RI People & Appointments, Oct. 30: Church investors hire De Beers executive as finance chief

The latest ESG movers and shakers

Gareth Mostyn has been appointed as Chief Finance and Operations Officer for the National Church Institutions (NCIs) of the Church of England. He will join from De Beers plc, where he is currently Executive Head of Strategy and Corporate Affairs, prior to which he was Chief Financial Officer. Mosyn, who has also held senior finance roles with Anglo American plc and the BOC Group, takes over from Ian Theodoreson who has been CFO for the past nine years.

Pax World Management, the US SRI firm that is being acquired by Impax Asset Management, has named Andrew Braun as Portfolio Manager, and Barbara Browning, Co-Portfolio Manager, of the Pax Large Cap Fund. Yvonne Tai becomes Senior Analyst for the Pax Core Bond Fund. Braun is a 23-year veteran of Goldman Sachs Asset Management, where he was Managing Director on the Value Equity Team and led a team of 30 portfolio managers and analysts. He served as the team’s Co-Chief Investment Officer from 2008 to 2014. Browning was formerly Vice President and Senior Portfolio Manager at RBC Global Asset Management.

Alex Struc, head of environmental, social and governance (ESG) portfolio management at fixed income giant PIMCO, is reportedly leaving the company. Citywire reported he would be replaced on the $930m Total Return ESG fund and the $175m Low Duration ESG fund by Mike Amey. Amey has also taken on the title of head of ESG strategies, the report said.

Zach Oleksiuk, head of the Americas within BlackRock’s Investment Stewardship arm, is leaving the asset manager according to a Reuters report citing an internal memo sent by global governance head Michelle Edkins. After 11 years with the $6trn firm, he was leaving for a role in the corporate governance world “though not at an asset manager” Reuters quoted the memo as saying. It added Edkins would oversee the Americas stewardship team while hiring a replacement.

Michael Adams has resigned as CEO of Law Debenture, the UK-listed investment trust and professional services firm, after just over a year in the role. Adams, who took over from long-time CEO Caroline Banszky in August last year, had joined from TMF Group. CFO Tim Fullwood, a former partner of the UK Arthur Andersen partnership, has been named interim CEO. Announcement

The Akina Foundation, a New Zealand-based social enterprise incubator that has been working with the government on impact investment development, has appointed a new chief executive. Louise Aitken has been promoted from her role of general manager, replacing Alex Hannant after six years in leadership. Just before he left, the Akina Foundation proposed a new legal structure for social enterprise in New Zealand and launched the Impact Investment Report with EY and wealth manager JBWere. Prior to working at Akina, Aitken was programme manager of global sustainability and social responsibility at listed dairy co-operative Fonterra.Michael Hannibal has joined Copenhagen Infrastructure Partners (CIP) as partner to take a lead role on the Danish pension-backed infrastructure outfit’s offshore wind business. He was most recently CEO Offshore at wind giant Siemens Gamesa.

The Border to Coast Pensions Partnership (BCPP), one of the new UK pension pools, has appointed Fiona Miller as its first chief operating officer. She will join the £43bn investor in January next year from Cumbria County Council in northern England, where she manages its £2.5bn local government pension scheme.

Michael Flycht has been named as the new Deputy Director of Investments at Denmark’s PKA.

Jean Medernach, President of INVESTAS, the Luxembourg Association of Private Investors, and a board member at finance user group Better Finance, has been appointed to the board of EFRAG, the European Financial Reporting Advisory Group.

Richard Froio has joined Eaton Vance Investment Managers as Chief Compliance Officer, based in Boston. He reports to Frederick Marius, Secretary and Chief Legal Officer of Eaton Vance Corp and joins from PIMCO.

Joachim Nagel will take up his post as a member of KfW Group’s Executive Board with effect from November 1, having been named to the post in June. He was formerly with the Deutsche Bundesbank and takes over from Norbert Kloppenburg, who is retiring.

Fiona Mackenzie, head of external investments at the New Zealand Superannuation Fund, is reportedly leaving to become head of direct wealth for First NZ Capital. The NZ Herald said FNZC chief executive James Lee confirmed she would take up the role next year, though it added the Super Fund, which she joined in 2011, “did not respond to questions”.

The Spanish’s government’s official public record, the State’s Official Bulletin, published the composition of the recently approved Inter-Ministerial High Level Group to achieve the UN’s Sustainable Development Goals of the Agenda 2030. The SDG High Level Group involves all government departments and is chaired by the Minister of Foreign Affairs, Alfonso Dastis. The Vice-chairs are Isabel García Tejerina, Minister of Agriculture, Fisheries, Food and Environment and Íńigo de la Serna Hernáiz, the Minister of Public Works. Responsible Investor understands the Group has been promoted by Juan Francisco Montalbán, Ambassador at Large for the Agenda 2030 and Fernando García Casas, Secretary of State for International Cooperation and for Ibero-America.

The £2bn Wiltshire Pension Fund in southern England, one of the members of the Brunel pension pool, is seeking an Investments Manager.