Currently LuxFLAG operates five labels, with 117 labelled investment products worth 48.9 billion EUR.

 

Press release by LuxFLAG


Publié le 13 juin 2019