RI People & Appointments, March 26: PGGM names Head of RI, PIMCO hires Global Compact’s Power

The latest ESG movers and shakers

Hans Op’t Veld is to become the Head of Responsible Investment at PGGM, starting in May. He is currently Head of Listed Real Estate at the €218bn Dutch pension fund, where he oversees an €11bn listed real estate fund. As well as holding the position since 2007, Op’t Veld is a Research Fellow at the Amsterdam School of Real Estate and a board member of the European Public Real Estate Association. In his new position, he will report to PGGM’s two Chief Investment Officers. The role is currently being covered on an interim basis by Frank Roeters van Lennep, who is PGGM’s CIO of Private Markets.
Fixed-income giant Pimco has hired the co-founder of the UN-backed Principles of Responsible Investment (PRI) and Deputy Executive Director of the Global Compact, Gavin Power, amid efforts from the firm to build out its global ESG investment platform, which launched in 2017. Power was in his role at the UN’s Global Compact for 16 years. In his new role as Executive Vice President and Chief of International Affairs and Sustainable Development, he will work with investment professionals on international policy development and strategy.
Sarah Wilson, Founder and CEO of UK proxy advisory firm Manifest, was appointed Director of Minerva Analytics, a company incorporated on March 16, 2018, just days after Manifest entered administration. RI reported that a possible buyer was being sought for the governance specialist. Minerva Analytics and Manifest have the same registered office address as well as the same persons with significant control, Wilson and Timothy Clarke.
MSCI has expanded its ESG team in New York with three appointments. Formerly on the institutional sales team at Mainstay Investments (New York Life), Tim Radice has joined MSCI as Senior Associate on its ESG Research sales team covering Ohio and the Mid-Atlantic in addition to a large segment of New York City. Alia Haider Karrazzi joins as Executive Director on the ESG Client Coverage team, having joined MSCI in 2010 as an analytics sales specialist. Josh Mayer is a Vice President on the MSCI ESG Client Coverage team working in sales covering NYC, CT and the Southeast, having most recently been on US IT research and advisory firm Gartner’s Invest Group.
Mobius Capital Partners, the ESG/impact fund manager set up by Mark Mobius, the renowned emerging markets investor, who retired last month from Franklin Templeton Investments, is recruiting two investment analysts – one senior and one junior, plus a sales and marketing manager for its London office, to work on new strategies focused on ESG investments in emerging and frontier market companies. Mobius announced the hires for staff “with a focus on #emergingmarkets and #ESG” on LinkedIn. Last month, he made a surprise move in retirement by launching the ESG-focused fund manager.Viktor Andersson, former Microfinance Portfolio Manager at SEB, has joined Trine, a digital solar investment platform, as a Debt Portfolio Manager. Andersson joined SEB in 2010 from environmental data NGO, CDP. SEB has appointed Hetal Damani to replace Andersson She joins from Nordea, where she was Senior ESG Analyst. Camilla Löwenhielm has also been named as a Portfolio Manager for SEB’s microfinance investments, as it strengthens its offering in the space, it said.
Martina Macpherson has stepped down from low-carbon investment advisory Sustineri after less than six months. Macpherson joined the newly-launched firm as a Partner and Director in around November last year, from S&P Global Ratings, where she had been Head of ESG Research for roughly 6 months. She had previously been with S&P Dow Jones Indices as Senior Director of ESG Strategy and Product Management for one year. According to Macpherson’s LinkedIn profile, she has also worked at Hermes, Lloyds Banking Group, MSCI, RBS, F&C (now BMO) and Deutsche Bank. She told RI she had stepped down from Susteri for personal reasons.
The Financial Reporting Council (FRC) has announced the appointment of Julia Unwin CBE and Jenny Watson CBE to its Board, with effect from April 1. Having been CEO of the Joseph Rowntree Foundation for nearly a decade, Unwin is now Chair of the Independent Inquiry into the Future of Civil Society in England. Watson is Chair of the Independent Complaints Council at Portman Group, the industry body for the UK drinks company, and a Non-Executive Director at the Financial Ombudsman Service. From 2009 to 2016 she was Chair of the Electoral Commission. Sir Winfried Bischoff, Chairman of the FRC, said: “Their public interest experience […] will bring further insight into the FRC’s strategic thinking, particularly as we reach out to wider society in pursuit of our mission to promote transparency and integrity in business.”
Cynthia Alers has joined shareholder services, proxy and corporate governance consultancy firm Morrow Sodali as Director and Head of UK. In her new role, she will offer strategic advice to Morrow Sodali’s clients engaged in corporate actions, and liaise with financial advisors, legal counsel and other advisors.