The Sustainability Accounting Standards Board (SASB) has appointed Janine Guillot as its CEO, succeeding Madelyn Antoncic.

Guillot joined SASB in late 2015 and her initial role was leading SASB’s outreach to investors. During her time in this position, SASB established an Investor Advisory Group of asset owners and managers calling for market standards for ESG disclosure.

Since joining SASB, Guillot’s focus has expanded to encompass policy and outreach for all stakeholder groups as well as leading efforts to drive adoption of the SASB standards.

Guillot said: "I am thrilled to lead SASB through this next phase of its life. I originally joined SASB with the belief that disclosure drives improved performance on sustainability issues, which delivers a win for companies, investors and society. SASB is a critical piece of market infrastructure to enable sustainable economic growth."

SASB Foundation board of directors vice-chair Mary Schapiro said: “SASB is pleased to welcome Janine Guillot as our next CEO. Many of SASB's achievements in recent years can be traced to Janine's leadership and influence.

“The combination of her capital markets experience and relationships, along with her deep knowledge of SASB's work, position her to be a high-impact leader at this important moment in time.”

Commenting on her departure, Antoncic said: "I am glad to have had the opportunity to help deliver SASB's message globally. As a market economist, I know markets can only operate efficiently with transparency and a set of reliable standards, and I am pleased to have helped contribute to the global adoption of sustainability standards.”