Global alternative investment-focused asset manager Oaktree Capital Management announced today the appointment of Priya Prasad Bowe as Head of ESG.
In her new role, Prasad Bowe will be responsible for the firm’s ESG efforts globally, leading Oaktree’s ESG Governance Committee and driving the integration of ESG efforts across the firm’s investment and non-investment organizations.
Prasad Bowe will report directly to Co-Chairman and Chief Investment Officer Bruce Karsh. Karsh, said:
“Priya’s appointment reinforces Oaktree’s ESG commitment and will help ensure we remain well positioned for the future. This move reflects Oaktree’s belief that ESG considerations are central – not ancillary – to every part of our business.”
Prasad Bowe joined Oaktree in 2019, serving as Senior Vice President, Credit Product Specialist, focused on private and multi-strategy credit. She was also involved in the process of developing an and implementing of the ESG framework for Oaktree’s flagship multi-strategy product Global Credit. Prior to joining Oaktree, Prasad Bowe worked at Citadel Securities, where she was head of Fixed Income Derivatives Sales & Strategy.
Prasad Bowe said:
“ESG integration strengthens our investment processes and keeps us aligned with our clients, their beneficiaries and our collective long-term interests,” says Ms. Prasad Bowe. “I look forward to leading Oaktree’s ESG strategy as we continue to evolve in this important and exciting area.”