Sachin Vankalas, Managing Director of LuxFlag, passed away unexpectedly
Sachin Vankalas, the Managing Director of LuxFlag, has passed away unexpectedly. The LuxFlag Board of Directors and the LuxFlag team are deeply saddened to learn of the sudden passing of Vankalas, the organization said in a brief press release.
The general manager of LuxFlag, Luxembourg’s sustainable finance lobby group, has died of Covid-19 after battling the disease in hospital, a spokesperson confirmed. Vankalas, who worked at LuxFlag for 10 years, died at the age of 38.
166% growth for LuxFlag’s ESG fund labels
ESG is becoming mainstream at an incredible pace. This is witnessed by the 166% growth in awarded ESG-labels for investment products by not-for-profit organisation LuxFlag over the past twelve months, says its general manager Sachin Vankalas in an interview with Investment Officer.