
Dutch civil service pension fund ABP has appointed Loek Sibbing, a career pensions professional, to the board at the end of March. Sibbing has served as director of the pension funds of Randstad, Volker Wessels and Unilever Nederland and was also formerly chair of the board at the Nederlandse Investeringsinstituut NV. Describing his ambitions at ABP, Sibbing said he hoped to change the perception that “sustainability comes at the expense of returns” (translated).
Responsible investment stalwart Cary Krosinsky has announced an additional role as Sustainability Advisor to DeepGreen Metals. The Yale University lecturer and co-founder of the Sustainable Finance Institute updated his LinkedIn this week to include the new position, which he says he has held since January. DeepGreen Metals is a Canadian producer of metals obtained from the seafloor, and focuses on sustainability and production for electric vehicles and clean technologies.
The Global Green Growth Institute (GGGI), an intergovernmental organisation supporting country transition to environmentally sustainable and socially inclusive economic models, has appointed Susanne Pedersen as Assistant Director-General and Head of GGGI’s Investment and Policy Solutions Division (IPSD), a role she is due to start in June. Pedersen is currently the Managing Director at Climate-KIC Nordic Aps, the Nordic arm of Europe’s largest public-private partnership addressing climate change.
Alessia Falsarone, has been appointed Head of Sustainable Investing, a newly created role, at PineBridge Investments, the US-based firm with $89.6bn in assets under management. Falsarone will also continue to lead the portfolio strategy and risk efforts at the firm.
BlackRock has reportedly added Tanya Levy-Odom and Shannon Nelson to its investment stewardship team. This comes in the wake of several departures of BlackRock stewardship executives, according to a Reuters report. Zach Oleksiuk, former Americas team chief, has left for investment bank Evercore, while James Hamilton and Peter da Silva Vint left for PJT Camberview and Moelis & Co respectively. Link
The SEC has named Danae Serrano as the agency’s Ethics Counsel where she will lead the SEC’s ethics and compliance program, a role she has served in an acting capacity since December. Prior to joining the SEC in 2010, Serrano was an attorney in the U.S. Air Force, Office of the General Counsel before serving in the General Counsel’s Office of the Pension Benefit Guaranty Corporation (PBGC).
Chief Executives for Corporate Purpose (CECP), a CEO led coalition promoting the importance of a corporate social strategy, has announced the addition three CEOs to its board: Barbara Hunt (Siemens USA), David Kenny (Nielsen) and Mauricio Gutierrez (NRG Energy). CECP was founded by actor Paul Newman in 1999 and now counts 200 companies as members.
Kathleen Sebelius, a former Secretary of the U.S. Department of Health and Human Services and Governor of Kansas, has joined the board of Exact Sciences Corp, a medical diagnostics company specialising in the early detection of cancer. The move had been pressed for by an investor diversity initiative including the UAW Retiree Medical Benefits Trust.
Nicholas Moreau, formerly the CEO of DWS, has been appointed to the advisory board of ALPIMA, a data and technology provider for investment professionals. Moreau, currently CEO at Ladbroke Advisory, also previously helmed AXA France and AXA Investment Managers.ESG Global Advisors, an advisory firm “bridging the gap between companies and shareholders on ESG-related issues”, has recruited Scott Margach, a fund manager with 25 years of experience, as a principal. The firm was founded by Judy Cotte, former Head of Corporate Governance and Responsible Investment at RBC.
Paul Polman and Patty Stonesifer have been appointed to the Board of Trustees of the Rockefeller Foundation. Polman, the former Unilever chief executive, is widely known as a champion of responsible business practices although his exit was overshadowed by a showdown with shareholders over an attempt to move Unilever’s headquarters from London to Rotterdam. Patty Stonesifer has served as CEO of the Bill & Melinda Gates Foundation for over a decade and worked in tech prior to that.
Triodos Investment Management has named David Harleman as its Head of Product Development. In this role, he will be responsible for setting the product development agenda and the development of new funds across different impact investing themes.
Andrew Watchman has stepped down as CEO and TEG Chairman of the European Financial Reporting Group (EFRAG) after his three-year term ended in March. During his time at the helm of EFRAG, which advises the European Commission on international financial reporting standards, the association established the European Corporate Reporting Lab and completed its first impact assessment.
The United Nations Joint Pension Staff Pension Fund (UNJSPF) is looking for an Investment Associate to assist in the development and implementation of a Sustainable Investing approach. The NY-based Office of Investment Management (OIM) of the UNJSPF directly manages 80% of pension assets and is looking for a candidate to carry out sustainable quant research, support ESG analytics and developing SDG frameworks and reporting.
KKS Advisors, an advisory firm founded by Harvard professor George Serafeim, has name Anuj A. Shah the Managing Director of its Boston Office. Prior to this, Shah founded Linear Impact Partners, a provider of sustainable investing strategies for positive social and environmental outcomes.
CalPERS, the Californian public pension fund, is advertising for an Investment Officer within its Sustainable Investments (SI) team. Successful applicants will be required to provide analysis on emerging ESG issues, support strategic planning for the SI team and prepare reports, memos and presentations for internal and external audiences.
United for a Fair Economy (UFF), a social campaign group, is looking for a Development Director with a “rounded understanding of all aspects of fundraising”. UFF receives over 80% of their funding from individual donors, while foundation grants provide the remaining amount. The organisation intends to increase grant funding, thus the successful candidate will be an experienced development professional who will oversee the grant writing process.
The Grantham Research Institute at the London School of Economics (LSE), a climate change research and policy centre, is advertising for an experienced analyst to join the Institute’s sustainable finance team as a project lead on a fixed two year term in the first instance. The team is headed by Professor Nick Robins a prominent climate practitioner. Applications must be received by April 29.