RI People & Appointments, April 15: KPMG, UN Joint Staff Pension Fund, Finance Matters, State Street

The latest ESG movers and shakers

Annalisa Barrett has joined the Board Leadership Center of audit, tax, and advisory firm KPMG LLP. Based in San Diego, she joins from her previous roles as founder and CEO of Board Governance Research and senior advisor at ValueEdge Advisors. She formerly held corporate governance leadership positions at The Corporate Library (now MSCI ESG Research) and Towers Perrin (now Willis Towers Watson). She joins other “luminaries” as they are described at the center: Patrick A. Lee (former legal executive at Verizon), Susan M. Angele (former legal executive at Hershey and Kraft/Nabisco), Stephen L. Brown (former head of corporate governance at TIAA), Claudia H. Allen (former co-chair of Katten Muchin Rosenman LLP’s Corporate Governance practice), and Ken Daly (former CEO of the National Association of Corporate Directors).

The United Nations has withdrawn a job advertisement for a new CEO of the $60bn UN Joint Staff Pension Fund (UNJSPF). The vacancy had been open from April 8-May 19 but the site now says: “Sorry, this job opening is no longer available.” The role would have replaced Sergio B. Arvizú, who resigned in January. He had faced complaints over his handling of a new IT system, which he defended in his resignation letter. The $220,062 post is appointed under a five-year fixed term contract.

Karsten Kallevig has been named CIO of Real Estate at Norges Bank Investment Management, manager of Norway’s giant sovereign wealth fund. He was previously CEO of Norges Bank Real Estate Management, a position he has held since 2011. Prior to that Kallevig was head of Japan at Grove International Partners.

Yves Mersch, Executive Board member at the European Central Bank (ECB), has been put forward by the central bank’s Governing Council to fill the vacant position of Vice-Chair of its Supervisory Board. Mersch, who last year warned of the Ponzi risk inherent in green finance at an event in Frankfurt, now needs the approval European Parliament. The Supervisory Board proposes draft decisions for the ECB’s main decision-making body, the Governing Council.Rob Lake, former Director of Responsible Investment at the UN-supported Principles for Responsible Investment (PRI), has been named as an advisor to Finance Matters, the London-based network of investor professionals focused on sustainability created by non-profit Finance Innovation Lab. Lake, who was also formerly Head of Sustainability and Governance at APG Asset Management and a member of the Norwegian Government Pension Fund’s Strategy Council, is the founder of Authentic Investor.

Francisco Aristeguieta has been appointed CEO for international business at State Street. He joins from Citigroup where he was CEO of its Asia business and will report to the bank’s president and CEO, Ron O’Hanley. Initially based in Hong Kong, Aristeguieta will be responsible for all of State Street’s business activities outside of the US including “driving strategy, stewarding client engagement, developing talent, pursuing growth opportunities and increasing market share as well as deepening relationships with local government officials and regulators”. Among many roles, he is a former chair of Columbian pension manager Colfondos.

Huda Al Lawati, Chief Investment Officer at Saudi based retail specialist investment firm Savola Group, has been named as a board member of the Middle East Investor Relations Association (MEINA), the non-profit promoting international standards in corporate governance in the region.

The Grantham Institute, the London School of Economics-based climate research centre, is looking for a Planet Tracker Policy Fellow – Sustainable Finance and Conservation – to join a team led by noted RI figure Professor Nick Robins. The role will involve overseeing nature conservation programs. Planet Tracker is the new think-tank project from Robins and Mark Campanale, the team behind the Carbon Tracker Initiative.

Border to Coast Pensions Partnership (BCPP), one of the eight UK local authority pension pools, has advertised for a Leeds-based RI Research Analyst to support the pool’s stewardship activities.