Julia Gillard, Simon Israel, Jaime Zobel de Ayala join LeapFrog
First female prime minister of Australia and eminent Asia business leaders will support firm to reach 1 billion emerging consumers
London and Singapore, November 5, 2019: LeapFrog Investments today appointed Julia Gillard, Simon Israel and Jaime A. Zobel de Ayala to its global leadership council. Members of the council provide strategic insight and global networks to support LeapFrog’s goal to reach 1 billion people with essential services by 2030.
LeapFrog’s companies currently reach 188 million people with healthcare or financial tools. The firm’s new, record-breaking $US743 million impact investing fund presents the strategic opportunity to expand this impact while generating strong returns for investors – guided by the council.
- Hon. Julia Gillard is the former prime minister of Australia, who successfully oversaw the world’s 12th-largest economy following the global financial crisis; she chairs organisations including the Global Institute for Women’s Leadership at King’s College, London, and is a board director of industry-leading businesses.
- Simon Israel is chairman of Singtel, the leading Asian telecommunications company reaching 750 million customers, and former president of Temasek, the global investment company headquartered in Singapore.
- Jaime Augusto Zobel de Ayala is chairman and CEO of Ayala Corporation, the oldest and largest conglomerate of the Philippines, with leading positions in banking, telecommunications, water, power, real estate, industrial technologies, infrastructure, healthcare and education sectors.
They join Henri De Castries, former chairman and CEO of AXA, inaugural member of the council.
Dr Andrew Kuper, founder and CEO of LeapFrog investments, said: “Today we welcome three of the most substantive and connected cross-sector leaders in the world, who deeply share our Profit with Purpose vision and methodology.”
“These three global leaders bring distinctive experience at the highest levels of financial services, healthcare, telecommunications, digital disruption and government relations – especially in Asia. Their insights and networks will be invaluable as LeapFrog continues to grow dozens of purpose-driven companies that are reshaping industries, countries and millions of lives.”
Since its launch in 2008, LeapFrog companies have grown on average at 35 per cent a year. Several have been acquired by industry leaders including Prudential PLC, Allianz, AXA XL, Standard Chartered and Fidelity.
The experience and relationships of global leadership council members help to accelerate and share the firm’s method and success. Each member of the council has driven the use of digital technologies to serve customers or constituents, with particular strength in mobile innovation. All have championed long-term thinking and sustainable impact in government, business and financial markets.
LeapFrog has now appointed members based in Europe, Australia and three countries in Asia. The firm will soon announce further members with African and Asian market-leading experience.
QUOTES FROM THE NEW COUNCIL MEMBERS
Julia Gillard said: “Our world needs to transition to better forms of capitalism. I am so pleased to join the global leadership council, supporting LeapFrog in building businesses that empower millions of individuals and grow emerging economies. As the impact investing industry scales from the billions to the trillions, the success and authenticity of LeapFrog’s methods and companies will be crucial. Both investors and governments are benefiting from this clear demonstration, across dozens of countries, of how to combine strong financial and social results.”
Simon Israel said: “I see many lives changing in Asia thanks to mobile distribution of services, every day. LeapFrog’s companies are harnessing this opportunity to reach hundreds of millions of people, with essential services that help those individuals to help themselves. So I am very pleased to join the global leadership council. I’m convinced this is just the beginning of the story of profit with purpose. I will do what I can to help LeapFrog pioneer better business methods and models, on an unprecedented scale.”
Jaime Augusto Zobel de Ayala said: “I have long admired the LeapFrog group for its integrity, innovation and impact. For decades, my own family of companies has grown and flourished in good part thanks to serving emerging consumers – whether in healthcare, financial services, telecommunications or other sectors. The need and demand are enormous. It is so important to build sustainable enterprises that treat those customers well. LeapFrog is the shining example of a successful investment group that has such purpose in its DNA, changing markets and lives for the better. I am thrilled to join the global leadership council.”