ESG Investor’s weekly round-up of new hires in the sustainable investing sector, including PRI, GRI, Willis Towers Watson, Robeco, BMO GAM, CPP Investments, Blue Horizon, Agilitas, Alcentra and GHO.
The Principles for Responsible Investment (PRI) has announced David Atkin as its new CEO. Atkin will assume his new role from 10 December, taking over from Fiona Reynolds, who announced her decision to step down in June. Atkin previously served as CEO of three Australian asset owners: Cbus, ESS Super and JUST SUPER and most recently was the Deputy CEO of investment manager AMP Capital. In addition, Atkin was previously a PRI Board Director between 2009 and 2015. He will join PRI on 15 November in an advisory role with Reynolds staying on as CEO until December. Reynolds will stay on in an advisory capacity at PRI until early 2022 to help with the transition. “I have known David for more than 20 years, and he is a natural leader who is passionate about sustainable investing,” said Reynolds. “He has strong knowledge of the role investors can play as stewards of capital and will be an asset to PRI as it continues to grow.” In July, it was announced Reynolds would return to Australia to become CEO of Conexus Financial, a financial media and events organisation, after nine years with the PRI. She will also join an ESG advisory group at PwC Australia.
Eelco van der Enden has been appointed as CEO of the Amsterdam-based Global Reporting Initiative (GRI), an international sustainability reporting standards organisation. Starting 1 January, 2022, van der Enden will join GRI from PwC Netherlands, where he is Global ESG Platform Leader for Tax, Legal, People and Organisation Services, having served at the firm since 2007. He brings to GRI more than 20 years of experience in financial and sustainability senior management roles. Between 2018-19, van der Enden was a member of the Technical Committee that led the development of GRI 207: Tax. “I am hugely excited by the opportunities open to GRI and look forward to leading the organisation into the next stage of their growth,” he said. “Around the world, we are seeing increased demands for businesses to be accountable for their impacts – by all stakeholders, from regulators and shareholders all the way to consumers and future employees. That accountability cannot be achieved without the sustainability disclosure that is achieved through the adoption of the GRI Standards.”
Diana Fox Carney has been appointed as Strategic Adviser at Willis Towers Watson’s (WTW) Climate Resilience Hub. Canada-based Fox Carney will join the climate, resilience and ESG solutions teams, which serve corporates and public sector institutions in North America and worldwide. WTW highlighted Fox Carney’s experience as a development economist, providing insights on global sustainability risks for institutions on the pathway to low-carbon and net zero futures. Previously, Fox Carney led research at the IPPR think tank and was the former Executive Director of Pi Capital, holding senior roles at think tanks in Canada and the UK, focused primarily on energy and climate. She is a board member of several non-profit organisations in development and climate and sits on the advisory board of BeyondNetZero, a growth equity fund focused on the reduction of carbon emissions. “I am very excited to be joining the team at Willis Towers Watson, which has been at the forefront of innovation around understanding and managing risk,” said Fox Carney. “The company’s skill-set, combining analytical capabilities on climate with engagement on issues such as human capital management and board level advisory work, gives it potential to make a real difference for clients.”
Rotterdam-based Robeco announced Colin Graham as its new Head of Multi Asset Strategies and Co-Head of Sustainable Multi Asset Solutions as part of an expansion of its Sustainable Multi Asset Solutions capabilities. Graham will oversee growth of the Sustainable Multi Asset Solutions team in the newly created role. Graham was previously CIO of Multi Asset Solutions at Eastspring Investments (part of Prudential plc). Prior to this, he was CIO of Multi Asset Solutions for BNP Paribas Asset Management in London, and Co-Head of Global Multi Asset Strategies at Blackrock.
