The Global Infrastructure Investor Association (GIIA) has appointed Andy Rose as its inaugural chief executive.
In his new role, Rose will be responsible for growing GIIA into “the leading global advocacy association representing equity investors in infrastructure”, according to a GIIA statement. He will work with governments, regulators and policymakers “to develop attractive and stable environments for infrastructure investment, and articulating the economic and societal contributions of infrastructure”.
“Having worked in senior roles in infrastructure in both the public and private sectors, I am fully aware of the vital role institutional investment plays in supporting global ambitions for modern infrastructure,” Rose said in a statement. “I look forward to establishing the GIIA as the leading advocacy association for the asset class.”
Rose was recruited from his post as chief executive of the UK Government's Homes and Communities Agency (HCA), a role he filled for the past three years. Prior to joining HCA, Rose was an executive board member of Partnerships UK, a jointly public- and private-owned organisation with a remit to support delivery of publicly-sponsored major infrastructure projects.
He also worked from 2011 to 2013 as a partner at European debt advisor and asset manager AgFe, preceded by 17 years with the Canadian Imperial Bank of Commerce during which he rose to become a managing director responsible for the infrastructure business.
GIIA chairman Matthew Farnum-Schneider said at the time of the announcement that Rose's “significant experience both within government and the private sector renders him immensely qualified to take forward the important aims of the GIIA”.
The GIIA was launched in March last year. It currently represents 43 leading infrastructure investors globally with a combined €300 billion ($326 billion) in infrastructure assets.
Rose will assume his new role as GIIA's chief executive in April 2016.