David Harris has been appointed as Group Head of Sustainable Business at London Stock Exchange Group, a new role. He will also continue his current role as ESG Director at FTSE Russell. The exchange said that combining the two roles would give him a platform for overseeing the development of a fully integrated market-facing strategy to integrate sustainability and green finance into products and services. Harris has held a number of external senior positions supporting the market, including as Board Vice-Chair of UKSIF (the UK Sustainable Investment and Finance Association) between 2012 and 2015. Last year he chaired the UN Sustainable Stock Exchange’s Working Group to develop Model ESG reporting guidance for exchanges globally.
Jason Rosenberg has been appointed chief compliance officer at Calvert Investments, the US SRI investor with $13.4bn (€11.8bn) under management. He joins from ACA Compliance Group where he advised investment advisers on regulatory and compliance risk. He has had stints at the Securities and Exchange Commission (SEC) and at NASD (now FINRA). CEO John Streur said his hiring was “the culmination of my efforts to reaffirm Calvert’s commitment to the highest ethical standards.” The firm said Rosenberg would join its growing team of compliance professionals and Hope Brown as chief compliance officer of Calvert Funds.
There are four new members of the Swedish Corporate Governance Board, the body that promotes the development of Swedish corporate governance. They are: Göran Espelund, chairman of Lannebo Fonder, the privately owned investment manager; Marianne Nilsson, head of Corporate Governance at funds house Swedbank Robur Fonder; Lena Olving, CEO at electronics firm Mycronic; and Olle Nordström, chairman of construction firm Besqab. They succeed Staffan Bohman, Eva Halvarsson, Tomas Nicolin and Caroline af Ugglas while Eva Hägg succeeds Staffan Bohman as deputy chairman.
Abdalah Mokssit has been named the new Secretary of the Intergovernmental Panel on Climate Change (IPCC). A Moroccan national, he is the current Vice-President of the World Meteorological Organization (WMO). The IPCC is the world body for assessing the science related to climate change that was set up in 1988 by the WMO and the United Nations Environment Programme (UNEP).
The Climate Bonds Initiative has announced the membership of its new Marine Technical Working Group, which has been launched to develop eligibility criteria for low carbon and climate resilient investments in the marine sector. It is made up of marine scientists, academics and industry experts from around the world with expertise covering sustainable fisheries, aquaculture, marine energy, coastal zones, ports and marine infrastructure.
UK trade body the Investment Association has appointed Chris Cummings as its new chief executive. It follows the departure of Daniel Godfrey last October. Cummings will succeed Guy Sears, who acted as interim chief executive during a search process. After spending seven years as director general at AIFA, the trade body for financial advisers, Cummings launched TheCityUK, a membership body which lobbies on behalf of the financial industry in 2010.
The Australian government has reportedly appointed six of the country’s most prominent clean energy and climate professionals to the board of the Australian Renewable Energy Agency (ARENA). The board will be headed by Baker & McKenzie lawyer and head of its climate change practice Martijn Wilder, who is also a director of the Clean Energy Finance Corporation (CEFC), chair of the NSW Climate Change Council and a director and governor of WWF Australia.Stephanie Maier, Head of Responsible Investment Strategy and Research at Aviva Investors, has joined the board of the Aldersgate Group, the alliance of leaders from business, politics and civil society that drives action for a sustainable economy. Maier, previously Head of Research at EIRIS, was elected to the board of the UK Sustainable Investment and Finance Association (UKSIF) in 2013 and also chairs the Institutional Investors Group on Climate Change (IIGCC) Corporate Programme. Link
Swiss private bank J. Safra Sarasin has confirmed a press report that Chief Financial Officer Thomas Müller will resign at the end of September. His replacement is Marcelo Szerman, currently Managing Director in charge of the bank’s Corporate Centre. According to Inside Paradeplatz, Müller is the last executive from the era before 2013, when the Lebanese-Brazilian banking Safra Group acquired Sarasin. His replacement Szerman is said to be close to the Group, having attended university with the son of Group CEO Joseph Safra.
Professor Sir David MacKay, the University of Cambridge’s Regius Professor of Engineering, has died aged 48 from cancer. He was Chief Scientific Advisor to the UK’s Department of Energy and Climate Change between 2009 and 2014 having written ‘Sustainable Energy – Without the Hot Air’ in 2008. The university announced: “We are very sorry to hear of the death of David MacKay. Our thoughts are with his family and friends.” Link
Professor Stuart Palmer has joined the trustee board of the £49bn Universities Superannuation Scheme (USS), according to Professional Pensions. Palmer, who chairs the trustees at the University of Warwick Pension Fund and is chairman of Council at Cardiff University, takes over from David McDonnell who stepped down at the end of his term, it added. The report added that Palmer is honorary secretary of the Institute of Physics and sits on the board of the Mercia Seed Corn Fund.
Tamara Barker has been named as the new Chief Sustainability Officer and Vice President of Environmental Affairs at logistics firm United Parcel Service (UPS). She succeeds Rhonda Clark, a 26-year UPS veteran, who has been named Vice President of Corporate Plant Engineering. Barker will work to advance the company’s 2020 sustainability goals and initiatives; drive environmental affairs and plant engineering activities internationally; and lead cross-functional committees responsible for global sustainability reporting, global greenhouse gas (GHG) emissions reduction strategy, and employee engagement in sustainability. Announcement
The European Investment Bank is seeking Investment Officers for new Financial Instruments in the SME financing, low carbon, urban regeneration and/or innovation sectors, for the Italian, Maltese and Western Balkans market.
Julie Didier has been named as Manager, Marketing & Communications at LuxFLAG, the Luxembourg fund labeling agency that supports sustainable finance. She holds an MA in Marketing, Services and Communication Management from the University of St. Gallen in Switzerland. Link
SHARE, Canada’s Shareholder Association for Research and Education, is hiring a Committee on Workers’ Capital (CWC) Program Officer to facilitate the activities of the Global Unions Committee on Workers’ Capital (CWC) Secretariat at SHARE. It says: “This is a part-time permanent position, 17.5 hours per week.” Applications will be accepted until April 21.