GLOBAL - Former DWS chief executive Christian Strenger has been named chairman of the International Corporate Governance Network , succeeding Alastair Ross Goobey.

Strenger is a member of the German government's commission on corporate governance and the author of the Code of Best Practice for quoted German companies. He is a board member at BASF, Fraport and Deutsche Bank fund arm DWS among others.

"ICGN has an unprecedented opportunity to take the corporate governance agenda forward in particular through focusing upon new issues such as the governance of institutional investors and intensified dialogue with corporations," Strenger said.

"We will be actively engaged in practical discussions on reform through our members, but also co-ordinating our efforts with other agencies such as the World Bank, OECD, State of Delaware and the European Commission".

The ICGN added that Mark Anson, chief investment officer at the California Public Employees Retirement System, has joined the board.

Other new board members included Bruce Babcock of ADP ICS-Europe, Andrew Clearfield, formerly at TIAA-CREF, the Association of British Insurers' Peter Montagnon and Stilpon Nestor, formerly of the Organisation for Economic Cooperation and Development.

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