RI People & Appointments, May 7: AP1, Aegon AM, CalPERS, SASB, Solactive, Aviva Investors

The latest ESG movers and shakers

Magdalena Håkansson has started a new position as Head of Sustainable Value Creation at Första AP-fonden (AP1), the Swedish state-run fund. Håkansson joins the fund from MSCI, where she was a Vice President of its Nordic unit and advised clients on ESG integration and RI. Prior to that she spent close to a decade at Global Engagement Services (GES), a provider of investment stewardship services, which was acquired by Sustainalytics earlier this year.

Brunno Maradei has joined Aegon Asset Management as Global Head of ESG, based in The Hague. He moves from the European Investment Bank in Luxembourg where he was a Senior Investment Officer leading execution teams for project finance deals outside the European Union, focusing on climate-friendly impact investments in Africa. Julius Huttunen joins the company as Responsible Investment Manager, based in Chicago.

Christian Grabbe is leaving his role as Chief Operating Officer and member of the Management Board at German index firm Solactive, which offers various ESG indices. His duties will be split between the remaining members of the management board.

Chris Walker, former North American director of the World Business Council for Sustainable Development, is to head up a new project to lead project called ‘Invest NYC SDG’ at the New York University’s Stern Center for Sustainable Business. The project, to accelerate New York City’s efforts to build a future economy that is resilient, sustainable and inclusive, has $350,000 of support from the Goldman Sachs Center for Environmental Markets and PepsiCo. Walker is a former executive officer of the Carbon Trust and executive director for North America for The Climate Group, where he was instrumental in the annual Climate Week.

Renier Brenninkmeijer has left Robeco, where he was Institutional Marketing Manager, after working under the Robeco banner for nearly two decades. A company spokesperson told RI that a successor has not been appointed.

Dr Ellen Quigley has been appointed to establish a research programme into responsible investment at the University of Cambridge together with the university’s CFO. Quigley is a postdoctoral researcher at the Centre for Endowment Asset Management at the Judge Business School, and a research associate at the Centre for the Study of Existential Risk, Cambridge. While at university, she co-founded Positive Investment Cambridge and Positive+Investment.Kathy Ryan has joined Aviva Investors as a senior ESG strategist, working in Sustainable Solution Structuring and ESG metric integration. Formerly with Pioneer Investments and Credit Agricole, she founded Global Green Investments in 2014.

Lisa Middleton, a transgender California city councilwoman, is reportedly joining the CalPERS Board of Administration, becoming this year’s fifth new member to join the team leading the largest US pension fund. Middleton replaces Bill Slaton. Middleton is the first openly transgender person to be elected to a nonjudicial office in the state.

Jonathan Spampinato, Director of Communications at the Sustainability Accounting Standards Board (SASB), is to re-join Wallenius Wilhelmsen, the privately owned Nordic shipping company. He joined SASB in April 2018 after more than six years as Head of Communications for the Ikea Foundation. He now returns to Wallenius Wilhelmsen where he had worked for four years as Senior Manager Corporate Communications.

Rebecca Dreyfus has left Aegon Asset Management, where she was Senior Engagement Associate, Responsible Investment, to set up her own responsible investment and sustainability consultancy. She joined Aegon in January. A spokesperson told RI that while Dreyfus would not be directly replaced, a junior member would likely be recruited to the team.

Susan Martin, Chief Executive of the £17bn (€19.8bn) Local Pensions Partnership (LPP), one of the eight UK local authority pension pools, has resigned. Martin had been in the post for three years. Chris Rule, MD and CIO of LPP’s investment subsidiary, has been appointed CEO in the interim.

Sharon Hendricks, the Vice Chair of CalSTRS’ board, has been appointed to the Board of the Principles for Responsible Investment as one of the seven directors elected by asset owner signatories. The Board also includes directors elected by asset managers and service provider signatories. Henricks’ term will lapse in 2021.

CalSTRS is to recruit 15 investment staffers and an investment consultant to assist with the roll-out of a new collaborative investment model according to reports. The model aims to lower the cost of private equity in anticipation of projected diminished returns through partnering with peers, forming joint ventures and building up controlling stake in portfolio companies.

The OECD is recruiting a Policy Analyst – to contribute to the work on Private Finance for Sustainable Development, particularly in regard to Social Impact Investing.

The UN’s Food and Agriculture Organization FAO is calling for Expressions of Interest from Blended Finance Specialists across various levels of competency. See the vacancy announcement here.