The Global Impact Investing Network (GIIN) has appointed Mark Grier, Vice Chair of Prudential Financial in the US, as its new board chairman. Prudential was an original member of the GIIN’s Investors’ council, a leadership group for large-scale impact investors and has made a public commitment to building a $1bn portfolio of impact investments by 2020. Grier joined Prudential as Chief Financial Officer in 1995 and was named its Vice Chairman in 2002. Previously, he was co-head of Chase Global Markets and an Executive Vice President of The Chase Manhattan Bank. He replaces GIIN Founding Board Chair Anthony Bugg-Levine, CEO at Nonprofit Finance Fund, who remains on the board of directors.
Kirsty Collins, the former director of investor relations at GSK, has joined Aviva Investors on a short-term contract. She told RI she has joined the team to cover the maternity leave of Stephanie Maier, Head of Strategy and Research in the Global Responsible Investment team.
Dr Paul Fisher has been appointed as Vice Chair of the Banking Environment Initiative (BEI) at the Cambridge Institute for Sustainability Leadership (CISL). He is a former Executive Director for Supervisory Risk and Regulatory Operations at the Bank of England and former Deputy Head of the Prudential Regulation Authority (PRA). He will advise the BEI in its current growth phase. He is also Chairman of the London Bullion Market Association and Chair of Trustees at the London Institute of Banking and Finance. Link
Helen Clarkson has been named as the new chief executive at the Climate Group, the international non-profit group. Currently operating chief at the Forum for the Future, the sustainability charity, she will take over from acting CEO Damian Ryan. Ryan took over at the time of former CEO Mark Kenber’s departure in July last year. Viki Cooke, founding partner at research consultancy Britain Thinks, becomes a trustee. Link
Satish Bapat has been named CEO of NN Investment Partners, the asset management arm of Dutch-listed NN Group that is a successor to ING Investment Management. He takes over from Stan Beckers, who is retiring. Bapat has been CEO of NN Life Japan since 2013. From 2011 to 2013, he was CEO Asia Pacific and Global CFO for NN Investment Partners. Announcement
Peter Harrison, Group Chief Executive of Schroders, the UK funds house, has been appointed chair of the board at trade body the Investment Association. Andrew Formica, CEO at peer firm Henderson, becomes Deputy Chair. It comes as current Chair Helena Morrissey steps down to join Legal & General Investment Management.Matthias Narr is to leave his role with the Robeco Governance & Active Ownership team to join Switzerland-based Ethos and contribute to its Ethos Engagement Pool International (EEP International). The EEP International program will engage companies listed outside Switzerland to encourage good corporate governance and environmental and social sustainability. A spokesman from Robeco said his replacement will be Cristina Cedillo Torres, an internal candidate.
The CEO of Impact Investing Australia Daniel Madhavan is reportedly leaving the organisation at the end of next month. Impact Investing Australia will not be replacing the CEO role, but Executive Director Sally McCutchan will take over leadership responsibilities from April 1. Prior to joining Impact Investing Australia, Madhavan was Chief Operating Officer and Acting CEO at wealth management firm JB Were.
Annabel Short, Deputy Director of the Business & Human Rights Resource Centre is leaving after more than 13 years with the organization, which has launched the recruitment for a Deputy Director, North America. Short will join a ALIGN (the Alliance for a Greater New York) as Deputy Director. Link
Canadian Prime Minister Justin Trudeau has named Jim Leech, the former President and CEO of the Ontario Teachers’ Pension Plan (Teachers’), as Special Advisor on the planned C$35bn Canada Infrastructure Bank. Leech will work with the government “to expedite the swift and successful creation of the Canada Infrastructure Bank”. He would also help oversee an open and transparent process to recruit board members for the bank.
Former Securities and Exchange Commission Chair Mary Jo White has returned to private law practice, joining her former firm Debevoise & Plimpton LLP as Senior Chair. White chaired the SEC from April 2013 to January 2017, having been being Chair of Debevoise’s Litigation Department from 2002 to 2013. She will focus on counseling boards of directors and representing clients on “significant and sensitive matters, including companies facing crises involving multi-faceted government investigations and cases”.
A Programme Director for the Green Economy Coalition is being sought. The coalition is a network of over 50 collaborating organisations, with a secretariat hosted by IIED and based in the Shaping Sustainable Markets Group. The Programme Director will develop, lead and manage two global Green Economy programmes: National Dialogues and Natural Capital.