RI People & Appointments, April 9: E3G, BMO, UKSIF, CEPB, LGPS Northern Pool, Altera Vastgoed

The latest ESG movers and shakers.

Ingrid Holmes, the respected Director and Member of the Board at E3G, the independent climate change think tank, has left the organisation. RI understands that Holmes is joining Hermes, the UK fund manager. Holmes, who has been with E3G for almost three years, could not be reached for comment. She recently sat on the working groups for both the UK Green Finance Initiative and the EU High Level Expert Group on Sustainable Finance, and was previously an Associate with Climate Change Capital. E3G says it is looking for an experienced practitioner to lead its sustainable finance and investment programme, based in its offices in either London or Brussels. The organisation works working globally to accelerate the transition to a clean, resilient economy. It has offices in Berlin, Brussels, London and Washington DC and active programmes across Europe, Latin America and Asia.

BMO Global Asset Management (formerly F&C Asset Management) has appointed Alice Evans and Claudia Wearmouth as Co-Heads of its Governance and Sustainable Investment (GSI) Team. In their new roles, Evans and Wearmouth will advance the consideration of ESG criteria across BMO’s investment teams and accelerate the growth of the responsible funds range. Evans was Co-Lead Manager of BMO’s Responsible Global Equity Fund from 2010 to 2016, while Wearmouth has over a decade of experience in the company, including as manager of BMO’s independent Responsible Investment Advisory Council (RIAC). Pieter van Stijn also moves from his role as Senior Analyst for Responsible Investment at PGGM into a role as director at BMO, based in the Netherlands.

The Church of England Pensions Board (CEPB) has appointed John Ball to replace former chief executive Bernadette Kenny, after her unexpected death last October. Formerly head of strategy and asset management at London Underground, Ball is currently chief executive and secretary for the diocese of Chelmsford. The CEPB, which provides pensions for over 38,000 clergy and church workers, made a record investment return of 21.2% for 2016 on a £2.4bn (€2.7bn) portfolio.Ian Greenwood has taken up the role of chairman of the LGPS Northern Pool, the £46bn (€52.6bn) pooled vehicle set up by local government pension funds for Greater Manchester, West Yorkshire and Merseyside. Greenwood, who is deputy chair of both the West Yorkshire Pension Fund and the Local Authority Pension Fund Forum, comes to the position after the unexpected death of former chairman councillor Kieran Quinn before Christmas. Greater Manchester Pension Fund chairwoman Brenda Warrington said: “I’m confident [Ian] will continue Kieran’s good work, using investment to drive growth and innovating with our stakeholders to ensure sustainable and affordable pensions for workers who deliver vital public services in the interests of taxpayers.”

Simon Howard, UK Sustainable Investment and Finance Association (UKSIF) chief executive, has been appointed secretary, while Roseanne Newbould steps down as treasurer of the Board of Directors after seven years in the role, with Sarah Gammoh taking up the position.

Djimmer Yetsenga has joined Dutch Real Estate manager Altera Vastgoed (Altera) as ESG Research Manager. He was previously Responsible Investment Analyst at Achmea Investment Management and an active member of Eumedion’s Investment Committee and ICGN’s Shareholder Responsibilities committee. In his new role, he will focus on ESG integration across all real estate sectors and the implementation of Altera’s sustainability policies.

CalPERS has appointed Beth Richtman to the newly created role of Managing Investment Director of its Sustainable Investment Program. She will now lead the ESG team and manage the integration of ESG factors into investment decision across the fund. Richtman, who takes up her new role in the next month, was previously an investment manager at the $357bn Californian pension giant.