RI People & Appointments, March 19: US SRI fund marketing chief starts own firm

Reginald Stanley, Chief Marketing Officer at US sustainable funds firm Calvert Investments, has left to set up his own firm called Sustainable Growth Strategies. Stanley was at Calvert for 12 years and was awarded the SRI Service Award at the SRI in the Rockies event in 2009.

Clare Scott has been appointed as the new service manager of Lothian Pension Fund, one of the UK’s leading institutional responsible investors. She took over from Geik Drever, who has joined West Midlands Pension Fund, on March 1. Scott has been with the Fund since 2005 and has both pensions and investment experience. For the past five years she managed the funds’ investments and prior to that she was an actuary.

Andrew Steer, the World Bank’s Special Envoy for Climate Change, has been named president of the World Resources Institute, the environmental think tank. Steer, who also co-chairs the Strategic Climate Fund, will take over from Manish Bapna, WRI’s managing director who has been acting president since July 2011.

Peter Englander is to take over as chair of Bridges Ventures, the social investment specialist. Founding Chair and social investment pioneer Sir Ronald Cohen will become Chair of the Advisory Board. Private equity veteran Englander is currently CEO of the Apax Charitable Foundation.

Allison Bennington, General Counsel and a Partner of ValueAct Capital, the $6bn US fund firm, has joined the Advisory Board of the Harvard Law School Program on Corporate Governance. Prior to joining ValueAct in 2004, Bennington was the General Counsel of Atriax, the foreign exchange joint venture of Deutsche Bank, J.P. Morgan Chase, Citibank and Reuters.

David Macri has been appointed as Chief Investment Officer at Australian Ethical, the funds firm, following the decision of incumbent, James Jordan, to return to a career in the Australian Public Service. Macri joined Australian Ethical in 2009 as an equities analyst and portfolio manager following stints with Macquarie Group, Credit Suisse, Mellon and Mercer.Anders Eldrup has left his role as CEO of Danish energy firm DONG Energy – with the 76.5% state-owned company saying he “approved some unusual terms of employment for a few employees”. DONG is a partner with pension funds such as PGGM, PensionDanmark and PKA for several offshore wind energy projects.

Iain Clark, chief investment officer, international, and lead portfolio manager of the International Opportunities Fund at Henderson Global Investors, is to step down next month, according to a report in Pensions & Investments. Stephen Peak, director of international equities, is named lead portfolio manager of the International Opportunities Fund.

Hans Wijers, the chief executive of AkzoNobel and a former Dutch economic affairs minister, has been named Deputy Chairman and Senior Independent Director at oil major Royal Dutch Shell, taking over from Lord Kerr of Kinlochard who is stepping down. Incoming director Sir Nigel Sheinwald, former British Ambassador to US, has been appointed a member of the Corporate and Social Responsibility Committee as of July 1.

Augustin de Romanet has finished his term of office as Director General at the Caisse des Dépôts et Consignations (CDC). He has been succeeded by Antoine Gosset‐Grainville. CDC is one of France’s biggest investors in green technology and has made ESG part of its strategic goals for 2012-14.

David Steel and Niclas Thelander have joined impact investment fund group LeapFrog Investments. The duo will be Director of Investments for East Asia and Executive Director of LeapFrog Labs respectively; they were formerly at insurers American International Group and Atradius.