RI People & Appointments, Feb. 26: Catholic Super, Australian Ethical, Global Green Growth Institute

The latest ESG movers and shakers

Garrie Lette is to retire as chief investment officer of Catholic Super, the A$9bn (€5.7bn) Australian superannuation fund that operates within a Christian ethical framework. CEO Frank Pegan said he will become an advisor to the fund; it has begun recruiting for a replacement ahead of Lette’s departure later in the year.

Julie Orr has been appointed as a non-executive director of Australian Ethical Investment Limited, the ASX-listed fund firm which this month reported a 41% growth in assets under management for the half year. She has over 25 years of experience in executive roles at companies like Standard and Poor’s and Morningstar. The company said AUM has grown to A2.6bn – driven by net inflows of $341m.

Investment research provider Morningstar Credit Ratings has appointed Brian Grow as president, reporting to Head of Global Research Haywood Kelly.

Elayne Grace will succeed David Bell as CEO of the Actuaries Institute, the Australian professional body. Currently deputy CEO and head of public policy, she’s been at the Institute since 2013. Bell resigned in in late 2017. Last month the Sydney-based organisation named John Evans as its new president, taking over from Jenny Lyon. Nicolette Rubinsztein and Hoa Bui are Senior Vice President and Vice President respectively. Late last year the body published a paper called Climate Risk Disclosure – financial institutions feel the heat, in which it said finance firms “have yet to understand the scope of the risk and their opportunity”.

Walmart has hired Rachel Brand as executive president and global governance and corporate secretary, effective from April 2. Previously, Brand served as Associate Attorney General to the US Department of Justice – the DOJ’s third-ranking position. As well as her role as corporate secretary, Brand will take over responsibility for the retailer’s Legal, Global Ethics and Compliance and Global Investigation, Security, Aviation and Travel departments. Announcement

Old Mutual Alternative Investments (OMAI), Africa’s largest private alternative investment manager, has appointed Zomunoda (Zom) Chizura as Head of Impact Funds, heading a team managing funds of almost $1bn.

RWC Partners has announced that Pierre Giannani will be joining the UK-based active investment manager to “bolster its presence” in Continental Europe. In 2017, the organisation saw its assets grow to around $14bn. Giannini formerly headed Daiwa SB Investment’s business development efforts in Southern and Western Europe, focusing on institutional and wholesale channels.Former UN Secretary General Ban Ki-moon has begun a two-year term as President of the Assembly and Chair of the Council of the Global Green Growth Institute (GGGI), the international body based in Seoul. He succeeds Ethiopia’s Gemedo Dalle

Baltimore-based investment management giant T. Rowe Price has named Rob Sharps, co-head of Global Equity and group chief investment officer (CIO), as head of Investments, effective from March 2018. Sharps will continue as CIO, and oversee the firm’s investments activity, reporting to President and CEO Bill Stromberg. Head of US Equity Eric Veiel will take on a further role as co-head of Global Equity, alongside current head of International Equity and Global Equity co-head Chris Alderson. Vice chairman Edward C. Bernard will furthermore retire from the company following three decades with the firm.

The European Investment Bank (EIB) has appointed Marjut Santani as Secretary General, replacing the outgoing Klaus Trömel. A Finnish national, she was Deputy Chief Executive of the European Investment Fund between 2013 and 2015, before becoming Deputy Secretary General of the EIB in September 2015.

Nordic financial services group SEB has appointed Christoffer Geijer to replace Jonas Söderberg as its Head of Investor Relations. Geijer is currently Head of Financial Institutions within Debt Capital Markets, Division Large Corporates and Financial Institutions. Before joining SEB in 2014, he worked for Barclays in London for five years.

The Australian Council of Superannuation Investors (ACSI), whose members include 38 Australian and international asset owners and institutional investors, is recruiting an Executive Manager, Public Policy and Advocacy to grow its team of ESG experts. Applications close on March 9.

UKSIF is recruiting a Member Services and Market Programme Director. “We are looking for a committed and well-networked individual,” the UK Sustainable Investment and Finance Association said .

Bluebay Asset Management is recruiting for its ESG team, according to an interview with CEO Erich Gerth in Funds Europe. The fixed income specialist, owned by Royal bank of Canada, has $59.6bn in assets; it launched a high yield ESG strategy last year.
UK workplace pension scheme The People’s Pension is looking to recruit three trustee directors to its Trustee Board.