RI People & Appointments, January 18: SASB, Daniel Godfrey, M&G, Investor Forum, Alliance Trust

The latest ESG movers and shakers

Audrey Choi, CEO of Morgan Stanley’s Institute for Sustainable Investing, has joined the board of the Sustainability Accounting Standards Board (SASB), the US non-profit body. Also joining the board are Arnie Pinkston, former General Counsel at pharmaceutical firm Allergan, and Laura Tyson, Professor at the Berkeley Haas School of Business.

Daniel Godfrey, former chief executive of the Investment Association, the representative body for the UK’s £5.5trn investment management sector has joined the advisory board of Moneybox, an investment and savings app. Godfrey will advise on regulatory issues and product design. The fintech firm has raised £2m in seed funding and its app is targeted at the millennial generation. Godfrey said: “For too long the investment industry has overlooked the younger generation.”

Victoria Sant, Investment Manager at independent global charitable foundation, Wellcome Trust, has been seconded to the position of Senior Advisor at the UK’s new Investment Forum. The Investment Forum was set up following the Kay Review to engage and collaborate with companies to promote long-term investment and greater shareholder stewardship.

Robert Smith (Lord Smith of Kelvin) Chairman of the UK’s Green Investment Bank, has been named chairman at Alliance Trust, the listed investment firm that has faced activist investor pressure. He takes over from Karin Forseke, who has stepped down. He’s a former CEO and Vice Chairman of Morgan Grenfell Asset Management (which later became Deutsche Asset Management). Link

Raymond Hiltrop, formerly Account Chief Investment Officer at Dutch pensions administrator Syntrus Achmea, has joined Dutch investment management firm Triodos as Manager of its ESG orientated Multi Impact Fund, which has grown to €20m since its launch last December. Hiltrop is a former Senior Institutional Account Manager at Dutch asset manager Robeco.

Benno Ndulu, Governor of the Bank of Tanzania, has taken up his new role
as Chairman of the Alliance for Financial Inclusion (AFI). He replaces Daniel Schydlowsky at the global network focused on financial inclusion for developing and emerging countries.

Rob Gambi, Chief Investment Officer (CIO) of Henderson Global Investors, has left the UK fund manager after it decided it didn’t need a CIO. He joined from UBS in 2014 and Phil Apel, Head of Fixed Income, and Graham Kitchen, Head of Equities will jointly cover Gambi’s responsibilities.

Robert Struyk, the former chair of the Minnesota-based McKnight Foundation, has stepped down from its board after 13 years service. But he’ll stay on McKnight’s investment committee.

Rosemary Hilary and Kate Jones have been unveiled as new non-executive directors at the UK’s pensions lifeboat scheme the Pension Protection Fund.Simon Bailey, deputy manager of the £6bn M&G Global Dividend fund, is to leave the position to focus on corporate governance in a new role. He will be replaced on the fund by John Weavers. Link

Robert Mueller, the former Director of the FBI, has been named
by a US District Judge as ‘settlement master’ for hundreds of consolidated cases seeking damages from Volkswagen over the emissions scandal.

Hugh McNeal, a civil servant at the UK’s Department of Energy and Climate Change, is the new CEO at trade body RenewableUK; he takes over from Maria McCaffery.

Andrea McElhinney has been appointed Investment Director within AMP Capital’s Social and Aged Care Infrastructure team, based in Sydney. McElhinney, who joined AMP in 2010, will take over day-to-day portfolio management of AMP Capital’s Community Infrastructure Fund (CommIF). She takes over from Head of Social and Aged Care Infrastructure, Julie-Anne Mizzi, who will retain overall accountability for the fund.

Roberto Lampl will become the lead Portfolio Manager for Alquity Investment Management’s Africa Fund, taking over from David McIlroy who is leaving the ESG focused fund firm.

Filippo Addarii, ex-Director International Strategy & Head of EuropeLab at the UK-based innovation think tank Young Foundation, has set up new venture called PlusValue. It will explore social impact investment and urban regeneration.

David Begg, former general secretary of the Irish Congress of Trade Unions, has been announced as the new Chair of the Irish Pensions Authority, the statutory advisory body on pensions to the Irish Government. Begg, who succeeds Jane Williams, will occupy the role for five years. The appointment has sparked controversy, as the job did not go through the public service advertising or the appointments process.

FINCA International, a global microfinance organisation, has promoted Andree Simon to CO-CEO of FINCA Microfinance Holding Company. The holding company was created in 2011 with social investor partners scale up FINCA’s microfinance subsidiaries.

Prof. Knut Anton Mork, Chief Economist at Sweden-based bank Handelsbanken has been selected by Norway’s Government Pension Fund Global ($820bn in assets) to head a committee to assess the equity portion of the fund.

The Friends Provident Foundation, a UK-based grant-maker that focuses on exploring the role of money and financial systems, is seeking a newly-created role of Investment Engagement Manager to link the Foundation’s investment portfolio and social investments. The deadline for applications is January 28.

Wespath, the investment management division of the General Board of Pension and Health Benefits of The United Methodist Church ($20bn in assets under management), is recruiting a Fixed Income Manager.