RI People & Appointments, November 19: APG, AP1, Glass Lewis, LAPFF, Catholic Super, Global Reporting Initiative

The latest ESG movers and shakers

Marta Jankovic is leaving APG, where she was Senior Responsible Investment and Governance specialist, to take on a “new career challenge” in December. Jankovic, 2017-18 Asset Management Chair of private equity body Invest Europe, was on the working group that set private equity guidelines for the Principles for Responsible Investment.

Nadine Viel Lamare, Head Sustainable Value Creation at Swedish buffer fund Första AP-fonden (AP1) is leaving, according to a post on LinkedIn where she said she has not yet made up her mind about what to do next. She is a long-standing member of the AP funds’ Council on Ethics and a member of the Steering Committee of the Transition Pathway Initiative.

Ian Greenwood, former Chair and latterly Vice Chair of the West Yorkshire Pension Fund and Chair of the Local Authorities Pensions Fund Forum (LAPFF), has died, according to Bradford Council in northern England. Council Leader Susan Hinchcliffe called him a “pragmatic, big tent politician” that was “motivated by an overwhelming desire to bring people together to do the right thing”. Greenwood was elected chair of LAPFF in July, taking over from Kieran Quinn, who died just under a year ago.

Frank Pegan is leaving Catholic Super, the Australian superannuation fund with a strong RI stance amid a restructuring. It will be helmed in the interim by Chief Risk Officer and acting CEO David O’Sullivan. Pegan’s departure followed that of executive Robert Clancy, after the Hayne Royal Commission on banking heard evidence of the latter’s failure to declare various conflicts of interest.

Luis Alfonso de Alba of Mexico has been appointed by UN Secretary-General António Guterres as his Special Envoy for the 2019 Climate Summit. A diplomat since 1983, de Alba led negotiations for the 2010 UN Climate Change Conference (COP16) and represented Mexico at many organisations, from the UN to the Organization of American States.

CalSTRS CEO Jack Ehnes is one of three new directors on the board of the corporate reporting body the Global Reporting Initiative (GRI), alongside Executive Director of CSR-in-Action and social entrepreneur Bekeme Masade-Olowola and Weir Group’s China President Jianzhong Lu.

Teresa Fogelberg – Deputy Chief Executive of the GRI – has been decorated as Officer in the Order of Orange-Nassau of the Netherlands for her global leadership in sustainability and the advancement of the position of women

Rasmus Juhi Pedersen, Head of ESG at PBU Pension Fund, has taken up an additional role as Chairman of the Danish Social Investment Forum (Dansif). Pedersen joined PBU in 2008, and has held various roles in RI, corporate responsibility and ESG since.Proxy advisory firm Glass Lewis has named Andrew Gebelin as Vice President, Research, Engagement and Stewardship and Kern McPherson as Vice President, Research and Engagement.

Mary Schapiro resigned from the board of London Stock Exchange Group, effective October 11, when she was appointed Bloomberg’s Vice-Chair for Global Public Policy and Special Advisor to the Founder and Chairman. Schapiro, the 29th Chair of the US Securities and Exchange Commission, had been appointed to the LSE Group’s board in 2015. For a while she was the only female director, until Val Rahmani was appointed to the board in December 2017. Shapiro has been succeeded by Ruth Wandhöfer, a Global Head of Regulatory & Market Strategy for Citi. The LSE Group has consistently ranked at the bottom of the UK government-backed Hampton-Alexander Review of FTSE’s boards gender diversity.

Australia’s VicSuper has appointed Martin Vassallo to the newly created role of Chief Risk Officer, overseeing risk and compliance frameworks, reporting and governance. Vasallo has previously served as CRO at Tandem Corporation and Asia Pacific CRO for FIS Global during his three decades’ worth of experience in the financial services industry.

BlackRock Real Assets has appointed Managing Director Charlie Reid to extend its renewable energy investment business in Asia Pacific. Reid was formerly a portfolio manager for BlackRock Renewable Power’s investment team in London, where he established BlackRock’s Renewable Income platform, which now manages over $2.2bn. Link

Nordea Asset Management has hired Miguel Ángel Suárez, current senior wealth management advisor at investment manager LarrainVial, as Sales Director. Suárez will cover Latin America from the Nordic manager’s new Chile office, charged with engaging with pension funds, asset managers, wealth firms and insurance companies in Chile, Peru and Colombia. Link

Aon has hired Geri McMahon as a principal within its expanding RI team. Formerly vice president of fixed income trading with Bank of America Merrill Lynch’s London office, McMahon joins Aon through its “returnship programme” which recruits those returning to the finance industry after a career break.

AP2, the Swedish pension buffer fund, has announced a prize to recognise an outstanding investor-useful thesis which combines finance and sustainability, either in general or specific issues such as corporate governance or CSR. Only Master students from Gothenburg University and Chalmers University of Technology are invited to participate.