RI People & Appointments, March 11: new head at Climate Markets & Investment Association

The latest ESG movers and shakers

Anthony Hobley, Global Head of Climate Change and Carbon Finance at law firm Norton Rose, has been elected president of the Climate Markets & Investment Association, which represents firms that finance and invest in activities that reduce emissions. He will take over from Bank of America Merrill Lynch’s Abyd Karmali for a two-year term. Four new directors were also named: Fenella Aouane, Senior Manager Carbon Trading at Standard Bank; Rachel Child, International Qualification Director at Camco Clean Energy; Steven Gray, Head of International Policy at Climate Change Capital; and Cameron Prell, Senior Counsel at McGuireWoods. CMIA Home Page

Elsbeth Quispel has been named as the new Head of Sustainability at the Global Real Estate Sustainability Benchmark (GRESB), the body whose membership includes more than 40 institutional real estate investors and investment managers, industry associations, consultants and product vendors. Quispel, who joins from Jones Lang LaSalle, where she was Head of Sustainability, will be responsible for the annual GRESB Survey and the strategic development of GRESB’s benchmarking services. GRESB is headed by Executive Director Paul van Tongeren, Senior Sustainability Specialist at APG Asset Management.

Andrew Garrad has been elected as the new president of the European Wind Energy Association, succeeding Arthouros Zervos who held the post for 12 years. Garrad, former chairman of renewables consultancy GL Garrad Hassan, said: “I believe that the wind industry needs to respond urgently to the market conditions that face us now to ensure that we are positioned to become the major provider of Europe’s energy early in the 21st century.” He will form a new leadership team at EWEA alongside incoming CEO Thomas Becker, who starts in April. Link

Martin Crowe is to retire as CEO of the A$13bn (€10.2bn) Telstra Super, Australia’s largest corporate superannuation fund and a signatory to the UN-backed Principles for Responsible Investment (PRI). There is no replacement in place as yet.

Eileen Haughey has stepped down as chief executive at the ICI Pension Fund to take on the same role at the £36.7bn BT Pension Scheme, according to a report in Financial News citing unnamed industry sources. She would replace Nigel Labram, who left the fund last June, it added.Marthe Nordby has joined the MSCI ESG sales team as a Senior Associate, responsible for the UK and Ireland, reporting to Head of ESG Sales, Jillis Herpers. She was previously Client Relationship Manager at ESG research house EIRIS.

Else Bos has been confirmed as CEO of €133bn Dutch pension fund service provider PGGM. She succeeds Martin van Rijn, who joined the Dutch government as state secretary in the Ministry of Health, Welfare & Sport in November 2012. Since then, she has been acting CEO alongside her role as Chief Institutional Business (CIB) at PGGM. Bos is a member of both the PRI Advisory Council and PRI Association Board.

The Law Commission, the body which reviews the UK legal system, is seeking a lawyer to lead a new project on how the law of fiduciary duty affects investment strategies. It follows the government’s response to the Kay Review of UK equity markets and long-term decision-making. The postholder “will identify and meet stakeholders (including asset managers, investment consultants and pension trustees); review the law in detail; draft papers; and drive policy”. The role – either a fixed-term post or a secondment – starts no later than May this year.

The London Pensions Fund Authority (LPFA), is recruiting two additional board members. “One will have experience in financing large infrastructure projects and a second will have a solid understanding of liability management ideally gained over a substantial period in a well established and successful firm within the pension industry,” the LPFA states. It comes as London Mayor Boris Johnson is seeking to rationalise the city’s pension funds into ‘One Fund for London’. The £4.2bn (€5.2bn) LPFA is chaired by private equity veteran Edmund Truell.

The Church of England is seeking a strategy analyst to assist, in part, with the strategic development of the Church’s national funds. The closing date is April 10 for the London-based role.

The European Securities and Markets Authority (ESMA), is recruiting an Officer, Corporate Reporting. The closing date for applications for the Paris-based role, within ESMA’s Investment and Reporting Division, is April 5.