RI People & Appointments, Sept. 1: HSBC, Arabesque, Deutsche Bank, GIIN, Manulife

The latest ESG movers and shakers

Rob Walker has taken up a new position as Director at HSBC Bank focusing on Social and Governance research. This is a new research product that is part of HSBC’s equity strategy team and which will specifically target the institutional investor equity client base. Walker, former with Kepler Cheuvreux, told RI the new product would complement the ‘E’ element of ESG that is currently provided by the climate change team headed by Zoe Knight.

Georg Kell, founder and outgoing Executive Director of the United Nations Global Compact, will join Anglo-German asset manager Arabesque as Vice Chairman-designate. He joins after a 15-year tenure at the corporate sustainability initiative. He helped with the launch of sister initiatives including the Principles for Responsible Investment (PRI) and the Sustainable Stock Exchanges (SSE) initiative. Subject to approval from the UK Financial Conduct Authority (FCA), he will join Arabesque’s Board alongside Chairman Robert Eccles, the noted Harvard academic.

It’s emerged that Sabine Miltner, who was Deutsche Bank’s Group Sustainability Officer since 2007, has left the bank. A spokesman confirmed Miltner’s departure, adding that a replacement for her was currently being sought. “In the meantime, her responsibilities have been divided by various teams within the bank,” the spokesman said, without giving further detail.

Shinzo Maeda is set to be named head of the board of Toshiba, the Japanese corporate giant hit by an accounting scandal, according to reports. Reuters, citing unnamed sources, said the advisor at cosmetics firm Shiseido Co. would take the role vacated by President Masashi Muromachi. An extraordinary shareholders’ meeting is scheduled for later this month.

Bill Peressini has been named chief executive of Hancock Natural Resource Group (HNRG), the arm of financial services group Manulife. He takes over from Dan Christensen, who will be retiring at the end of the year after 23 years with the company, the last 12 as CEO. As previously announced, Wilfred Steiner becomes CFO. Christensen will continue as chairman of HNRG’s subsidiary companies and become chairman of HNRG’s board. The firm, which has $14bn under management, is part of Manulife Asset Management Private Markets and comprises timber, agricultural and renewable energy arms. Announcement

Trevor Welsh has been announced as Head of Liability Driven Investment (LDI) at the Pension Protection Fund, the UK’s pension lifeboat scheme. Welsh, who most recently ran the LDI strategy for the Aviva Staff Pension Scheme during a 17-year career with the organisation, will report to Chief Investment Officer Barry Kenneth.

Hanalei Ramos has joined the Responsible Endowments Coalition, which campaigns for socially responsible investment at US universities, as its new Director of Communications and Development. Natalie Campos and Zakaria Kronemer join as National Coordinators.

Harvard University has added two new members to its board to help manage its $36.4bn endowment. They are Joshua Friedman, co-founder of hedge fund Canyon Partners and former Federal Reserve Governor Jeremy Stein.Susan Balloch has joined the Global Impact Investing Network (GIIN), the US-based nonprofit organization, as Chief Operating Officer reporting to CEO Amit Bouri. A former Co-Chief Operating Officer and Managing Partner of Credit Suisse’s Investment Banking Group, she was most recently Managing Director of angel investment group Golden Seeds.

Steven Burrell has been named CEO at the Governance Institute of Australia, the professional association formerly known as Chartered Secretaries Australia. Before this he was General Manager of Communications and Public Affairs at the Australian Institute of Company Directors (AICD). Burrell replaces Tim Sheehy who is stepping down after 15 years.

John Burke, former Head of Business Development at Newton Investment Management, has been appointed as Head of Institutional Business at Royal London Asset Management (RLAM). He’ll report to Head of Distribution Rob Williams.

The Asset Owners Disclosure Project, the global not-for-profit organisation, is seeking a Volunteer Investment Ratings Analyst as it builds a team of analysts to help produce the 2016 Global Climate Index. This index covers over $70 trillion of funds and shows which institutional investors are actively managing climate risks across their portfolio and those who are lagging behind. The 2016 Global Climate Index Ratings Programme runs for three months from September to December 2015, with potential for some review and follow-up in January. The role is available on a full-time or part-time basis, with flexible hours – the AODP is looking for a commitment from each analyst to rate approximately 30 asset owners. The deadline is September 30 and applications with cover letter and CV to info@AODProject.net

Megan Powers has been named international program officer at the McKnight Foundation, the $2bn Minneapolis-based endowment. She joins from Grassroots Solutions, a firm specializing in strategy, organizing, training, and evaluation.

The PRI is seeking candidates for its Private Equity Advisory Committee. It is looking to fill four spots with one European limited partner, one limited partner with emerging markets exposure, one US large buyout general partner and one mid-market general partner. Committee members should be senior within their organisation and have good knowledge of current trends and good practices for integrating ESG into private equity investment processes. Link

A Corporate Governance Analyst is being sought by State Street Global Advisors in Boston. “SSGA is looking for an analyst to join our Corporate Governance Team,” the firm said. “The position requires familiarity of corporate governance, proxy voting and environmental and social considerations within an investment context.”

Enclude, an advisory firm focused on sustainable economies, is seeking two associates to join either the London or Washington offices. The Capital Advisory Services (“CAS”) practice provides a range of services including fund structuring and capital raising, corporate finance and M&A advisory, and transaction-related offerings such as loan fund servicing, third party due diligence and investor relations.