Alan Smith has been appointed the Church of England’s next First Church Estates Commissioner, responsible for the strategic management of the Church Commissioners’ £9.2bn investment portfolio.
Smith is currently a Senior Advisor, ESG Risk and Inclusion at HSBC, the latest in a number of risk-related roles he has held at the bank since joining in 1994. He also chaired HSBC’s Pension Risk Oversight Forum, and is a member of its ESG Steering Committee and Climate Business Council.
The current First Church Estates Commissioner, Loretta Minghella, announced her intention to step down from the role in 2020, in order to become Master of Clare College Cambridge. She will be replaced by Smith on the 1st of October.
The Archbishop of Canterbury said: “Climate change is the most urgent challenge we face, and Alan’s knowledge of environmental issues and risk management will be critically important for the Commissioners’ work”.
The First Church Estat…