Ethics body re­thinks its strat­egy

Five new trustees ap­pointed to Jewish As­so­ci­a­tion for Busi­ness Ethics

The Jewish Chronicle - - HOME NEWS - BY LEON SY­MONS

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”

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