Robin Cosgrove Prize for Ethics in Finance

Robin Cosgrove Prize for Ethics in Finance

Charity information

Robin Cosgrove Prize for Ethics in Finance

The Robin Cosgrove Prize for Ethics in Finance invites innovative ideas for ethics and integrity in all aspects of the financial sector. The Robin Cosgrove Prize promotes greater awareness among young people throughout the world of the benefits of ethics in finance. The vision of the Prize contributes to strengthening the ethical foundations and good quality management of banking and finance based on trust and integrity, especially in emerging markets.

The competition for the Robin Cosgrove Prize invites young people, aged 35 years or younger, to submit written papers setting out innovative and creative ideas to promote ethics in finance and banking. The aim is to strengthen the sustainability of ethics in banking and finance and to reinforce its implementation throughout the world. In 2007 the Prize of USD 20,000 was awarded to two young banking professionals - a young woman from Australia and a young man from Singapore, together with a special prize in micro-finance awarded to a young female accountant from Egypt.

The Prize was set up in 2006 in UK as a division of SFI, and in Geneva in the International Finance Observatory. The Robin Cosgrove Prize for Ethics in Finance reflects the vision of Robin, a successful young investment banker, who died in an accident aged 31. He was convinced that the sustainable future of the international finance sector depended on strengthening commitment to ethics and integrity, building on honesty, trust and mutual respect. The tragedy of his death has become the inspiration for the global Robin Cosgrove Prize for Ethics in Finance.

The 2008-9 Prize will be awarded towards the end of 2009. Details re available at www. Robincosgroveprize. Org

Founded 2004