Hermes recruits Shell Pension exec for Dutch role

Hermes, the asset manager owned by the BT Pension Fund, has hired Henk Marius, the head of legal and compliance of Stichting Shell Pensioenfonds, to act as a representative in the Netherlands.

RI understands that Marius, the public face of the €15.5bn fund’s responsible investment activities, is to join Hermes next month.

He was involved in the creation of what is now Eumedion, the Dutch Corporate Governance Platform for Institutional Investors. He is on the Shareholders Responsibilities Committee of the International Corporate Governance Network.

Hermes Equity Ownership Services is an advisor to the Shell fund, which engaged with 117 companies on corporate governance and responsible investment issues in the first three months of this year.In August the fund named Mr. P.A. Morshuis and Mr. N.C. van Luijk as employer’s representative and employees’ representatives on the fund board.

At the same time Ms A.J.M. Belilos-Wessels was named Deputy Chairman, taking over from Mr. Robbe.

Meanwhile, the Shell Foundation, the philanthropic arm of the oil major, has outlined a new and successful approach to tackle global development challenges at scale. It has launched a new report “Enterprise Solutions to Scale”. This documents how it has “catalysed the creation of new scalable and sustainable solutions to key global development challenges”.

Shell Foundation Director Chris West said: “We have learned a great deal from both our success and our failure and hope that by sharing our experience, we can help others avoid making the same mistakes.”