Erika Karp
Erika Karp is an American entrepreneur, businesswoman and investment advisor as well as a writer and speaker on issues related to sustainable finance. She is the Founder of and chief executive officer of an investment firm called Cornerstone Capital Inc. [1]She is known as a veteran executive on Wall Street. Karp is a founding Board member of the Sustainability Accounting Standards Board. She is an advisor to the UN Global Compact's LEAD Board Development Program, a member of the World Economic Forum’s Global Agenda Council on Financing and Capital, and an Advisor to the Clinton Global Initiative’s Market-based Approaches track.
Erika Karp | |
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Born | Erika Karp New York, New York, USA |
Education | Wharton School - University of Pennsylvania; Columbia University |
Occupations |
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Title | Chief Executive Officer of Cornerstone Capital Inc |
Prior to launching Cornerstone in August 2013, Karp was managing director and head of Global Sector Research at UBS Investment Bank. She also chaired the UBS Global Investment Review Committee and served on the UBS Securities Research Executive Committee and the Environmental and Human Rights Committee of the UBS Group Executive Board.
Education and early career
Karp received her B.S. in Economics from the University of Pennsylvania’s Wharton School in 1985[2] and her MBA in Finance from Columbia Business School in 1991.[3]
She began her professional career at IBM’s ROLM Telecom division as an account representative. In 1989, she left IBM to get her MBA. In 1991, Karp became a director of institutional equity sales at Credit Suisse First Boston.[4]
Karp joined UBS Investment Bank in 1999 and was promoted to Managing Director, Global Head of Research Product Management in 2002.[5] She created the UBS Q-Series research initiative to drive investment research from across regions. She also joined the Global Investment Review Committee (GIRC), composed of researchers from around the world. In 2007, Karp was appointed head of Global Sector Research.
Awards and honors
Karp has been named to AdvisorOne’s “Top 50 Women in Wealth,”[6] GOOD magazine's “GOOD 100”[7] and the “Purpose Economy 100.”[8] She is also among 50 “conscious capitalists” profiled in Kim Curtin's 2015 book, “Transforming Wall Street: A Conscious Path for a New Future.” [9]
In 2014, she was named as a “Woman of Influence” by the New York City Business Journal, as part of a national program honoring women who innovate, succeed and "pay it forward," and who stand out both for their achievements in the marketplace as well as their commitment to community and mentoring.[10]
She was honored in May 2015 by the Greyston Foundation of Yonkers New York, for demonstrating a lifelong commitment in support of sustainable business and social enterprise.[11]
Cornerstone Capital was a finalist for the 2014 Finance for the Future Award, which recognizes financial leadership in developing successful business models that produce financial returns and deliver environmental and social benefits.[12]
References
- Eric Roston (8 August 2013). "Former UBS Banker Wants to 'Accelerate the Velocity of Money'". Bloomberg. Retrieved 19 November 2013.
- Kuehner-Hebert, Katie. "Banking on Good Returns". Wharton Magazine. The Wharton School: University of Pennsylvania. Retrieved 3 May 2016.
- "Columbia Business School 2014 Social Enterprise Conference". Columbia Social Enterprise. Retrieved 3 May 2016.
- "BrokerCheck". FINRA. Financial Industry Regulatory Authority. Retrieved 3 May 2016.
- Neil Stewart (27 November 2012). "Strength in Diversity". IR Magazine. Retrieved 19 November 2012.
- Staff (15 July 2011). "The 50 Top Women in Wealth". Think Advisor. Retrieved 21 September 2015.
- Staff (2014). "The 100". GOOD magazine. Archived from the original on 19 September 2015. Retrieved 21 September 2015.
- Staff (2014). "The Purpose Economy 100". Purpose Economy. Archived from the original on 12 July 2015. Retrieved 21 September 2015.
- Kim Ann Curtin (20 March 2015). "Transforming Wall Street". Retrieved 21 September 2015.
- Staff (11 December 2014). "Women of Influence Winners Announced". New York Business Journal. Retrieved 21 September 2015.
- Staff (1 August 2015). "Greyston Honors Falkenberg and Karp at 2015 Annual Gala". The Bronxville Bulletin. Retrieved 21 September 2015.
- Staff (2014). "Past Winners and Finalists". Finance for the Future Awards. Retrieved 21 September 2015.