Jessica Pulay joins IFFIm Board of Directors
Jessica Pulay joins IFFIm Board of Directors
19 March 2020
Jessica Pulay
Finance executive brings deep experience of public and private sector funding
London, 19 March 2020 – Jessica Pulay has been appointed to the Board of Directors of IFFIm, the International Finance Facility for Immunisation, and will serve a three-year term effective 1 April 2020.
Ms Pulay brings to the board experience from her long and varied career in both private and public sector finance and capital markets. She joins five other directors with diverse backgrounds in banking, capital markets, and the health sector, as well as experience in supranational, government and development finance. Ms Pulay’s appointment to IFFIm’s board coincides with the end of the term of retired banking and microfinance executive Marcus Fedder, who served on the board for seven years, since 2013.
"Jessica brings her extensive experience in private and public sector markets to IFFIm. Her perspective and expertise will be invaluable as we use innovative tools to help Gavi address both immediate and future public health challenges,” said Cyrus Ardalan, Chair of IFFIm's Board of Directors.
As a board member, Ms Pulay will oversee governance for IFFIm as it looks for opportunities to positively impact global health outcomes. A pioneering socially responsible investment organisation established in 2006, IFFIm has, to date, received US$ 6.55 billion in multi-year pledges which it has used to back the issuance of Vaccine Bonds sold on capital markets to raise flexible, immediate funding for Gavi, the Vaccine Alliance. Gavi’s programmes are aimed at saving children’s lives and protecting people’s health by increasing use of vaccines in lower-income countries. The bonds have proven attractive to investors looking for a socially responsible investment that also offers a good rate of return and portfolio diversity.
Ms Pulay’s appointment to the IFFIm Board is in a personal capacity. Her background includes 16 years at the European Bank for Reconstruction and Development (EBRD) in London, as well as working for Morgan Stanley, Goldman Sachs, and Credit Suisse First Boston. Ms Pulay also contributes to education and the arts as a trustee of the Wallace Collection, a former trustee of the Arts Foundation and a committee member of the Cliveden Literary Festival, as well as 17 years of service to Queen’s College, a London-based school where she was vice chairman of the governing council. Following her experience in the 2004 Asian tsunami, Ms Pulay helped to establish the Rewatha Orphanage in Sri Lanka.
Ms Pulay has, since 2015, been Co-Head of Policy and Markets at the UK Debt Management Office (DMO), where her responsibilities include managing (and providing policy advice on) the UK government’s debt issuance and cash management strategy, as well as leading the research and business operations areas. She is also an executive member of the DMO’s managing board.
Share this article
Restricted Access Library
The material in this Restricted Access Library is intended to be accessed only by persons with residence within the territory of a Member State of the European Union and is not intended to be viewed by any other persons. The material in this Restricted Access Library is provided by IFFIm for information purposes only and the materials contained herein were accurate only as of their respective dates. Certain information in the materials contained herein is not intended to be, and is not, current. IFFIm accepts no obligation to update any material contained herein.
Persons with residence outside the territory of a Member State of the European Union who have access to or consult any materials posted in this Restricted Access Library should refrain from any action in respect of the securities referred to in such materials and are otherwise required to comply with all applicable laws and regulations in their country of residence.
By clicking Access restricted content: DYNAMIC-LINK-TEXT I confirm that I have read and understood the foregoing and agree that I will be bound by the restrictions and conditions set forth on this page.
The materials in this Restricted Access Library are for distribution only to persons who are not a "retail client" within the meaning of section 761G of the Corporations Act 2001 of Australia and are also sophisticated investors, professional investors or other investors in respect of whom disclosure is not required under Part 6D.2 of the Corporations Act 2001 of Australia and, in all cases, in such circumstances as may be permitted by applicable law in any jurisdiction in which an investor may be located.
The materials in this Restricted Access Library and any documents linked from it are not for access or distribution in any jurisdiction where such access or distribution would be illegal. All of the securities referred to in this Restricted Access Library and in the linked documents have been sold and delivered. The information contained herein and therein does not constitute an offer for sale in the United States or in any other country. The securities described herein and therein have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable state securities laws.
Each person accessing the Restricted Access Library confirms that they are a person who is entitled to do so under all applicable laws, regulations and directives in all applicable jurisdictions. Neither IFFIm nor any of their directors, employees, agents or advisers accepts any liability whatsoever for any loss (including, without limitation, any liability arising from any fault or negligence on the part of IFFIm or its respective directors, employees, agents or advisers) arising from access to Restricted Access Library by any person not entitled to do so.
IFFIm welcomes Augustin Flory
24 April 2024