RI People & Appointments, Aug. 27: Capital markets body ICMA plans move into sustainable finance with senior hire

The latest ESG movers and shakers

The International Capital Markets Association (ICMA) plans to move into “sustainable finance generally” with the appointment of a full time Sustainable Finance Director. The new role, based out of Paris or London, will focus on “the green, social and sustainability bond market and sustainable finance more generally”. So far, ICMA has limited its ESG remit to developing the Green and Social Bond Principles, and similar guidelines for labelled loans. However, RI understands the organisation is planning to widen its focus to ESG integration into mainstream fixed-income activities. ICMA declined to comment on the development. Recruitment for the new position will close on September 20.
Sara Nordbrand, Head of Sustainability at the Church of Sweden, is to join Swedish telecoms firm Telia as Head of Daring Goals, a firm-wide commitment for a carbon neutral value chain, in addition to its own operations, by 2030. She will also assume the responsibilities of the Head of Sustainability at Telia in the interim.

Ben Caldecott has become part-time Senior Advisor to the UK Green Finance Institute (GFI), which is also recruiting secondees. Caldecott is Founding Director of Oxford University’s sustainable finance programme and a Senior Associate Fellow at Conservative think tank Bright Blue. GFI was established by the government and the City of London earlier this year to help position the UK as a leader on green finance. Caldecott will advise CEO Rhian-Mari Thomas and Chair Sir Roger Gifford, but will retain his Oxford position.

Vigeo Eiris has closed its recruitment process for a Brussels-based ESG Analyst due to high demand. On LinkedIn, Jordi Lesaffer, Vigeo Eiris’ site and research manager in Brussels, said “overwhelming and massive reaction” to the job meant the firm would stop taking applications. “It means just one thing: ESG/SRI is booming, and this is being reflected in the job market, with a huge pool of very high skilled, experienced and motivated candidates!” he said.

Fábio Henrique de Sousa Coelho, a director at the pension regulator Previc or Superintendência Nacional de Previdência Complementar, will be the next head of Brazil’s governance and stewardship organisation Amec or Associação de Investidores no Mercado de Capitais. He success Mauro Rodrigues da Cunha, who is Chairman of Caixa Econômica Federal.

Dean Segell has left blended finance group Convergence, where he was an Associate Director and founding member, to join Canadian insurance group Sun Life as Director, Sustainable Strategy. Segell was previously a consultant at policy advisory Dalberg, where he was involved in developing the business plan for Convergence, the world’s first platform connecting investors and blended finance opportunities in emerging markets.Rosemarie McClean has been named Pension Benefits Administrator of the United Nations Joint Staff Pension Fund (UNJSPF) by UN Secretary-General António Guterres, following the recommendation of the UNJSPF board. She is currently Chief Operating Officer of the Ontario Teachers’ Pension Plan in Toronto.

Mary Quaney, Group CFO of Dublin-based renewables company Mainstream Renewable Power, has been appointed to its board. She has been CFO since 2009 and is a member of Mainstream’s Risk & Investment and CSR Committees.

Huw van Steenis, a senior adviser to Bank of England governor Mark Carney, has been hired by UBS to lead its Investor Relations function and chair a new firm-wide Sustainable Finance Committee. He was formerly Strategy head at Schroders and Banking Research head at Morgan Stanley. Van Steenis led a recent review on the future of the UK financial sector, including how it can support the carbon transition, in anticipation of the country’s withdrawal from the EU.

Peter Lindley has been appointed as President and CEO of Toronto-based OPTrust, replacing Hugh O’Reilly who stepped down in March to “pursue other interests” after four years in the role. Lindley was formerly President and Head of Investments for State Street Global Advisors and had ultimate oversight of its Canadian operations. OPTrust manages pension assets of Ontario public employees and is one of the largest DB schemes in the country with over C$20bn ($15bn) under management.

Anna Shelley, the Chief Investment Officer for Australia’s Catholic Super, has also been named CIO of Equip Super, approximately a month before a landmark A$26bn ($17.6bn) joint venture between both Australian funds is due to begin operations. The appointment comes after Computershare CEO Scott Cameron was announced as incoming CEO for both funds.

Lyndon Schneiders is to leave environmental pressure group the Wilderness Society, Australia where he is National Campaigns Director, after nearly nine years with the organisation. Schneiders, who previously wrote an RI op-ed objecting to BP plans to drill for oil on Australia’s southern coast, will now focus on advocacy.

ClientEarth, the environmental law firm, has vacancies for a number of roles including Head of Programme: Ocean, Plastics, and Chemical. It is also still seeking a replacement for its outgoing Head of Climate, Alice Garton.

Northern Trust Asset Management, the Illinois-headquartered asset manager with $1.2trn under management, is seeking a London-based Head of ESG Research who will report to the Director of Product Development & Sustainable Investing. The successful applicant will oversee the assessment of corporate ESG risk and opportunities.