RI People & Appointments, Sept. 24: Alecta’s Billing to chair new Swedish green investment hub

The latest ESG movers and shakers

Magnus Billing, CEO of Swedish occupational pension provider Alecta, will chair the advisory board of the Stockholm Sustainable Finance Centre, a government-backed research initiative launched at the end of 2017. Billing was a member of the EU’s High Level Expert Group (HLEG) on Sustainable Finance and other board members are Maria Håkansson, CEO of Swedfund; Liza Jonson, CEO of Swedbank Robur; and Jens Henriksson, CEO of Folksam Group. The new body aims to accelerate and promote the shift in capital investments required to deliver on the UN Sustainable Development Goals and Paris Agreement climate targets. “The Centre aims to be a go-to partner for impartial research, knowledge, and capacity building on current and future issues in sustainable finance,” it says.

Marc Siegel has joined EY as Partner, Financial Accounting and Advisory Services, according to his LinkedIn profile. Siegel served two terms as a member of the Financial Accounting Standards Board (FASB). Before joining FASB, he was Director of Research at the Center for Financial Research & Analysis (CFRA), a firm later acquired by RiskMetrics Group which is now part of MSCI. Siegel addressed the role of FASB in sustainability reporting and spoke about it in an interview with RI last year.

Carla Moonen has stepped down as chair of Dutch healthcare pension fund PFZW after 18 months in the role. The fund, parent of PGGM, is now looking for a new Chair.

Four out of nine members of Cambridge University’s investment office have reportedly resigned, amid growing staff and student pressure for the £3.3bn endowment fund to go fossil free. CIO Nick Cavalla will leave the investment office later this year, alongside colleagues Bruce Lockwood, Conor Cassidy and Vincent Fruchard, all joining London’s Talisman Global Asset Management.

Big Issue Invest, the social investment arm of The Big Issue, has appointed Danyal Sattar as its new CEO. Sattar moves from The Joseph Rowntree Foundation, where he held the role of Head of Social Investment. He was also one of the six co-conveners of the Social Impact Investors Group, which coordinates social investment activity amongst UK trusts and foundations.

Nicola Mayo has been named as head of governance at the Universities Superannuation Scheme. She is a former partner at law firm Linklaters.

Ted Jennings has been appointed as the first Senior Investment Manager at RPMI Railpen (Railpen)’s £28bn Private Markets team, where he will be responsible for Railpen’s Long-term Income Fund. Moving from Aviva, where he was most recently Portfolio Manager for the Alternative Income Solutions Fund, he has also previously held roles at Friends Life and Knight Frank.

Mark Lazberger has stepped down
as CEO of Colonial First State Global Asset Management (CFSGAM), the Australian fund manager with a strong RI focus, after 10 years in the role. Chief Operating Officer Mark Steinberg will act as CEO of the A$213bn asset manager until a permanent replacement is found.Shelley Alpern, who left her role as Director, Disclosure at Ceres in July, is now an independent consultant. Formerly Vice President of Trillium and Director, Social Research & Advocacy at Clean Yield Asset Management, Alpern has over two decades of experience in the sustainability and impact investing field. Link

Camilla de Ste Croix, former Senior Policy Officer at ShareAction and aide to the CEO of the International Integrated Reporting Council, has started a new role as Assistant Private Secretary to the Minister for Family Support, Housing and Child Maintenance at the UK’s Department for Work and Pensions (DWP).

Martin Baumann has been appointed Chair of the International Auditing and Assurance Standards Board (IAASB), which issues the International Standards on Auditing (ISAs). Baumann was Chief Auditor and Director of Professional Standards at the Public Company Accounting Oversight Board (PCAOB), and before that CFO for Freddie Mac and a senior partner at PwC.

The UK’s Royal Mail Pension Plan (RMPP) has appointed Richard Law-Deeks as CEO, according to media reports. He replaces Chris Hogg, who left the £10.1bn (€11.4bn) fund last year to become chief executive of the National Grid UK Pension Scheme.

CalPERS’ Investment Office Sustainable Investment Program is currently seeking an Associate Investment Manager (AIM) to lead the integration of sustainability into its investment decision-making processes.

S&P Global is seeking an Associate Director, ESG Indices, Product Management to provide expertise in the build out of its ESG product offering.

Matt Moscardi, Executive Director of ESG Research at MSCI ESG Research and host of the ESG Now podcast is looking to hire. He said on LinkedIN: “This is NOT a sector related analyst position, I’m looking for someone with ESG knowledge, a journalist background or interest in telling stories, research chops across wide ranges of subject matter, and a personality doesn’t hurt. You’d work with me on ESG Now, our podcast, writing blogs with me and our team, managing broad ranges of ESG content, and working with analysts to find stories and develop new research ideas.

Trucost is recruiting an Account Director, North America Financial Institutions Business Development.

The newly established European Corporate Reporting Lab – part of the European Financial Reporting Advisory Group (EFRAG) – has published a call out for candidates for its steering group.

Invesco UK is seeking a Senior EMEA Responsible Investment Officer to “provide global support across the EMEA region advising internal and external stakeholders on ESG issues as it relates to Invesco’s global brand positioning.”

The Centre for Sport and Human Rights, hosted by the Institute for Human Rights and Business (IHRB), is recruiting for a Chief Executive to be based in Geneva.