RI People & Appointments, June 22: Ex-Daiwa CIO Arai is elected to board of PRI

The latest ESG movers and shakers

Masaru Arai, former CIO of Daiwa Asset Management, Japan, has been elected to the board of the Principles of Responsible Investment (PRI) in the PRI’s mid-term elections. He will serve as a Director until the end of December 2015. The appointment was approved by a simple majority (97.7%) of investment manager signatories; 19.4% of eligible signatories cast their vote. While at Daiwa, Arai launched governance and green funds and under his advice and the firm became a founding signatory of the PRI. He chairs the Japan Sustainable Investment Forum (JSIF) and also sits on the Advisory Committee of FTSE4Good. The PRI is also currently recruiting a US Network Manager and a US Project Manager. It’s also looking for a Social Media Consultant to help with PRI in Person 2015.

Robert Walker, Senior ESG Analayst at Kepler Cheuvreux has left, with Samuel Mary now taking charge of Thematic and Impact Investment at the firm. Walker, who joined Kepler Cheuvreux in 2008, has left for a role on the ‘buyside’ of the industry, RI understands. He was formerly with Governance for Owners, where he was Stewardship Services Manager – Europe, and proxy advisory firm Pensions Investments Research Consultants (PIRC). Mary has been with the firm since 2011.

Denise Voss of fund giant Templeton has been named chair of the Association of the Luxembourg Fund Industry (ALFI), the trade body, for an initial two-year term. Voss, Conducting Officer of Franklin Templeton International Services, was previously ALFI’s Vice Chairperson for International Affairs. She takes over from Marc Saluzzi.

Keith Skeoch, currently Chief Executive of Standard Life Investments, the £258.4bn UK fund manager, will succeed David Nish as CEO of parent firm Standard Life. Nish is leaving on August 5 after six years as CEO. The firm said Skeoch would continue in Standard Life Investments role “until a transition is effected”.

Martin Ricketts has retired
from the board of directors at Phaunos Timber Fund Ltd., the London-listed forestry vehicle. Jane Lewis, a former Director of Corporate Finance and Broking at Winterflood Investment Trust, takes his place.

Emily Porter-Lynch has joined Universities Superannuation Scheme (USS) as Head of Strategy Implementation. She was previously Director, Investment Advisory at consultants bfinance. This is a new role within USS, a fund that manages approximately £40bn.

Karla McKenna has been named as the new Head of Standards at the Global Legal Entity Identifier Foundation (GLEIF). GLEIF is a not-for profit body formed by the government-level Financial Stability Board to support the concept of a universal Legal Entity Identifier to “unambiguously identify entities engaged in financial transactions”. McKenna, who has been with Citi for over 30 years, most recently as Director of Market Practice and Standards, will join the GLEIF on a one-year secondment.Vincent Kaufmann has taken over as Director at Ethos, the Swiss pension fund-backed proxy firm. He replaces Dominique Biedermann, who was elected as Ethos’s President on June 15 at a shareholder meeting in Berne. Kaufmann has worked for Ethos since 2004, holding the positions of Deputy Corporate Governance Head, Head of Investment and Controlling and since 2013, Deputy Director. Biedermann, a prominent figure in Swiss corporate governance, succeeds Kaspar Müller, one of Ethos’ founders who has been President since 2007. Ethos further named Anthony Gloor as its new Head of Corporate Services and Konrad Wüest to its board. Wüest is Chief Investment Officer at the pension fund for the city of Lucerne and he replaces Heinz Achermann.

Jean-Daniel Gerber, a former Executive Director at the World Bank Group and ex-board director at Credit Suisse Group, has been elected president of Swiss Sustainable Finance (SSF), the new body that was launched last year. It has the backing of insurers Swiss Re, Helvetia and SUVA, as well as Ethos, the pension fund-backed proxy firm, among the 55 founding members to promote sustainable finance in the country.

Ioannis Orfanos, Director, Investment Advisory at Green Value Associates (GVA), the investment and advisory services company, has joined the UK Department of Energy & Climate Change (DECC) as a Commercial and Corporate Finance Advisor on energy efficiency matters for an initial 9 – 12 months. Orfanos will work on support and strategic energy efficiency advice on commercial real estate, business energy use (incl. SMEs & industrials) and household strategy & finance. Orfanos will continue to represent GVA as a Director.

David Taylor now an Executive Director and General Counsel at the Pension Protection Fund Board (PPF), the UK pension lifeboat scheme with a strong ESG focus. He was formerly the PPF’s Director of Strategy and Legal Affairs.

A Director of Sales for the Praxis Mutual Funds family is being recruited by US faith-based investment firm Everence. In March, Everence’s CIO Chad Horning took over as president of the Praxis funds from David Gautsche – who stepped down to become President and CEO of Goodville Mutual Casualty Co. in Pennsylvania.

Columbia Threadneedle Asset Management is seeking a London-based ESG Analyst. The successful candidate will work with the Sustainable and Responsible Investment Officer to “deliver effective environmental, social and governance (ESG) company level and thematic research”.

A Portfolio Manager is being sought by the Lothian Pension Fund in Edinburgh. Among the tasks of the role is to ensure that “policies and procedures are followed in relation to responsible investing, including engagement with companies and voting”. The candidate will also have to discussing specific company issues with the voting and engagement provider as required. Link