Flavia Micilotta, a sustainability consultant currently with the Foreign Trade Association, the Brussels-based retail industry body, has been named as the new Executive Director of Eurosif, the European Social Investment Forum. At the FTA, which counts more than 1,500 retailers, importers and brand manufacturers as its members, she coordinated the Business Environmental Performance Initiative (BEPI) project aimed at embedding sustainability in global supply chains. She takes over from Francois Passant, the former Vanguard executive who announced his departure from Eurosif earlier this year. Before joining the FTA in 2014, Micilotta was Senior Expert Corporate Social Responsibility and Diversity at Euroclear, the securities settlement firm. A CSR Analyst at Vigeo from 2005-2008, she has also had stints at Ernst & Young and KBC Group.
Eurosif also announced that Will Oulton, Global Head of Responsible Investment at First State Investments and a board member of the UK’s UKSIF, has been appointed interim President following the departure of Giuseppe van der Helm, who is stepping down as President with immediate effect following his resignation from VBDO, the Dutch SIF. Oulton was appointed vice president of Eurosif in 2012.
Proxy research firm Glass Lewis has named Aaron Bertinetti as Vice President of Research and Engagement, and Michael Vogele as the Senior Director of North American Research, both newly created positions. Bertinetti joined Glass Lewis’s Australian subsidiary CGI Glass Lewis in 2008, rising to General Manager in 2013. Vogele was most recently Director of Research for Germany-based proxy advisor IVOX from 2006 it was bought by Glass Lewis this year. Announcement
Karin Forseke, chair of embattled UK-based investment firm Alliance Trust, is stepping down as of the start of next year from the company that has been under pressure from activist investor Elliott Advisors. Non-executive director Gregor Stewart will become interim chair. Alastair Kerr, senior independent director, will also stand down and be replaced by Karl Sternberg, the former Deutsche Bank equities chief, who will lead the search for Forseke’s permanent replacement.
Alana O’Neill has been named as sustainable development director at Iceni Projects, the UK planning consultancy. She was previously a sustainability and energy consultant at New Energy Trust and has had roles at SSE and EON.
Kazutaka Kuroda, Social Media Director at the Network for Sustainable Financial Markets and Co-Chair of the SFM Japan Working Group, has moved to Japan and will start an ESG analyst at Japan Research Institute, the systems development, data processing, and management consulting and economic research outfit that’s owned by Sumitomo Mitsui Financial Group.
Stephen Hirsch has been appointed Chief Compliance and Control Officer (CCO) at Norges Bank Investment Management. He previously worked 12 years at the fund, having joined in 1998 as Senior Portfolio Manager before rising to Chief Operating Officer and Deputy CEO. He will take over from Jan Thomsen, who has taken the new role of Chief Compliance and Control Officer at Norges Bank Real Estate Management. Announcement*Bradley Doney, a former Commissioner* at the B.C. Securities Commission, British Columbia’s securities regulator, has been appointed to the board at FAIR Canada, the shareholder rights body.
Charlotte Laveson Girard, Director of Communications & ESG at European private equity group IK Investment Partners, will leave her role by the end of year and will continue to work for IKARE, the firm’s venture philanthropy fund. Mikaela Hedborg who works in IK’s communication team, will take up Girard’s role.
David Katimbo-Mugwanya, former fund manager at charity specialist, Epworth Investment Management, has joined EdenTree Investment Management’s new Fixed Income Fund Manager. EdenTree is the former Ecclesiastical IM. Link
Jim Christensen, Chief Investment Officer at Telstra Super, Australia’s largest corporate super fund with over A$16bn in assets, will join Australia’s second largest wholesale fund manager QIC in January next year. He’ll be Global Multi-Asset Managing Director, reporting to CEO Damien Frawley.
Egil Matsen has been appointed Deputy Governor of Norway’s Norges Bank. Matsen is a researcher in macroeconomics and finance and a professor of economics at the Norwegian University of Science and Technology. He has served on Norges Bank’s Executive Board since 2010, the first two years as alternate and then as a board member since 2012.
Stephanie Cohn Rupp, previously chief executive at US-based global impact investing network Toniic has joined family-owned wealth management firm Threshold Group. Cohn Rupp, with over 15 years experience in the sector, will work with Chief Investment Officer Ron Albahary at the $3bn firm.
Giulio Antonello, the former CEO and co-founder at Milan-listed Alerion Clean Power, is joining the advisory board of Quercus Assets Selection, the Luxembourg-domiciled renewable energy infrastructure investment vehicle.
Maurice Strong, Founding Executive Director of the UN Environment Programme (UNEP), has passed away at age 86. The UNEP Executive Director, Achim Steiner, described Strong as “a visionary and pioneer of global sustainable development.’’ Strong was president of the Power Corporation of Canada in the 1960s, later becoming chairman and CEO of Petro-Canada.
Bonny Landers, founder of Hong Kong-based investment consultants Bay Street, has reportedly been appointed Head of Socially Responsible and Impact Investing at Sandaire, a new role at the London- based international investment office.
Veronica Wahlberg, a former portfolio manager at Sweden’s central bank, the Riksbank, has been named to a similar at the Swedish pension €33bn ‘buffer fund’, AP3. Wahlberg takes up her post in February 2016 and replaces Peter Ragnarsson, who leaves this month. Announcement (Swedish)