RI People & Appointments, May 20: OTPP, CalPERS, FRR, Esmée Fairbairn

The latest ESG movers and shakers

Ron Mock has been named to succeed Jim Leech as President and Chief Executive of the C$129.5bn (€97.9bn) Ontario Teachers’ Pension Plan, the largest single-profession pension plan in Canada, as of January 1 next year. Mock is currently Senior Vice-President, Fixed Income and Alternative Investments. Leach is retiring on December 31 after more than 12 years at Teachers’, the last six as CEO. Announcement

Janine Guillot is stepping down as chief operating investment officer of the $258.3bn (€200bn) California Public Employees’ Retirement System’s investment team, according to Pensions & Investments. She told P&I she wanted to take a break and would be reassessing her options after the summer. Guillot oversees the fund’s public markets, real estate and alternative investment strategies as well its corporate governance program. She joined the fund in 2010 from Barclays Global Investors, where she was chief operating officer.

Jean-Philippe Olivier has left his position as head of the delegated department at French state fund the €36.6bn Fonds de Réserve pour les Retraites (FRR), according to a report in IPE.com. He has joined credit insurance provider COFACE as chief investment officer.

Harvard Business School’s Bo Becker and Per Strömberg of the Stockholm School of Economics and the University of Chicago Booth School of Business have been awarded Standard Life Investments’ annual Finance Prize. They won for their paper ‘Fiduciary duties and equity-debt holder conflicts’. The award forms part of the European Corporate Governance Institute’s (ECGI) 2013 Working Paper Competition.

Bruce Karpati has been named chief compliance officer for Prudential Investments, the mutual business of US-based Prudential Financial. He was most recently at the Securities and Exchange Commission as chief enforcement officer for its asset management unit. Link*Dawn Austwick, chief executive of the Esmée Fairbairn* Foundation, is to become chief executive at the UK’s Big Lottery Fund (BIG), according to a report in Civil Society. Austwick, who has led the foundation, a key supporter of social investment, since 2005, will take over from Peter Wanless. She will be replaced on an interim basis by Acting CEO Ceri Doyle.

Stefan Parhofer has been appointed to the board of Munich-based photovoltaic company Gehrlicher Solar as Chief Strategy/Sales Officer (CSO). Richard von Hehn becomes Chief Operating Officer (COO), and will concentrate on the European business. The appointments come as a BayernLB-led bank consortium has provided an €85m financing framework to the company.

Andrea Saldarriaga, a consultant on Investment & Social Sustainability and Fellow, Vale Columbia Center on Sustainable International Investment, has joined the Lawyers for Better Business (L4BB) advisory board. Dutch human rights specialist Douwe Sikkema has joined its executive board.

Michael Gleissner has been appointed General Manager, Corporate Strategy, at the NZ$22bn (€13.9bn) New Zealand Superannuation Fund. General Counsel Sarah Owen has been promoted to the Fund’s Leadership Team.

Australia’s A$10bn (€7.6BN) Clean Energy Finance Corporation (CEFC) has advertised three senior roles: Director – Marketing and Communications; Director – Risk; and Director – Legal. The body is dedicated to mobilising private sector and its own capital into growing renewable energy, low-emission technology and energy efficiency projects and technologies in Australia. Link