RI People Moves, July 2: GIIN, Thomson Reuters, UKSIF, Hermes

Responsible investment people news

The Global Impact Investing Network, the impact investing group backed by Rockefeller Philanthropy Advisors, has named two new board members: Katherine Fulton, partner at consulting firm Monitor Group; and Nick O’Donohoe, Global Head of Research at J.P. Morgan Chase. Link

Point Carbon founder Per-Otto Wold has been appointed global head of growth initiatives at Thomson Reuters’ Commodities & Energy arm following the acquisition of his company by the media giant in May. He’ll report to Shaun Sibley, the firm’s Head of Commodities & Energy.

Martin Clarke has been named chairman of UKSIF, the UK Social Investment and Finance organisation. Clarke, who takes over from Aviva’s Steve Waygood in the role, is executive director of financial risk at the UK’s pension lifeboat scheme the Pension Protection Fund.

Hermes Fund Managers, the asset manager owned by the BT Pension Scheme, has named Mark Rimmer as a product specialist in government and inflation-linked bonds. He joins from Charles Stanley and was formerly with BlackRock.
Valentine Chitalu has been named as a non-executive director of CDC, the developmental fund of funds backed by the UK government. Chitalu is a former CEO of the Zambia Privatisation Agency.Patrick Cescau, senior independent director at UK retailer Tesco, has come under pressure from US investment group CtW to address concerns about excessive pay and poor performance of its US business. The call came ahead of the firm’s annual general meeting. Link
Elizabeth Littlefield, the former CEO of the Consultative Group to Assist the Poor (CGAP), has been named CEO of the Overseas Private Investment Corporation, a US Government agency that fosters private sector investment in sustainable development. Vijay Mahajan, founder of microfinance firm BASIX has been elected chairman of the CGAP’s executive committee.

Norwegian renewable energy company Statkraft has named former Den Norske Bank chief executive Svein Aaser as its new board chairman, taking over from Arvid Grundekjøn. Release

US investment bank Jefferies & Co. has poached a four-strong clean tech team from rival Piper Jaffray. The team comprises Jesse Pichel, Elaine Kwei, Min Xu and Constance Wang. Release

Former BAE Systems ethics director Joan Elise Dubinsky has been named Director of the UN Ethics Office, taking over from Robert Benson. Before the BAE role, she was Chief Ethics Officer of the International Monetary Fund for five years.