RI People & Appointments, Dec. 19: Mats Andersson, Richard Breeden, John Kay, Nordea Asset Management, TIAA Global AM

The latest ESG movers and shakers

Mats Andersson, former chief executive of Sweden’s Fjarde AP-fonden (AP4), has set up and will lead a new web-based personal carbon footprinting and low-carbon lifestyle site called NO2CO2, in addition to a portfolio of roles, which include non-exec roles at Svolder, a Swedish investment trust, PRI Pension Egen Regi, a pensions administration company, and a vice chair role at The Global Challenges Foundation, set up by the Swedish financial analyst and author Laszlo Szombatfalvy, which researches the most pressing global risks to humanity with the aim of catalysing new ways of tackling them. He has also been named Chair of a Swedish Government inquiry into promoting green bonds.

The Public Company Accounting Oversight Board (PCAOB) has appointed the former Chairman of the US Securities and Exchange Commission to its Standing Advisory Group. The US body has named Richard Breeden, who also chairs hedge fund Breeden Capital Management, as one of eight new members to the committee that advises it on standard setting. During his time heading up the SEC, Breedan made a number of significant moves including changing rules around proxy voting and shareholder resolutions. The PCAOB also reappointed seven individuals, resulting in membership of 37. Membership lasts for three years, beginning in January. The organisation will meet in May and November next year, it announced.

Adam Frost has left his role as Impact and ESG Investment Manager at Partners Group, a spokesperson for the Switzerland-listed global private markets investment management firm has confirmed. Frost, a former executive at BP Alternative Energy, joined Partners in 2013 from Sarasin & Partners where he was Head of Governance, Environmental & Social Research. He has been replaced by Adam Heltzer, who is based in the firm’s New York office and is Head of Responsible Investment (a function which sits inside Partners’ broader Industry Value Creation business unit). Prior to joining Partners Group, Helzer worked at the World Economic Forum, The Louis Berger Group, and CG/LA Infrastructure.

Vijay Advani has been named as President and Chief Operating Officer of TIAA Global Asset Management, the $915bn US investment giant. He joins from Franklin Templeton Investments, where he was co-President and will report to CEO Rob Leary. Before joining Franklin Templeton, he spent 11 years at the World Bank’s International Finance Corporation. Link

Timothy Mohin has been appointed as the new chief executive of the Global Reporting Initiative (CRI), the corporate sustainability reporting body. He succeeds Eric Hespenheide, who has led Amsterdam-based GRI for the last six months on an interim basis; Hespenheide will remain a member of the GRI board and become its next Vice Chairman in 2017. Mohin is a former executive at tech firms like Advanced Micro Devices (AMD), Intel and Apple and has worked in the sustainability field both at the Environmental Protection Agency and the US Senate. Announcement

David Weil, the former Credit Suisse and Merrill Lynch investment banker whose iiWisdom governance portal was acquired by Institutional Shareholder Services last August, has joined advisory firm CamberView Partners as a Senior Advisor.

Standard Life Investments, the UK-based fund manager, has appointed Archie Struthers to the role of Head of Investments. He will join next month from Aberdeen Asset Management, where he was Global Head of Investment Solutions and report to Chief Investment Officer Rod Paris.Susan Noble has been named as the new non-executive chair at BNY Mellon’s Newton Investment Management. Asset management veteran Noble, formerly with Robert Fleming Asset Management and Goldman Sachs Asset Management, is also non-executive director of British Empire Trust plc and is the Chairman of ATI (Alliance Trust Investments). She takes over from Helena Morrissey at the end of the year. Announcement

Professor John Kay has stood down from the Investor Forum, the UK investor-corporate engagement body that was one of the main recommendations of his 2012 review of equity markets. “John joined the Board at the inception of the Forum in 2014 but, with the Forum now firmly established, he has stood down to allow others to take the work forward,” says a statement on his personal website. It added: “In the last two years, it has engaged in quiet diplomacy to contribute to change at about a dozen large British companies, judging – correctly in my view – that shareholders can best bring about improvements in strategy and governance by private persuasion rather than through a megaphone.” He had agreed to become a member of the initial Board for two years while it was established.

Chris Anker has joined Columbia Threadneedle Investments as Senior ESG Analyst. He was formerly Investment Manager – Sustainable Ownership at RPMI Railpen and was Acting Secretary of the EIAG (Ethical Screening & Stewardship Manager) of the Church of England from 2011 – 2014.

Roderick Munsters, the former Dutch pension fund investment chief and former CEO of fund manager Robeco, has resigned as Head of Edmond de Rothschild Asset Management after seven months “for personal reasons” and will return to his native Netherlands. Munsters will join the board of Edmond de Rothschild Asset Management (France) SA, the company said. Vincent Taupin becomes Head of Asset Management and French Private Banking. Munsters called his tenure “short but exciting”.

Nils Bolmstrand has been named as the new Head of Nordea Asset Management, the largest asset manager in the Nordics. Bolmstrand, 44, comes from a position heading Nordea Life & Pensions, and he has previously held managerial positions within Nordea Asset Management and the asset management-division of Skandia and Old Mutual. Johan Nystedt has been appointed acting Head of Nordea Life & Pensions. Announcement

Rakhi Goss-Custard, previously Director, UK Media at Amazon.com, will join the board of UK fund manager Schroders on January 1 as a non-executive director. Prior to joining Amazon she held roles at TomTom and in management consultancy in the US. She’s also a non-executive director at Kingfisher, Rightmove, and Intu Properties.

Chris Bowers, a former UK Special Forces soldier, has become CEO at Green EnviroTech Holdings Corp., an OTC-traded sustainable waste tech firm. Gary De Laurentiis continues as chairman. Bowers will continue as president of Smart Fuel Solutions.

Renewable Energy Specialists are being sought by the European Investment Bank (EIB) in Luxembourg. “The EIB wishes to enhance its contribution to EU energy policy objectives further, notably for Renewable Energy technologies. In this context, the EIB is looking for Renewable Energy specialists,” the Luxembourg-based bank said.