RI People & Appointments, July 17: Natixis, KPMG, DONG Energy, AXA Rosenberg, WWF, EIB

The latest ESG movers & shakers.

Louis Douady has been promoted to Head of Corporate and Social Responsibility at French asset manager Natixis. Douady – who most recently served as Head of Aviation Finance, North America – will report to Natixis’ Corporate Secretary André-Jean Olivier in his new role. He will responsible for bringing the firm’s CSR standards in line with parent company Groupe BPCE as part of its 2018-2020 plan.

José Luis Blasco, Head of Governance, Risk and Compliance at KPMG in Spain, has been appointed Global Head of Sustainability Services at the professional services giant. He succeeds Adrian King in the role, who now heads up the firm’s sustainability offering in Australia. Blasco is involved in several global sustainability initiatives, including: the Global Reporting Initiative (GRI), World Business Council for Sustainable Development (WBCSD), and the United Nations Environment Programme (UNEP).

Dieter Wemmer, Chief Financial Officer at German insurance giant Allianz SE, has been nominated as a new member to the Board of Directors at DONG Energy, the Danish wind energy giant. Wemmer, who is also board member of UBS Group AG, is expected to be elected at the firm’s next annual general meeting in 2018.

Otto Thoresen, Chairman of the UK workplace scheme NEST and former CEO of Aegon, has reportedly been named Chairman of the Board at Aberdeen Asset Management. The appointment comes a month in advance of its expected merger with fellow Edinburgh based asset manager Standard Life – potentially creating an industry behemoth with assets totalling £660bn. David Hare, former President of the Institute and Faculty of Actuaries, was also named as a Non-Executive Director of the Board.

Angela Wilkinson, former Head of Strategic Foresight at the OECD, has joined the World Energy Council as Senior Director for its World Energy Scenarios portfolio. Her appointment further strengthens the Council’s “scenarios capability”, under the leadership of Executive Chair, Ged Davis. Wilkinson is an Associate Fellow at the University of Oxford’s Said Business School, and was a former Director, Scenario Planning and Futures Research at the university. The World Energy Council is the network of energy leaders promoting a sustainable energy system.

The European Investment Bank (EIB) has selected eight experts to sit on the Steering Board of the European Fund for Strategic Investments. The Committee, chaired by the EIB’s Managing Director, Wilhelm Molterer, was formed as a result of EU regulation and will oversee the financing of EIB projects. The eight experts include Thierry Déau, Founder of specialist infrastructure investor, Meridiam, and Manfred Schepers, fomer Vice President and Chief Financial Officer at the European Bank for Reconstruction and Development. The full list of experts can be found here.

Paul Lester is stepping down as chair of listed infrastructure fund John Laing Infrastructure Fund (JLIF). Lester, the former group managing director of Balfour Beatty who has been chair since JLIF’s launch in 2010, will be replaced by Deputy Chairman David MacLellan.Kathryn McDonald has been appointed to the newly created role of Head of Sustainable Investing at Axa Investment Managers Rosenberg Equities. The move comes as the global equities arm commits to integrating ESG across all portfolios by the end of 2017. McDonald joined Axa in 1999 from MSCI and most recently served as Director of Investment Strategy. Kathleen Houssels, Global CIO of AXA IM Rosenberg Equities, commented: “From a primarily economic perspective, we see ESG data as a natural complement to the traditional financial statement information that forms the backbone of our views on companies. Our research shows that ESG factors can be an incremental source of value add and risk reduction.”

Lucy Holmes, Senior Programme Manager at the Prince of Wales’ International Sustainability Unit (ISU), where she ran the marine programme, is joining the WWF where she will continue to look at the seafood sector and its intersection with finance.

Else Bos, the departing CEO of €207bn Dutch pension investment giant PGGM, has been appointed to the Executive Board of Dutch central bank and financial regulator, De Nederlandsche Bank (DNB). Appointed for a seven-year period – as of 1 July 2018 – Bos will be responsible for pension fund supervision, succeeding Jan Sijbrand in the role. A leading figure in responsible investment Bos is also a director of FCLT Global, the long-term capital project, and a former Principles for Responsible Investment board member.

Vanguard’s Chief Investment Officer Tim Buckley has been named as president and director of the US investment giant, and will succeed Bill McNabb as chief executive officer on January 1 next year. Buckley, 48, will become the firm’s fourth CEO since its founding in 1975. The 60-year-old McNabb, CEO since 2008, will remain as chairman of the board. Greg Davis, 46, global head of Vanguard’s Fixed Income Group, assumes the position of chief investment officer.

Danske Bank is recruiting a Sustainable Lending Consultant in its Credit Process & Analytics team, a new position. “You will work independently and be responsible for building the next generation of sustainable lending processes towards our customers, employees and management,” the Copenhagen-based bank said. The deadline for applications is August 11.

The Corporate Human Rights Benchmark, the investor backed UK charity, is recruiting for a Programme Director after the departure of Vicky Dodman after three years in the role. The charity’s benchmark is supported by investors, including: Aviva Investors, Nordea Wealth Management, and APG Asset Management (APG).

Law firm Orrick has named Perry Teicher as its first Impact Finance Attorney, having joined the firm as Impact Finance Fellow. Ed Batts, head of Orrick’s global M&A and Private Equity Practice Group, noted: “With Perry’s appointment, we look forward to continuing to bring significant resources to bear in this area and helping our clients make connections with impact investment opportunities.”