Win $20,000 For “Ethics in Finance” Innovation! The Robin Cosgrove Prize!
“By encouraging young professionals to examine their attitudes, ideas and behaviour, the Prize has achieved a truly global presence and is a remarkable instrument for promoting sustainable measures for ethics in all aspects of finance.”
The Robin Cosgrove Prize was launched two years before the world’s financial crisis. The award was created in honor of Robin Cosgrove, a handsome 31 year- old investment banker who died in a tragic climbing accident on Mount Blanc in the French Alps in 2004. Robin was a privileged young banker with a degree from Oxford and career stints at Barclays’, UBS Warburg and BZW. He “believed passionately that sustainable success could come only from high standards of integrity and honesty. ” We could use more Robin Cosgrove’s in the world! Oh, why do the good die young?
The mortgage securities fiasco of the 2000’s and the subsequent economic disaster of unethical finance emphasizes once again the importance of integrity in our financial markets for the global economy. While the tragic loss of this inspiring young banker is a loss for the world as well as for his family and friends, the prize in Robin’s honor is encouragement for others to continue on the path he valiantly began.
The Robin Cosgrove Prize is open to young professionals, academics and advanced students, under the age of 35 who are focused on ethics in finance. The Prize is a competition that invites young finance professionals and advanced students to submit a paper implementing innovative ideas to promote ethics and integrity in finance. The global “Ethics in Finance Robin Cosgrove Prize” currently has a cash award of $20,000.
The global Prize has been awarded since 2006. Prize papers should be submitted in English or French by May 31, 2013. The Robin Cosgrove Prize is recognized by the International Monetary Fund (IMF Institute), the European Bank for Reconstruction and Development (EBRD), and several large commercial banks as a tool for training and staff development.
Category: mensches (men)