RI People & Appointments, January 20: New governance head at State Street Global Advisors

The latest ESG movers and shakers

Rakhi Kumar has taken over as Head of Corporate Governance at State Street Global Advisors (SSGA), the investment management division of State Street which has around $2trn (€1.5trn) under management. Kumar, who joined SSGA in 2011 after spells with Ernst & Young and Proxy Governance, takes over from Andrew Letts.

Charlotte Mansson has joined GES Denmark as Senior Key Account Manager at the engagement services company. It follows the resignation of GES Denmark’s Managing Director Erik Alhøj who has “decided to seek other endeavours”. Mansson was formerly with Ethix SRI Advisors in Denmark and RepRisk in Switzerland.

Nathalie Rodes has joined Kepler Cheuvreux, the independent European financial services firm, as an ESG fixed income Analyst and a coordinator of its ESG & Sustainability Debt & Credit Developments. Rodes is a senior finance professional specializing in Fixed Income and ESG. After graduating from ESCP in 2000 where she majored in International Finance, Nathalie spent 12 years in investment banking at SG CIB.

Sir Hector Sants, former Chief Executive of the UK’s Financial Services Authority and Head of Compliance at Barclays Bank, will chair the Archbishop of Canterbury’s Task Group to help support the growth of Credit Unions as part of a push to encourage responsible lending and saving. Sants will take the post on a voluntary capacity for approximately one day a month.

Mark Herbertt has been named as Queensland Director of Social Ventures Australia (SVA), the non-profit organisation established in 2002 by The Benevolent Society, The Smith Family, WorkVentures and AMP Foundation. Herbertt’s predecessor in the role, Lisa Siganto, has become CEO of the Stronger Smarter Institute, which specialises in Indigenous Education. Announcement

Yves Rannou has been appointed senior vice president of Alstom Wind. The 15-year company veteran will oversee all activities related to onshore and offshore wind. He succeeds Alfonso Faubel, who became senior vice president of sales and marketing for the Global Power Sales (GPS) organization for both the Thermal and Renewable Power sectors of Alstom. Link*Priya Mathur has been elected as vice president* of the Board at the California Public Employees’ Retirement System (CalPERS). She replaces George Diehr who has served as vice president for the last six years. Mathur, principal financial analyst for Bay Area Rapid Transit District, also sits on the Advisory Council of the Principles for Responsible Investment. Announcement

Zoë Arden has joined corporate sustainability consultant SustainAbility’s London office as a Director. She was previously director of communications and corporate social responsibility at BT Retail and the CEO’s representative on the pan-BT Climate Change and Environment Taskforce. She is currently completing a Masters in Sustainability Leadership at Cambridge University. Link

Michael Brower has been appointed as permanent President and CEO of the American Council On Renewable Energy (ACORE), having served in an interim capacity since July 2013. A former naval combat pilot, he was most recently Senior Federal Policy Director at Mosaic Federal Affairs, a wholly owned subsidiary of New York law firm Hiscock and Barclay. Link

John Stewart, the chairman of Legal & General Group PLC, has been appointed to the board of the Financial Reporting Council, the UK watchdog. Stewart, who is a member of the Court of the Bank of England, was appointed L&G chair in 2010. Also joining the FRC board is retired British civil servant Sir Brian Bender. The FRC sets the Corporate Governance and Stewardship Codes as well as standards for accounting, auditing and actuarial work.

The European Investment Fund, the Luxembourg-based provider of risk finance for small and medium-sized enterprises that’s part of the European Investment Bank, is seeking a Manager – Social Impact Accelerator Fund-of-Funds. The purpose of the role is to manage one or more specific mandates which the EIF operates in the social Impact investing space. Investment experience in venture capital or private equity is required, while experience in the social finance space and social entrepreneurship would be an important asset. The deadline for applications is February 7.