2025 PRI Board elections

Signatory voting

Following the announcement at the most recent Signatory General Meeting, from 23 October to 5 December 2025, signatories will be invited to vote on various elements of PRI governance shown in the table below.  

PRI Board elections

The 2025 PRI Board annual election is for one asset owner representative position and one service provider representative position. For all Board positions, the PRI Board encouraged nominations from candidates with governance skills and demonstrated leadership in responsible investment. 

Asset owner election   

For the 2025 Board elections the PRI Board encouraged candidates from asset owner signatories headquartered in Latin America. The PRI is a global organisation, and aims for global representation on the Board, particularly within the asset owner positions. 

During an ‘exclusivity period’ for asset owner signatories headquartered in Latin America, the PRI received one eligible nomination for the one asset owner representative position. Asset owner signatories will have the option to vote for the candidate, oppose or abstain. 

Service provider election  

For the service provider representative position, the Board encouraged candidates with expertise on technological platforms and techology change projects.  

The PRI received one eligible nomination for the one service provider representative position. Service provider signatories will have the option to vote for the candidate, oppose or abstain.  

How signatories can vote

From 23 October main contacts for every signatory organisation will be invited, via emails from takepart@cesvotes.com, to vote on behalf of their signatory organisation. The voting will be conducted via an independent voting provider ‘Civica Election Services’ which is a web-based online voting system. All votes are anonymous.  

Signatory voting closes on 5 December at 00:00 (GMT). 

If you have any queries about the election and voting process, please contact info@unpri.org.

PRI Board

The PRI Board is collectively responsible for the long-term success of the PRI, in particular:

• setting the strategy, risk appetite and structure;
• delegating the implementation of the strategy to the PRI Association Executive (the executive);
• monitoring the executive’s performance against the strategy;
• exercising accountability to signatories;
• being responsible to relevant stakeholders.

PRI Board composition
The Board is composed of:

• one independent Chair (confirmed by a signatory vote)
• ten elected directors:
  • seven directors elected by asset owner signatories;
  • two directors elected by investment manager signatories;
  • one director elected by service provider signatories; and
• two permanent UN advisors who are representatives from the PRI’s founding UN partners: UN Global Compact and UNEP Finance Initiative. 

The chair and all elected directors are fiduciaries, with associated directors’ duties, and the statutory members of the company.

Eligibility
Board Directors are all senior leaders within their signatory organisations. To be eligible to stand for the election, candidates must be a ‘relevant officer’, a person who is employed or otherwise serving as:

1. the Chief Executive Officer of a Signatory; or
2. the Chief Investment Officer of a Signatory; or
3. in the case of a Signatory that does not have the offices of Chief Executive Officer or Chief Investment Officer: the most senior investment professional of that Signatory; or
4. a director serving on the main governing board (and not merely any subsidiary boards, subordinate boards or committees) of a Signatory; or
5. a trustee of a Signatory; or
6. an executive employee of a Signatory in a role where his or her immediate line manager is one of the persons described in sub-paragraphs (1), (2) or (3) of this definition of Relevant Officer.
7. a former relevant officer

For information on the current PRI Board Directors, including Directors’ terms, see the table below.

Skills, experience and diversity

As part of the commitment to strengthen the rigour and accountability of the election process, the PRI is providing guidance and information to candidates and signatories in advance of their vote.

The Board should have the appropriate balance of skills, diversity, experience, independence, and knowledge of the organisation to enable it to discharge its duties and responsibilities effectively. This necessary diversity encompasses a sufficient mix of relevant skills, competence, and diversity of perspectives. It may include but is not limited to: geographical diversity of signatory representation to bring regional knowledge and perspectives to the board; diversity of geographical origin, ethnicity, language and culture, and also gender diversity.

The Board needs to be appropriately representative of the diversity of the PRI signatories in order to generate effective debate and discussion around the key issues that the board considers, and to deliver the broadly founded leadership that the initiative requires. The PRI is a global organisation, and aims for global representation on its board, particularly within the asset owner positions. Therefore, for the asset owner representative position the Board encouraged candidates from asset owner signatories headquartered in in Latin America.

For the service provider representative position, the Board encouraged candidates with expertise on technological platforms and technology change projects.

For all positions, the PRI Board encouraged nominations from candidates with governance skills and demonstrated leadership in responsible investment.

Candidates are asked to elaborate leadership and governance experience, and demonstrated leadership in responsible investment, in their candidate statement. This information as well as information on the nominating signatory, the candidate biography, statement, and candidate video will enable the signatory electorate to easily compare the skills, experience, and diversity of the respective candidates.

Director expectations
Directors are nominated by a signatory organisation and elected by signatories, from a signatory category, but have a responsibility to fulfil their duties as an individual and in the long-term interests of the PRI as a whole.

Term duration

The successful candidates in the election are elected for three-year terms and are expected to serve from 1 January 2026 to 31 December 2028. No Director may serve for more than three consecutive three year terms as an elected Director.

Time allocation

The Board has a mixture of online and in-person meetings. For 2026, there are three in-person Board meetings planned lasting 1.5 days each, and four additional virtual meetings.

The expectation is that Directors will participate in every meeting. All Directors are asked in advance for their availability for the meetings. Directors are expected to dedicate additional reading and preparation time leading up to meetings. The time commitment is approximately 12-14 days including meetings and preparation, but excluding travel.

Board members are typically appointed to between one and three Board committees. The five permanent committees (Finance, Audit and Risk; Governance; People and Culture; Policy; and Progression and Accountability Oversight) facilitate the discussions and workings of the Board and are critical to the effectiveness of the Board. The workload of each committee is varied, but on average a committee will have three or four 1.5-hour conference online meetings per year. The expectation is that each committee member will participate in every respective committee meeting, with a requirement to participate in a majority of meetings of that committee in a calendar year.

Attendance at online and/or in-person planned and ad hoc Board meetings, committee meetings, and conference calls will be recorded in the annual PRI Board report and on the PRI website.

Expenses

The PRI is a not-for-profit organisation and does not compensate Directors. There is however a set travel allowance for the travel expenses of Directors that attend in-person meetings.

2025 PRI Board election timetable

Current Board directors

*End of term Board directors

Further information

For more information on the role of the PRI Board, expectations of Directors, application and elections process email info@unpri.org  for a written query and/or to set up a briefing call.

Also refer to the following materials:

• PRI strategy 2024-27
• Directors Terms of Reference for information on the role and responsibilities of the Directors (PDF)
• Election Rules for information on relevant articles, election timetable, campaigning, and voting (PDF)
• Board Diversity Policy for information on PRI’s equality, diversity, and inclusion (PDF)
• Code of Ethics and Conduct for information on PRI Board guidance on the professional standards expected from PRI Board members (PDF)
• Articles of Association of PRI Association for information on PRI’s governance and operations (PDF)
• PRI Board members for information on our Board members, biographies and Board composition.