People & Appointments: Odaro moves to PAI as head of ESG and sustainability

The latest ESG movers and shakers: BoE seeks co-head of climate hub; International Organisation of Securities Commissions appoints new chair.

Denise Odaro has been appointed as head of ESG and sustainability at French private equity firm PAI. Odaro left the International Finance Corporation in September after 10 years as head of investor relations and sustainable finance co-ordination. At the same time, she stepped down from of the executive committee of the Green, Social and Sustainability-linked Bond Principles at the International Capital Market Association after more than eight years. She took up the IFC position in 2012 after working for the World Bank’s Multilateral Investment Guarantee Agency, and has sat on a number of ESG bodies, including advisory groups for both the London and Nigerian stock exchanges. At PAI, she replaces Cornelia Gomez, who left the firm in January 2022 and is now global head of ESG at General Atlantic.

The Bank of England is recruiting a senior policy manager to act as co-head of the climate hub team. The person will replace Theresa Löber, who served at the Bank of England for more than 10 years. They will manage a four-member team alongside co-head Tim Rawlings. Applications for the role will close on 5 November.

Jean-Paul Servais has been appointed chair of the International Organisation of Securities Commissions (IOSCO) board. He will replace Ashley Alder, who held the position for six years. Servais, who has served as vice chair of IOSCO since 2016, is also chair of Belgium’s Financial Services and Markets Authority, the European Regional Committee, and the IOSCO Finance and Audit committee, and co-chair of The Monitoring Group. He chairs the IFRS Foundation’s monitoring board on behalf of IOSCO. Servais is a member of the board of supervisors of the European Securities and Markets Authority, the European Systemic Risk Board, and sits on several supervisory college boards.

IOSCO’s board has also hired two vice chairs to replace Servais: Ariizumi Shigeru, vice commissioner for international affairs at Japan’s Financial Services Agency, and Rostin Behnam, chair of the US Commodity Futures Trading Commission.

BlackRock has appointed Dickon Pinner to lead its new Transition Capital platform, a unit dedicated to investing in opportunities created by the transition to a low carbon economy. Pinner joins from McKinsey & Co, where he worked for more than 20 years, most recently as sustainability practice global leader.

Lloyds Banking Group is recruiting a head of ESG enterprise credit risk to manage a team of 12 employees. The candidate will be expected to establish ESG risk taxonomy and prioritisation, oversee the group’s net-zero programme and targets, design and implement ESG-related risk appetite, policies and standards and be a point of contact for external queries from stakeholders. Applications for this role will close on 4 November.

Morgan Després has been promoted to executive director at the European Climate Foundation. His role will focus on climate finance, land use, net zero and macroeconomy. He joined the organisation in July as senior adviser for green finance following 10 years at the Banque de France.

IIGCC is recruiting three members – two asset owners and one asset manager – for its open board positions. It is seeking candidates with a financial background, CEO-level experience or skills that complement the existing board. Nominations for these positions close at 5pm today.

BNY Mellon Investor Solutions has hired Manisha Ali as head of responsible investing. She previously worked as an ESG portfolio specialist at Neuberger Berman for more than five years.

David Katimbo-Mugwanya has been promoted to head of fixed income at EdenTree Investment Management. He has worked at the company for seven years, most recently as a senior fund manager. He was previously at Epworth Investment Management for more than eight years.

Tim Mohin is stepping down as chief sustainability officer at Persefoni following two years of service. He will continue to serve as CEO of ESG Advisor, a consultancy firm he set up in October 2020. He joined Persefoni from the Global Reporting Initiative, where he was chief executive for three years.

Nicholas Wandke has been promoted to head of climate at Westpac, where he will work across the consumer and banking division. His previous role at the bank was as executive manager of ESG risk. Wandke formerly worked at Standard Chartered for five years and in environmental roles at Glencore for more than nine years.

Philip Wendenburg has joined SAP Fioneer as global head of ESG solutions. He previously worked as director, financial services capital markets accounts advisory at PwC, where he spent more than 14 years. He is also a founder and member of climate-tech start-up, Grow My Tree.