RI People & Appointments, February 29: UNEP, Council of Institutional Investors, Daniel Godfrey, ABP

The latest ESG movers and shakers

Achim Steiner, the outgoing Executive Director of the UN Environment Programme, is to become the next Director of Oxford University’s Oxford Martin School, as of September 1. Named after author Dr James Martin, the school pioneers research to address the most pressing global challenges and opportunities of the 21st century. Steiner, an Oxford graduate, ends a 10-year tenure as UNEP Executive Director on June 14.

Ken Bertsch has been named Executive Director of the Council of Institutional Investors (CII), the US investment industry body whose members represent more than $3trn. He takes over from Ann Yerger, who left in July 2015 (Amy Borrus had been interim Executive Director). Bertsch, who will leave his post as partner at advisory firm CamberView Partners, is a past president and CEO of the Society of Corporate Secretaries & Governance Professionals. Before that he was head of corporate governance/proxy voting at Morgan Stanley Investment Management and has had senior roles at Moody’s Investors Service and TIAACREF.

André van Vliet has joined the board of ABP, the €355bn Dutch civil service pension fund. Nominated by employee organisation Ambtenarencentrum, he is financial director of pensions insurer De Eendragt Pensioen. He was formerly director of financial risk management for pension funds and insurers at Ortec, the consulting firm. Link

Radford Small has been promoted to Executive Vice President, Global Capital Markets at SolarCity, the US solar firm backed by entrepreneur Elon Musk. Small will be responsible for securing capital in the banking and institutional markets for SolarCity’s solar assets. He joined the Nasdaq-listed firm from Goldman Sachs where he was a Managing Director and Chief Operating Officer for the Clean Technology and Renewables group. Announcement

Johan van der Ende, the former CIO of PGGM, has joined the new Dutch Advisory Board at French asset manager Amundi. Van der Ende, who left the Dutch pension manager in 2010, is currently Chairman of the Amsterdam School of Real Estate and has roles with a range of real estate firms.

Rachel O’Reilly, Head of Business Development, Americas and Pacific Rim at conservation company Wildlife Works, has been appointed Senior Vice President, Americas at the Carbon Trade Exchange (CTX), a voluntary carbon credit exchange focused on environmental commodity markets.

Christine Ann Botosan, Professor of Accounting at the David Eccles School of Business at the University of Utah, has been appointed to the Financial Accounting Standards Board (FASB), replacing Thomas Linsmeier. She also holds the George S. and Dolores Dore Eccles Presidential Chair in Ethical Financial Reporting.

CalPERS, the California pension giant, is searching for a new chief executive to replace Anne Stausboll, who is retiring after seven years in the role.

George Sauter, former Chief Investment Officer at US index fund giant Vanguard has joined the board at Queensland-based superannuation fund Sunsuper.Daniel Godfrey, the former Head of the UK’s Investment Association (IA) trade body, has been named an Ambassador of the Transparency Task Force, a new UK campaign group. Godfrey abruptly resigned from the IA in November 2015 amid reports that two influential members — Schroders and M&G — had threatened to leave, objecting to his reform agenda.

The Principles for Responsible Investment (PRI) is calling for signatories to become involved in its new Investment Strategies Working Group, whose work will contribute to the PRI’s asset owner strategy. Signatories can express their interest by March 7.

Robert Watson, the leading environmental scientist and a former chair of the Intergovernmental Panel on Climate Change, has been named as the new chair of IPBES, the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services. He succeeds Malaysia’s Abdul Hamid.

Janet Morgan, the former president of CSRwire, the corporate social responsibility and sustainability newswire, has joined Erika Karp’s Cornerstone Capital boutique as Managing Director. Morgan, most recently co-founder at sustainable consultancy firm Sequent Management, will be responsible for business development. Cornerstone was founded in 2013 by Karp, the former Head of Global Sector Research at UBS.

Héla Cheikhrouhou, Executive Director at Green Climate Fund (GCF), the global investment fund dedicated to climate-resilience development, has announced her decision to step down when her current term ends in September. Home page

Marthe Reinette, former Senior Marketing and Communications Advisor at Dutch development bank, FMO, is now with agricultural advisory firm SCOPEinsight as Manager, Marketing and Business Development. She was formerly a Marketing Specialist at ESG research firm Sustainalytics.

Frank Coggins will direct the new research chair in responsible finance set up by Quebec’s University of Sherbrooke in Quebec and Desjardins, the credit union group. The Sherbrooke Finance professor’s goal will be to develop ESG expertise in Quebec while establishing Desjardins and the University of Sherbrooke as leaders in responsible finance in Canada.

Laurent Bennet has been appointed Head of Agriculture, Agrifood and Business Services at Crédit Agricole. He started his career at a farmers’ association and since 2013 has been deputy head of Group Risk Management and Permanent Controls at the French bank.

Russian President Vladimir Putin has reportedly removed Vladimir Dmitriev as head of troubled state development bank Vnesheconombank (VEB). Reuters reported he would be replaced at VEB – one of the members of the Long-Term Investors Club of leading investors – by Sberbank Vice President Sergei Gorkov.

The European Investment Bank (EIB) is recruiting a Climate Change Specialist to join its Projects Directorate.