The International Monetary Fund will co-host the award ceremony for the 5th edition of the global Ethics in Finance Robin Cosgrove Prize. The Ceremony will take place at the IMF headquarters in Washington, USA, at a special event on the 21st September 2015. Ms. Christine Lagarde, Managing Director of the International Monetary Fund will congratulate the Prize laureates.
The 5th edition of the Ethics in Finance Robin Cosgrove Prize
Robin loved life as a young investment banker in Tokyo and London. He was passionate about success and about his integrity. He believed that banks and the finance sector in general bring benefits to people and to commerce.
He travelled widely throughout the world. His experiences convinced him that the finance sector should serve the common good as well as making profits. He was concerned that complicated financial products would blur ethical and practical considerations.
For him, trust was the essence of good banking. But he feared that many young finance professionals were losing touch with the fundamentals. He set his life goal to promote better understanding of the critical importance of trust, ethics and personal and corporate integrity.
Sadly, at much too young an age, he lost his life in an accident on Mont Blanc.
The Prize, with its core focus on Ethics in Finance, is a small step to encourage young people to commit to Robin’s ideals.
The Vision of the Ethics in Finance - Robin Cosgrove Prize