Friday, November 23, 2012

Ellmen resigns from Social Investment Organization

The Social Investment Organization announced today that long-time executive director Eugene Ellmen will be leaving his position to assume a new role as National Director for Oikocredit Canada.

Ellmen has been the SIO’s executive director since 1999.

“The SRI industry in Canada is indebted to Eugene for the hard work and dedication he has brought to his role at the SIO over the last 13 years”, said Gary Hawton, President of the SIO.  “He will be greatly missed at the SIO and our loss is definitely Oikocredit’s gain. Eugene and I have spoken about his new role and it is a natural fit and progression for him; and it keeps him well within the SRI industry given the interplay between SRI and development finance,” added Hawton.   
In his new position, Ellmen will collaborate with the three Oikocredit Support Associations in Vancouver, Toronto and Halifax in order to represent Oikocredit nationally with the SRI community, cooperatives, financial advisors, the media and prospective new investors.
“We see many opportunities for Oikocredit in Canada and decided to recruit a national representative,” said Ylse van der Schoot, Director, Investor Relations at Oikocredit International. “We are pleased Eugene is joining us, because his level of experience, his network and skills will be very beneficial to Oikocredit.”     
Ellmen will continue his duties as SIO Executive Director until mid-January. The SIO’s board is developing a transition plan to put a new Executive Director in place in advance of the SIO’s national conference in Vancouver in June 2013.

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