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Rachel Pether, CFA

Profile picture of Rachel Pether, CFA

Rachel Pether, CFA

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Name

Rachel Pether, CFA

Your Country

United Arab Emirates

Company

3iQ

Position

Managing Director

Gender

Female

Core Industries

Digital Assets, Family Office, Fintech, Marketing, Sovereign Funds, Strategy

Experience

Through years of practical experience, Rachel has a unique mix of skills in strategy, investment management, and communications. As a CFA Charter holder and Chartered Treasurer with 15 years of experience at international investment firms (3iQ, SkyBridge Capital, and Mubadala Investment Company), Rachel possesses a deep knowledge of the financial markets, including digital assets. In 2014, the Association of Corporate Treasurers named her “The One to Watch”. Rachel originally trained as a journalist and spent 6 years with the BBC. She is a published author and member of Mensa.

Board positions:

Sovereign Wealth Fund Institute

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NEDs and Economic Substance (“ESR”)

Pursuant to ESR, certain companies deploying a “relevant activity” have to demonstrate that they have effective substance in their jurisdiction by satisfying a so-called “economic substance test”. ESR is in force in the UAE since 30th April 2019.

A company meets the test if it is directed and managed in the UAE and has adequate people, premises and expenditure in the country.

In this context, the composition and competence of the board of directors – composed of both executive director(s) and NED/s –, and the proper recording of minutes of all board meetings are key factors when assessing whether a company is compliant or not.

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