Colin Melvin, Global Head of Stewardship at Hermes Investment Management, says he is “taking some time out and looking forward to planning a further contribution to the sustainability of asset management”. On his LinkedIn page, Melvin, who is also chair of the Social Stock Exchange and a director of the Principles for Responsible Investment, founded and led Hermes Equity Ownership Services (EOS), the advisory and engagement service for investors and was at Hermes that is owned by the BT Pension Scheme, for 14 years. He was named Global Head of Stewardship, reporting to Chief Executive Saker Nusseibeh, in February this year. His former role as head of Hermes EOS was filled by co-heads Hans Hirt and Emma Hunt. Melvin chaired the process that drafted the Principles for Responsible Investment and helped to set up the PRI as stand-alone body. He has also had stints on the boards at Dutch governance body Eumedion and Australia’s Regnan. Leon Kamhi, Head of Responsibility oversees the development and integration of responsibility across the Hermes group and will take over Melvin’s stewardship responsibilities.
Paul Druckman has been appointed to the board of the Financial Reporting Council, the UK watchdog. Druckman, who led the International Integrated Reporting Council as CEO for five years and is a former chair of The Prince’s Accounting for Sustainability Project (A4S) Executive Board, will join the FRC’s Codes and Standards Committee and become Chair of the Corporate Reporting Council. Announcement
Steven Dray has been appointed senior portfolio manager at Zevin Asset Management, involving day-to-day management of the firm’s portfolios. He will also sit on its Investment Committee and will participate in the overall management of this employee-owned firm. Dray joins from AlphaOne Capital Partners and prior to that spent 15 years managing portfolios for clients at Strong Capital Management’s sister companies David L. Babson and OppenheimerFunds. Link
John Chatfeild-Roberts is to step down from Jupiter Fund Management’s board to focus on managing his Jupiter Merlin fund range. Chatfeild-Roberts has served on the board for nine years and worked at Jupiter for 15, including five years as Chief Investment Officer. Link
LGT Vectra has appointed Andrew Cattle, former director at Credit Suisse Trust, as a wealth manager. Cattle, who had spent over 15 years with Credit Suisse, will be responsible for developing relationships with high net worth private clients. His appointment reflects a number of expansion steps for the firm which has rebranded following it coming under the ownership of LGT Group.Katharine Tapley has been named Head of Sustainable Finance Solutions (SFS), Loans & Specialised Finance at Australian banking group ANZ, according to reports. She joined ANZ in 2001 and has been a senior member of the Sustainable Finance Solutions team since its formation in 2014. Sydney-based Tapley is a board member of the Carbon Market Institute and an alumnus of the Cambridge Institute of Sustainability Leadership (CISL).
Miles O’Connor has been appointed Chairman of Unigestion UK, the UK arm of the Swiss boutique asset manager. O’Connor was previously Head of UK Institutional and Head of EMEA Institutional at Schroder Investment Management. Announcement
Jan Gooding has been named Global Inclusion Director at Aviva, the first time the insurer and asset manager has appointed a director to lead the inclusion and diversity strategy across the group full time. Gooding joined Aviva in 2008 and is Chair of Trustees at Stonewall, the LGBT campaign group.
Former senior Shell executive Linda Cook has joined the board of BNY Mellon. Cook, currently Managing Director of EIG Global Energy Partners and CEO of Harbour Energy, joins the financial services giant as an independent director. Jennifer Morgan, President of SAP North America, also joins the board.
A Divestment Campaign Co-ordinator is being sought by Healthy Futures, the Melbourne-based not-for-profit group affiliated with Friends of the Earth, to coordinate its campaigns for HESTA and First State Super to divest from fossil fuels on health grounds. Healthy Futures started campaigning for HESTA to divest from fossil fuels in August 2015 and for First State Super to divest from fossil fuels in February 2016.
A policy programme manager is being sought for the Institutional Investors Group on Climate Change (IIGCC), who should build consensus on key topics among the members of this forum for European investors. The role also involves identifying key points on which to engage and influence policy makers in the EU and globally, producing policy papers and other research documents. IIGCC members include large pension funds and asset managers representing €13 trillion in assets under management. Link