Howard Jacobs has stepped down from the board of the £34bn (€41.8bn) Universities Superannuation Scheme (USS), according to a filing, having completed a 10-year tenure. Jacobs is a former board member of the UN-backed Principles for Responsible Investment. USS has also named former Watson Wyatt European investment head Kevin Carter to its board. He’s currently non-executive chairman of Hermes GPE, the real estate arm of the BT Pension Scheme-owned fund manager. He is also a member of the BBC Pension Trust Investment Committee and a Trustee Director of the Centrica Combined Common Investment Fund. Carter also sits on the Investment Council of the National Association of Pension Funds (NAPF) and chairs the Shareholder Affairs Committee.
Pavan Sukhdev has been named as a Goodwill Ambassador of the UN Environment Programme (UNEP). Sukhdev is a former executive at ANZ Bank and Deutsche Bank and a former Head of UNEP’s Green Economy Initiative. Known for his role in ‘The Economics of Ecosystems and Biodiversity’ (TEEB) initiative, he now heads his own environmental consulting firm called GIST Advisory. Link
Cheryl Eason has been named as chief financial officer at the $243bn California Public Employees’ Retirement System (CalPERS), the largest US pension fund. She was most recently Vice President, Financial and Plan Board Services at the British Columbia Pension Corporation. Release
Ermanno Pascutto, founder and Executive Director of investor advocacy group FAIR Canada, is stepping down after four years in the role. The body’s board has begun a search for a replacement. “FAIR Canada has developed a strong voice as an advocate for investors and has made considerable progress toward improved investor protection,” Pascutto said. Link*German industrialist Eckhard Cordes* has been appointed a partner in active ownership fund manager Cevian Capital. Cordes is a former CEO of Mercedes Car Group and Daimler Commercial Vehicles. From 2007-2011 he headed retail giant Metro AG.
Nelson Switzer, former CEO of Canadian sustainability advisory firm Asherleaf Consulting, has joined accounting firm PwC to lead its Toronto-based Sustainable Business Solutions practice. Announcement
Patrick Locke, Secretary of the UK’s Church Commissioners between 1992 and 1998, has died. Current Secretary Andrew Brown said: “He was a man of integrity who helped the Commissioners navigate a very difficult path during the 1990s with clarity.”
Tom Sefton has joined the Church of England’s Mission and Public Affairs Division as Adviser on Economics and Social Policy. He joins from the Church Urban Fund, where he was research manager. He is a former Research Fellow at the London School of Economics.
The newly launched Sustainability Accounting Standards Board (SASB) is seeking experts to help it create Industry Standards. “You will be playing an integral part in creating a new body of decision-useful information for the benefit of companies, investors and the public,” it says.
Environmental non-governmental organisation Green Alliance is seeking a Senior Economist. The deadline for applications is November 12.
Australia’s Human Rights Law Centre is recruiting for an Executive Director. The centre is a not-for-profit group that promotes human rights in Australia and through Australian foreign policy. Applications close on November 9. Home page
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