The Carlyle Group (NASDAQ: NASDAQ:CG) announced today that Afsaneh M. Beschloss will join its Board of Directors on May 1, 2024. This appointment comes as Dr. Thomas S. Robertson prepares to retire after 12 years of service. Ms. Beschloss, an experienced economist and investment firm leader, brings a wealth of expertise to the role, including previous tenure at The Carlyle Group and as the World Bank's Treasurer and CIO.
Ms. Beschloss, 68, is the founder and CEO of RockCreek, a leading women-owned investment firm. Her distinguished career includes significant contributions to sustainable and inclusive investing, as well as advisory roles to governments and financial institutions. Her past experience at The Carlyle Group, JP Morgan, and the World Bank has positioned her as a pioneer in financial innovation, particularly in renewable energy investments.
In addition to her professional accomplishments, Ms. Beschloss has a strong presence in the non-profit sector, serving on the boards of the Council on Foreign Relations, the Rockefeller Foundation, the Bretton Woods Committee, Georgetown University, and the PBS Foundation.
Her contributions to finance and energy policy have earned her recognition and awards, including the Robert F. Kennedy Human Rights Ripple of Hope Award and the Institutional Investor Lifetime Achievement Award.
With an MPhil in Economics from the University of Oxford, where she also taught, Ms. Beschloss is well-versed in international trade and economic development. She has co-authored a book on natural gas economics and penned numerous articles on finance and renewable energy investing.
The Carlyle Group will increase its Board from 13 to 14 members with Ms. Beschloss's arrival. However, following Dr. Robertson's departure after the Annual Meeting of Shareholders on May 29, 2024, the Board will return to 13 members.
The company has not yet announced Ms. Beschloss's committee assignments. This transition marks a significant change in the company's governance as it continues to navigate the global investment landscape.
This information is based on a press release statement from The Carlyle Group filed with the SEC.
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