Ethics body rethinks its strategy
Five new trustees appointed to Jewish Association for Business Ethics
THE JEWISH Association for Business Ethics (Jabe) has announced a new strategy, the appointment of five prominent new trustees and a £20,000 grant.
One of the new trustees, lawyer Sharon Faith, was put straight into service this week at Hasmonean Girls’ High School in Mill Hill, North-West London, where she was due to speak as part of Jabe’s “Money and Morals” roadshow, alongside the organisation’s vice-chair, Rosalind Wright, former director of the Serious Fraud Office.
Chief executive Lorraine Spector said the organisation’s strategy was three-fold: “First, we aim to reach more people; second, develop and deliver a flagship programme to schools and businesses; and third, be the market leader in Jewish business-ethics education.
“The demand for Jabe has been so great that we decided we would focus on those areas. The objective is to instil values of honesty, integrity and social responsibility by teaching the Jewish approach to business ethics.”
A £20,000 grant from the Samuel Sebba Charitable Trust has helped fund the production of 12,000 leaflets that will go to all 6,000 secondary schools in the country. Half will be about the “Money and Morals” programme and half about its citizenship programme.
“These are for use by teachers in school. Last year, our programmes were used in 550 schools and there is great demand for what we are offering,” said Ms Spector.
Jabe’s other four new trustees are Michael Marks, chairman of NewSmith Capital Partners and formerly the first non-US executive vice-president of Merrill Lynch; businessman and philanthropist Richard Loftus; Alan Tapnack, executive director of Investec Bank UK; and Mike Karp, a partner at PricewaterhouseCoopers. The organisation also has 17 new patrons following a successful dinner for hedge-fund managers towards the end of last year.
“Jabe is the community’s best-kept secret,” said Ms Spector. “We provide a positive image of Jews in the workplace and a networking resource for the business community. The work we do in schools will ensure that the message filters down to successive generations.”
Lorraine Spector, heading “community’s best-kept secret”