BMO Global Asset Management (GAM) hired two European responsible investment product specialists. Karlijn Van Lierop will join the business in January 2022 as the Product Specialist for the Netherlands, working on BMO GAM’s Responsible Engagement Overlay business in the country. Based in Amsterdam, Van Lierop joins BMO GAM from MN where she led the Responsible Investment team as a Director of Responsible Investment since 2012. Isabelle Meyer joined BMO GAM in October 2021 as a Responsible Investment Product Specialist for the German market. Meyer joins from Insight Investment where she worked since 2012 and was an ESG Fixed Income Investment Specialist from 2016. In their new roles, they will report to Claudia Wearmouth, Co-Head of BMO GAM’s Responsible Investment team. They will manage existing Responsible Investment clients.
The Canada Pension Plan Investment Board (CPP Investments) has appointed Deborah Orida as its first Chief Sustainability Officer. In addition to becoming CPP Investment’s first CSO, Orida will maintain her current role as Global Head of Real Assets. Orida joined CPP Investments in 2009 from Goldman Sachs in New York. Prior to becoming Global Head of Real Assets, she was Global Head of Active Equities. During her tenure with CPP Investments, she has held roles including Head of Private Equity in Asia, which she led after establishing the Relationship Investments Asia portfolio from Hong Kong. As Chief Sustainability Officer, Orida will guide CPP Investments’ funds as the world economy transitions to address climate change.
Blue Horizon has appointed a Partner and two Directors to its investment team. The Zurich-based investor added Lea Bajc as a Partner focusing on the value chain, creating impact and growth in the portfolio. She joins from venture capitalist firm Antler. Friederike Grosse-Holz and Olivia Stolt-Nielsen Meinl join as Directors. Grosse-Holz was previously a consultant at Boston Consulting Group, where she worked with biotech and biopharma clients. Stolt-Nielsen Meinl was part of Blackstone’s Alternative Asset Management team and an Investment Banking Analyst at Goldman Sachs. The appointments bring the company’s investment team up to 67% female representation.
Private equity firm Agilitas has made four new hires. Amol Judge, Nadja Goldbach, Niklas Quadt and Verdeep Dost have all joined its investment team. The recent hires will work across Agilitas’ investment process. Before joining Agilitas, Judge worked as an investment professional at Herkules Capital, a private equity firm based in Oslo, and was a board member for companies in the Nordic region. Goldbach has joined Agilitas from M&A firm Monitor Deloitte. Before that, she worked for Norland Capital, a technology-focused mid-market private equity firm based in Silicon Valley and London. Quadt joins Agilitas from private equity firm TA Associates. He also spent four years at Oliver Wyman. Dost joins Agilitas after three years at Hermes Infrastructure, an investment manager specialising in infrastructure investment in the UK and Europe, where he worked on investments across the infrastructure and energy space. Prior to this, Dost was at Macquarie Group for ten years.
Alcentra, the alternative credit specialist and part of BNY Mellon Investment Management made three new appointments to its responsible investing team. Ross Curran has been appointed as Head of Responsible Investing. Curran has been at Alcentra for 15 years as a Liquid Credit Portfolio Manager and will lead the firm’s responsible investment strategy in the newly created role. Alongside his new role, Curran will continue with his liquid credit portfolio management responsibilities. Curran will be supported by new hires Adriana Carvallo as Head of ESG Integration and Amanda Provencal as ESG Analyst. Both will report to Curran and be based in London. Carvallo joins from Norges Bank Investment Management and will lead Alcentra’s ESG integration. Provencal joins as an experienced project manager who has worked across multiple industries. As ESG Analyst, she will support the ESG integration process through active monitoring and company engagement, ensuring Alcentra delivers on agreed outcomes.
Global Healthcare Opportunities (GHO), the European specialist healthcare investor, has appointed Manuela Rankine as Director of Sustainable Investing. In this new role, Rankine will be responsible for implementing GHO’s sustainable investment strategy. Rankine’s remit will also include the measurement and articulation of the social value delivered throughout GHO’s strategy. Previously, Rankine spent seven years in the investment team at GHO. Prior to GHO, Manuela was part of the healthcare M&A team at Barclays Capital in London.