Shell Foundation Trustee and former Chair, Malcolm Brinded, has announced his intention to retire from the Foundation with effect from the forthcoming meeting of the Board of Trustees on 12 March 2020.

Malcolm has been a Trustee of the Shell Foundation for almost 16 years, serving as Chair for eight years (2009-2017) as well as Chair of the Audit Committee (2016-2017) and Chair of the Investment Committee (2013-2020).

Gail Klintworth, Chair of Shell Foundation’s Board of Trustees, said:

“Malcolm deserves significant personal recognition for the remarkable impact that has been facilitated by the Foundation since 2010: the 31m tonnes of carbon avoided, more than 362,000 jobs created and 164 million livelihoods generated.  All change requires a leader who not only sees a new possible future but also creates the conditions for others to deliver the new solutions that will make that future possible. Malcolm has been instrumental in supporting the Foundation to bring these solutions to market through key partners. He has also helped to ensure robust governance and the financial sustainability of the Foundation. The new energy solutions catalysed by the Shell Foundation have made and will continue to make a significant positive difference to the lives of many.”

Sam Parker, Director of Shell Foundation said:

“The Foundation has been hugely privileged to have Malcolm as a Trustee for so many years. His contribution to our work has been immeasurable. Malcolm has brought wisdom, intellectual rigour, curiosity, challenge, drive and an immense personal commitment to the Foundation. He was one of the early architects of the social enterprise movement, which has pioneered business solutions to global development challenges. He has provided constant encouragement to the Foundation team and has always been available to offer guidance and advice where needed. He has dedicated significant amounts of his own time to help the Foundation achieve its goals of delivering positive impact in the lives of low-income consumers in emerging economies and in improving the environment.”

Malcolm Brinded said:

“I have been immensely honoured to be a Trustee of the Shell Foundation for so long, and to see it steadily grow its impact and effectiveness as a leading exponent of social impact investment, championing Access to Energy and Sustainable Mobility in Africa and India. We have become increasingly successful in supporting early-stage entrepreneurs with disruptive innovations to build commercial, scalable enterprises, helping poor communities to access the life-changing benefits of affordable clean energy and transport. The Foundation has a terrific CEO in Sam Parker, a great team of diverse and deeply committed staff whom I will miss, and wonderful Trustees. With Gail Klintworth having joined as our Chair a year ago, I am delighted to step down now with the Foundation in such great hands.“