People & Appointments: Ilmarinen names new Head of Sustainable Investment

The latest ESG movers and shakers

Karoliina Lindroos will replace Anna Hyrske as Head of Sustainable Investments at Finnish pension fund Ilmarinen. Hyrske left after 20 years in July, to become a responsible investment specialist at Finland’s central bank. Lindroos previously worked for Finnish development finance firm Finnfund, as a Senior Environmental and Social Advisor.

Employees at Federated Hermes have launched a cycle challenge to celebrate the life of their colleague, Aimee Stoffel, who died from cancer in 2019. Led by Eoin Murray and James Cook, a group will cycle the length of England for The Brain Tumour Charity on 1 September and are encouraging others to take part and donate. 

Andreas Stang, head of ESG at PFA Asset Management, will join insurance and pension company Topdanmark as an investment manager. Stang has been head of ESG at the €92bn Danish pension fund for over four years. Prior to that he was chairman of Dansif and Senior ESG Analyst at Danske Capital.

Sanaz Kafayi Raczynski has left Nuveen, where she was Head of Sustainability for Real Assets and Private Markets. She has moved to private equity house Kholberg & Company to be Director of Sustainability.

Carillon Tower Advisers has hired Joy Facos as Head of Responsible Investing. The asset manager said the appointment would lead its “continuing progress towards the six principles” of the PRI. Facos was previously a consultant at ESG Research Associates and a Senior Sustainable Investing Research Analyst at Sentinel Investments.

Christine Tørklep has been named Director of Industry and Services Sectors at the Norwegian Research Council, Norges Forskningsråd. Tørklep spent more than a decade heading up sustainability for Storebrand. Since then, she has worked in a number of roles related to green agriculture and technology, and the circular economy. She has also advised the Norwegian Government on sustainability.

Tony Shepherd, an ex- business advisor of former Australian Prime Minister Tony Abbott and a critic of wind and solar has been appointed to serve on the board of government-owned energy company, Snowy Hydro. In 2013, Shepherd was appointed to lead the Abbott government’s National Commission of Audit, which recommended the dismantling of climate and energy policies introduced by the previous Rudd-Gillard governments. He will replace outgoing board member Helen Coonan for a three-year term. 

Oshni Arachchi, former Associate Director at ISS ESG, has taken up a new role as ESG Corporate Analyst at Swedish insurer, Folksam. Arachchi spent eight years with ISS ESG/Ethix including more than three years as Vice President.

The Sustainable Development Investments (SDI) Asset Owner Platform is looking for a Research Director based in Utrecht, The Netherlands. The platform was recently founded by Dutch pension managers APG and PGGM, to accelerate the market adoption of sustainable investments. 

Pacific Asset Management has appointed a new ESG specialist portfolio manager. Will Thompson joins from HSBC Global Asset Management where he had worked as a Senior Portfolio Manager on the multi-asset team since 2014. 

Denise Halle has joined the Joseph Rowntree Foundation as Head of Social Investment. Halle previously worked as a financial institutions specialist with the World Bank and Merrill Lynch, moving into social investment in 2007. She also previously worked at Numbers for Good, providing business and financing advice to social enterprises and most recently spent 17 months as Interim Portfolio Director at Big Society Capital.

Climate Bonds Initiative is recruiting for a new Finance Director reporting to the Deputy CEO to oversee the overall financial management of CBI.