RI People & Appointments, Sept. 21: Robeco names replacement for departing CEO Munsters

The latest ESG movers and shakers

David Steyn has been appointed as CEO and Chairman of the Management Board of Robeco Groep, the Netherlands-based fund manager now owned by Japan’s ORIX Corp. Steyn, previously in charge of strategy at Aberdeen Asset Management and chief operating officer and head of distribution at AllianceBernstein, takes over from Roderick Munsters, whose departure was announced earlier this month. Link

A group of responsible investment professionals under the moniker, Responsible Investment for Refugees, have grouped together to help raise funds to support Unicef’s work with refugees in response to the Syrian crisis. Donations can be made in nine currencies from anywhere in the world. The group has been instigated by Rob Lake, Nick Robins, Emma Howard Boyd, Steve Waygood, Will Oulton and Simon Howard. Link to the site.

Mirko Cardinale has joined the Universities Superannuation Scheme (USS), the £42bn (€57.4bn) fund for UK academics, to be the Head of its Multi-Asset Allocation (MAA) team. Cardinale joins USS from Russell Investments, where he held a similar role. The MAA team handles the tactical asset allocation and also participates in deciding the strategic allocation. Along with the Cardinale appointment, USS has hired three additional analysts and one senior portfolio manager for the MAA team. Said Roger Gray, CEO of USS Investment Management: “The strengthening of the MAA team reflects its importance in delivering superior risk-adjusted returns for USS.” Link

UK MP Lisa Nandy has been appointed as the new Shadow Energy and Climate Change Secretary following the appointment of Islington MP Jeremy Corbyn as the new leader of the UK opposition Labour party. Corbyn’s environmental agenda formed a key part of his campaign, including policies to accelerate investment in clean energy.

Danyal Sattar has joined the UK’s Joseph Rowntree Foundation as a social investment manager. His past roles include the Esmee Fairbain Foundation, where he was responsible for its social investment strategy and most recently, Big Society Capital, where he was a development director.

Craig Hurl, Director of Equity Products at Ontario Teachers’ Pension Plan (OTPP), is among a group of senior finance professionals to be named to the Ontario Securities Commission’s Market Structure Advisory Committee (MSAC) for the 2015 – 2017 term. The MSAC serves as a forum to discuss issues associated with market structure and marketplace operations in the Canadian markets.Japan’s Financial Services Agency has named Hitachi’s former Chairman Takashi Kawamura as a member of a panel on corporate governance that will be created following an accounting scandal at JPX-listed firm Toshiba. Masaaki Tanaka, former deputy president of Mitsubishi UFJ Financial Group, will also join the panel. The panel, which will have 17 members, will check progress of Japan’s new Corporate Governance Code and Stewardship Code. Keio University professor Kazuhito Ikeo, who took part in the process to set Japan’s Corporate Governance Code, is expected to chair the panel which will hold its first meeting on September 24. Link

Julian Cripps has joined RPMI, the UK railways pension administrator, as chief operating officer, investments. He will be responsible for Railpen Investments’ front, middle and back office operations and systems, compliance, risk and legal services. Oversee organisational strategy, budget and financial control. He was formerly Chief Operating Officer at River and Mercantile Group PLC.

UKSIF has appointed three new board members. They are John Jarrett, Deputy Head, FTSE Russell ESG; Melissa McDonald, Global Head of Equity Product and Responsible Investment, HSBC Global Asset Management and Alexia Zavos, Head of Responsible Investment, Cazenove Capital. UKSIF now has eight board members, five women and three men.

Helen M. Kearns has joined the Board of Directors at Alberta Investment Management Corporation (AIMCo), which looks after C$75bn (€50.3bn) for Canadian pension funds, governments and endowments. Kearns is Chief Executive of Bell Kearns & Associates, a private wealth management firm based in Toronto. Between 2001 and 2004, she was President of NASDAQ’s Canadian affiliate and before then a Governor of the Toronto Stock Exchange (TSE). Announcement

Dick Sluimers will leave APG Group as Chairman of the Group’s Executive Board on January 1, 2016, having been associated with ABP and APG for a total of 25 years. He will focus on other public administration and consulting work. He’s a member of the Supervisory Board of Akzo Nobel N.V., member of the Board of Trustees of the IFRS Foundation, member of the Supervisory Board of Atradius/Atradius Credit Insurance and member of the Supervisory Board of Netspar. Announcement