RI People Moves, August 30: PREI, BP, SEC, Calvert Foundation

RI’s regular round-up of industry people moves.

Elliot Frankal, communications manager at the United Nations Principles for Responsible Investment has left the organisation. Details of his replacement, who will start in September are to be announced shortly.

Prudential Real Estate Investors, the real estate investment management arm of Prudential Financial, has named David DeVos as its new Global Sustainability Officer. He joins from consulting firm Ecoxera, which he co-founded. PREI manages $43.8bn (€34.4bn) of assets.

Sir Ian Prosser is to take over as chairman of BP Pension Trustees on September 28, taking over from Michael Miles who is retiring. Prosser, the former chief executive of Bass Plc, stepped down from the BP board in April. Link

Shira Pavis Minton has been named Ethics Counsel at the Securities and Exchange Commission. She will advise staff on all ethical issues, and coordinate and manage the agency’s ethics and compliance programme. She was formerly Deputy Assistant General Counsel for Ethics at the US Treasury.

Shari Berenbach is to leave her role as President and Chief executive of the $500m Calvert Foundation after 13 years with the organisation, a non-profit collaboration between fund firm Calvert and the Ford, MacArthur and Mott Foundations. She will join US development agency USAID. Executive Vice President Lisa Hall will serve as Interim President and CEO. Announcement

Jill Duggan, Head of International Emissions Trading at the UK’s Department of Energy and Climate Change, is to take a secondment to the European Union in Brussels. The move follows a three-year posting to Washington DC.John Petzold has been appointed director of investment management and deputy chief investment officer, a new role, at the $134.3bn (€105.6bn) California State Teachers’ Retirement System. He was formerly CalSTRS’ director of investment operations. He will be replaced on an interim basis by Debra Smith. Announcement
Nelmara Arbex has been named Deputy Chief Executive at the Global Reporting Initiative, the Amsterdam-based body which develops sustainability reporting frameworks. She was previously the GRI’s Director of Learning Services. Meanwhile, the GRI is advertising a vacancy for a Reporting Framework Director.

Constant Korthout, chief financial officer at Robeco, has joined Dutch private bank Van Lanschot in a similar capacity. His departure follows that of board member Sander van Eijkern in February. Meanwhile, it’s emerged that Robeco Asset Management vice president Arjan Van Der Linden has joined Hewitt Associates as a senior investment consultant.

Richard Kauffman, chief executive of Good Energies, the green investment firm founded by Marcel Brenninkmeijer of the C&A retail dynasty, has resigned. Chief Operating Officer Hugh Frater has also left, to become CEO at Berkadia Commercial Mortgage, a firm 50% owned by Warren Buffett’s Berkshire Hathaway. Kauffman is a former managing director at Goldman Sachs and chairs the board at jeans firm Levi Strauss & Co. Link