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The Growth for Good Acquisition Corporation (NASDAQ: GFGDU) has appointed Dana Barsky as President, effective immediately. Ms. Barsky brings over 20 years of experience in sustainability finance, having previously been Global Head of Sustainable Finance at Credit Suisse. Growth for Good focuses on merging with environmentally sustainable companies that have strong fundamentals and growth potential. CEO Yana Watson Kakar praised Barsky's expertise in capital markets and sustainable investments, indicating a strategic push towards financing businesses aligned with global sustainability goals.
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Appointment of Dana Barsky as President expected to enhance expertise in sustainable finance.
Focus on merging with companies that have strong fundamentals and high growth potential, aligning with market demand for sustainability.
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Former Credit Suisse Global Head of Sustainable Finance Brings Over 20 Years of Experience Across Sustainability Strategies, Operations, Advisory and Investment
NEW YORK--(BUSINESS WIRE)--
The Growth for Good Acquisition Corporation (Nasdaq: GFGDU) (“Growth for Good” or the “Company”), a newly formed and differentiated blank check company, today announced that it has appointed Dana Barsky as President, effectively immediately. Ms. Barsky, who formerly served as Global Head of Sustainable Finance at Credit Suisse, will also serve as a member of the Growth for Good Board of Directors (the “Board”).
Growth for Good was established for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities that have strong business fundamentals, high growth potential, and a mission of positively impacting the environment and society. It intends to focus on inclusive and environmentally sustainable companies where it believes its management team, board members and advisors have a competitive advantage based on their prior experiences and investments.
Yana Watson Kakar, Chief Executive Officer of Growth for Good, said, “Dana is a highly experienced, well-recognized sustainable finance executive with significant capital markets, operations, and investment expertise. We are pleased to welcome her to Growth for Good and look forward to leveraging her broad skillsets and deep relationships across the private and public sectors as we seek to identify companies positively impacting our world and poised for long-term growth.”
Ms. Barsky added, “I am thrilled to join the Growth for Good team, whose commitment to inclusion and sustainability aligns perfectly with my own. The market opportunity for sustainability and inclusivity has never been stronger, and yet many companies devoted to these principles still require the right capital to scale their initiatives. I am eager to work closely with management and the Board to change that paradigm by helping to finance businesses with missions that complement our global net zero ambitions.”
As Global Head of Sustainable Finance at Credit Suisse, Ms. Barsky worked with sustainable companies to finance their growth as well as with multinationals looking to transition to a lower carbon-intensive model. In this role, she also created the Credit Suisse sustainable activities framework that shaped the firm’s view on sustainability, and focused on bespoke capital market transactions, such as blue bonds and wildlife conservation. Previously, she served as Chief Operating Officer and Head of Sustainable Products and Partnerships for Credit Suisse’s Sustainability Strategy, Advisory and Finance Department, overseeing the group’s initiatives and developing sustainable investment products as well as promoting and financing projects that sought to close the funding gaps in the UN’s Sustainable Development Goals. She also worked with leading asset managers to bring third-party sustainable and impact funds to Credit Suisse’s private banking clients. Earlier in her career, Ms. Barsky assisted the founding partners of Sagent Advisors launch an M&A boutique, and also served as a Managing Director at Golden Seeds, an investment firm focused on opportunities for early-stage women-led businesses. Ms. Barsky graduated from The George Washington University and received her MBA with Distinction from Harvard Business School.
About The Growth for Good Acquisition Corporation
The Growth for Good Acquisition Corporation is a newly formed and differentiated blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. It intends to focus on inclusive and environmentally sustainable companies with strong business fundamentals and high growth potential, where it believes its management team, board members and advisors have a competitive advantage based on their prior experiences and investments. The Company is led by Ms. Yana Watson Kakar, Chief Executive Officer, a seasoned executive and recognized leader in sustainable and socially responsible business and the Global Managing Partner Emeritus of Dalberg Advisors. For additional information, please visit: https://g4ginvestment.com/.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to our business strategy, potential advantages and future plans. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the SEC. Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Source: The Growth for Good Acquisition Corporation
FAQ
What is the significance of Dana Barsky's appointment to Growth for Good Acquisition Corporation?
Dana Barsky's appointment as President is significant as she brings over 20 years of experience in sustainable finance, which is crucial for Growth for Good's focus on environmentally sustainable companies.
How does Growth for Good Acquisition Corporation define its business focus?
Growth for Good focuses on merging with environmentally sustainable companies that demonstrate strong business fundamentals and high growth potential.
What are the future plans of Growth for Good Acquisition Corporation following the appointment of Dana Barsky?
Following Dana Barsky's appointment, Growth for Good plans to leverage her expertise to identify and finance companies that align with sustainable and inclusive business practices.