People & Appointments: Wells Fargo names international head of sustainability

The latest ESG movers and shakers: Invesco appoints Betournay director of ESG research; CA100+ announces new steering committee members.

Wells Fargo has appointed Andrew Bowley as international head of sustainability. He joins the US bank from Nomura where he spent nine years, most recently as sustainability governance officer. He has also held roles at JPMorgan and KPMG, and was director at the Global Financial Markets Association from 2022-23.

Invesco has hired Molly Betournay as director of ESG research. She replaces Sudip Hazra, who left in June to join the First Sentier MUFG Sustainable Investment Institute as director. Betournay joins from Clean Yield Asset Management, where she was director of social research and shareholder advocacy. She was also formerly director of ESG research at advisory firm Pathstone Federal Street, an ESG research analyst at Federal Street Advisers, and a senior research analyst at Pax World Funds for five years.

Climate Action 100+ has expanded its global steering committee with six new members. The appointments, which are for a 3.5-year term, are: Flora Wang, head of stewardship at Asia Fidelity International; Jane Karen Ho, head of stewardship for APC at BNP Paribas Asset Management; Alison Ewings, ESG general manager at QIC; Alejandro Bujanos, head of sustainable investing at Sura Mexico; Valeria Piani, head of stewardship at Phoenix Group; and Peter Cashion, managing investment director of sustainable investments at CalPERS. The steering committee comprises the CEOs and directors from five investor networks – the Asia Investor Group on Climate Change, Ceres, Investor Group on Climate Change, Institutional Investors Group on Climate Change and Principles for Responsible Investment – and 10 investor representatives.

Nordea Asset Management’s head of responsible investments Eric Pedersen has joined the International Sustainability Standards Board investor advisory group. Nordea is the only bank represented on the IIAG, which comprises 63 asset owners and managers. Pedersen is also chair of Denmark’s sustainable investment forum, Dansif.

The Responsible Investment Association Australasia (RIAA) has named Estelle Parker and Dean Hegarty as co-CEOs to replace Simon O’Connor, who leaves the role after 10 years. Parker has been an executive manager at RIAA since 2021, and previously spent 14 years at the Australian Department of Foreign Affairs and Trade. Hegarty has been an executive manager at RIAA for the past three years, having spent six years at the Australia HR Institute. He has been a board member at the Impact Investing Network since March.

Mary Delahunty has been appointed as CEO of the Association of Superannuation Funds of Australia. She was formerly head of impact for more than three years at Hesta, and joins from Seven Advisory where she was managing director.

Siobhan Archer has been promoted to global stewardship lead at LGT Wealth Management, after joining the firm as a sustainable investment specialist in 2021. Archer previously worked at the PRI and Arabesque Asset Management.

PGIM has named Sancia Dalley as managing director of DE&I. In the new position, she will oversee the asset manager’s investment portfolio and Historically Black College and University’s investment strategy. Dalley joins from Robert F Kennedy Human Rights, where she was senior vice-president of investor engagement and strategic partnerships for more than six years.

Pierre Cannet has joined ClientEarth as global head of public affairs and policy. He previously spent nine years at WWF France, where he started as head of climate, energy and sustainable cities programme, before being promoted to chief conservation officer, and most recently executive director of advocacy and campaigns. Cannet was also formerly a climate and environment adviser at the UN Global Compact.

The Minderoo Foundation has hired Dennis Fritsch as a blue economy associate in its ocean finance team. He leaves the UN Environment Programme Finance Initiative after three years working across sustainable blue finance. Fritsch was also formerly a research lead at Responsible Investor. He will continue in his roles as a lecturer at the Frankfurt School of Finance and Management, and as a jury expert for the European Maritim and Fisheries Fund at the European Commission.

Fernando Olmedo has started as investor outreach manager at the FAIRR Initiative. He leaves the PRI after three years working on signatory relations. Olmedo has also held ESG roles at Vigeo Eiris and La Banque Postale Asset Management.

The London Stock Exchange Group is recruiting a sustainability governance senior manager. The successful candidate will be responsible for evolving LSEG’s sustainability policy and governance framework, as well as supporting the group head of sustainability and collaborating with the compliance team to build a register of applicable sustainability-related legal requirements.