The Unheralded Role of IC Chair

Some of the most influential roles in managing trillions of dollars of institutional capital are unknown and unpaid. Investment committees (“IC”), and the Chairs of investment committees especially, are exceedingly important in how an institution stewards its capital.

Why is an IC chair so important?

Governance is the key determinant in the long-term success of an institutional investment program.

The IC Chair is the cornerstone of good governance.

Great governance attracts talented people, supports them well, and keeps everyone focused on the right things. Bad governance yields quite the opposite – great people will flee, and the investment program will lurch about making wrong decisions at the wrong times.