APG Asset Management, the asset management firm owned by the giant Dutch civil service pension fund ABP, has appointed Claudia Kruse as its new head of corporate governance.
Kruse, who joined APG in 2009 as a Senior Sustainability and Governance Specialist, takes over from Paul Frentrop who left at the end of last year to set up his own firm.
She was previously an Associate Director in the Governance and Responsible Investment team at F&C Investments and headed up environmental, social and governance (ESG) research at JP Morgan Securities inLondon. In her new role she will oversee risk management at investee companies and “integrating corporate governance with the investment process”.
Kruse was named as a Rising Star of Corporate Governance by the Yale School of
Management’s Millstein Center for Corporate Governance and Performance in 2008.
She recently co-wrote The Governance of Corporate Sustainability which appeared in the Rotman International Journal of Pension Management.
Kruse also sits on the European Federation of Financial Analysts Societies’ Commission on ESG issues.