People & Appointments: Elizabeth Seeger leaves PE giant KKR for the ISSB

The latest ESG movers and shakers: NatWest head of climate and sustainable finance resigns; Quilter Investors hires head of responsible investment.

Elizabeth Seeger has left her position as managing director of sustainable investing at KKR after 13 years to become a member of the International Sustainability Standards Board (ISSB). She has worked as a member of the PRI reporting and assessment advisory committee and has held board member positions on the Sustainability Accounting Standards Board and at Resource Environmental Solutions.

Staying with the ISSB, the IFRS Foundation has appointed Ken Shibusawa as a special adviser to the chair of the board. He is currently CEO of alternatives advisory firm Shibusawa and Co and works in advisory positions for The University of Tokyo and Brunswick Group. He is also an independent director at MICIN and Higo Bank.

Rishi Madlani has resigned from his role as head of climate and sustainable finance at NatWest. He has worked at the bank for more than seven years and previously chaired the pensions committee for the London Borough of Camden, where he is an elected councillor. Madlani, who was recently re-elected as a member of the UK Sustainable Investment Finance Association’s board, will have three months of gardening leave.

Quilter Investors has hired Marisol Hernandez as head of responsible investment. She replaces Eimear Toomey, who left the company earlier this year. Hernandez worked as head of asset owners at the Principles for Responsible Investment for more than four years. She is an advisory board member for NorthPeak Advisory.

Adrian Rimmer has been appointed director of sustainable finance at the London Stock Exchange Group (LSEG). He was senior adviser of green finance for LSEG between 2018 and 2021. He has held chief executive roles at The Gold Standard Foundation and the European Environmental Markets and was president and board chair for the Climate Markets and Investment Association for more than four years.

The University of Oxford is seeking a research associate in net-zero aligned offsetting at the Smith School of Enterprise and the Environment. Applicants should be PhD candidates who have specialist knowledge of net-zero aligned carbon offsetting. Applications for this role will close on 9 December.

Kevin Smith has been hired as head of ESG for private equity firm American Securities, following more than 18 years at Goldman Sachs. He held the role of head of ESG advisory in the investment division of the bank. Smith has also been on the advisory board for the World Resources Institute and Closed Loop Partners.

The PRI is recruiting a stewardship intern for a four-month contract in London. The intern will help co-ordinate investor activities on ESG issues and address system barriers that inhibit effective active ownership. Applications for the role will close on 6 November.

Australian super-fund CareSuper has named Nick Tranotis as ESG manager. He will work alongside head of ESG, Claire Molinari, to manage the fund’s net-zero programme and proxy voting activities. Tranotis joins from the Australian Council of Superannuation Investors, where he most recently worked as ESG engagement manager. He has also held analyst roles at UniSuper and at the National Australia Bank.

Lauro Marins has been appointed as senior manager, financial risk management ESG, at KPMG Brazil. He joins from Resultante ESG, where he was head of ESG consulting and climate change. He also held several roles at CDP over his six years of service.

The appointment of Rishi Sunak as UK prime minister has led to a reshuffle of a number of finance and climate ministers. Guy Opperman has returned as pensions minister following two weeks of service from Alex Burghart. Opperman – the longest-serving pensions minister – was fired by former Prime Minister Liz Truss but has been reappointed.

Jacob Rees-Mogg has resigned from his position as secretary of state, business, energy and industrial strategy. Concerns had been raised about the climate credentials of Rees-Mogg, who has been replaced by former home secretary Grant Shapps.

Alok Sharma and Graham Stuart will continue in their respective roles as president of COP26 and minister for climate but will no longer attend cabinet meetings.