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RI People & Appointments, Oct. 26: CEO named for new ‘Aligned Intermediary’ climate change initiative

The latest ESG movers and shakers

Peter Davidson has been named as the Co-Founder and CEO for the Aligned Intermediary initiative, the new US project that has already raised $1.2bn of private capital for climate change investment. Davidson is the former head of the Loan Programs Office of the Department of Energy. A former investment banker with Morgan Stanley, he is also Chairman of the JM Kaplan Fund, a philanthropic private foundation in New York. The board will be chaired by Ashby Monk, Executive Director, Stanford Global Projects Center and other board members will include Peter J. Pereira Gray of the Wellcome Trust and Nigel Gormly of the New Zealand Superannuation Fund. Link

Mairead Hancock, the former Head of Client Services at EIRIS, the London-based ESG research house, has joined UK-based impact investment firm ClearlySo, on the institutional business team connecting institutional investors with impact-centred businesses. Hancock, who left EIRIS in 2012 after 12 years with the firm, was most recently with consultants Oliver Wyman. The appointment follows that of Lindsay Smart, who joined from ESG firm Vigeo earlier this year.

Björn Kvarnskog has been named as Head of Equities and a member of the Investment Committee at Australia’s state Future Fund. He was most recently in the same role at Swedish state pension fund Fjärde AP-fonden (AP4) and he will report to Chief Investment Officer, Raphael Arndt.

Naoko Ishii has been re-appointed for a second four-year term as the CEO and Chairperson of the Global Environment Facility, the independently operating financial organization set up on the eve of the 1992 Rio Earth Summit. She was previously Japan’s Deputy Vice Minister of Finance. Link

Ian Nolan has joined Circularity Capital, the UK-based ‘circular economy’ specialist private equity firm, as Partner and Investment Committee Chairman. He is former Chief Investment Officer of the Green Investment Bank and 3i Group. Link

Broadridge Financial Solutions, the US investor communications firm, has made some hires at its London office. Kimberly Jewell becomes Managing Director of Global Accounts and Mike Thrower is named EMEA Head of Sales.

Guy Jubb is to retire from his role as head of governance and stewardship at UK asset manager Standard Life Investments, according to a Reuters report citing the company. He would be stepping down in March and a search for a replacement is underway, the report added. Jubb is known for his vocal protests over executive remuneration.Kristen Le Mesurier has joined AMP Capital, the Australia-based investment manager with A$130bn (€85bn) under management, as Senior ESG Investment Analyst within its ESG Investment Research Team headed by Ian Woods. Le Mesurier joins from APP Securities where she was Associate Director, Financials on the institutional desk, advising large institutions on banks, insurers and diversified financials. Prior to this, she was a Senior Analyst with Ownership Matters, a corporate governance advisory service.

Lars Sundberg has been named Chief Portfolio Risk Manager at Tredje AP-fonden (AP3), the Swedish state fund. He was most recently with DNB, AP3 said.

Daniel Johansson has been named as new CEO at Arise AB, the Swedish wind company where state pension fund AP3 has a 10% stake. Previously a State Secretary in the Alliance government, he takes over from Peter Nygren. Announcement

Lisa Fairfax, a corporate governance expert and a Law Professor at George Washington University, has been nominated to serve on the Securities and Exchange Commission by President Obama. Her interests include fiduciary obligations, board diversity, shareholder activism, and securities fraud. She is the author of “Shareholder Democracy: A Primer on Shareholder Activism and Participation”. She is co-director of the DirectWomen Board Institute, which promotes board diversity. Also nominated was Hester Peirce, senior research fellow at the Mercatus Center at George Mason University.

Matthew Beale has been named CEO at Clean Diesel Technologies, the US emission control technology firm. Beale has served on the CDTi board since 2014, chairing its Audit Committee. Chris Harris, who became president and CEO in July 2014, will continue as president and become Chief Operating Officer. Announcement

Hollywood star Leonardo DiCaprio has been named to chair the new Sustainability Committee of the Formula E global electric racing championship. The body will focus on Formula E’s contributions to promoting the mass use of electric vehicles, focusing particularly on urban mobility. Other members of the committee include senior figures from Julius Bar Bank, DHL, Qualcomm, VISA Europe, Michelin and TAG Heuer. Link