People Moves 28 July: Who is hiring who within the industry?
Change made at the top of the UK's largest master trust
Helen Dean to step down as Nest CEO
Helen Dean is to step down as Nest chief executive after nearly eight years in the role, during which the pension scheme has grown to become one of the largest in the UK with more than £30 billion in assets under management.
In the most recent AGM season, Nest voted for climate resolutions and against board appointments at oil and gas giants BP and Shell in protest of perceived weaknesses in net zero strategy.
Before Nest was formed, Dean was one of the architects of the auto enrolment policy at the Department for Work and Pensions, and joined the pension fund’s predecessor the Personal Accounts Delivery Authority. Her replacement as chief executive is yet to be announced.
M&G Investments names head of sustainability
M&G Investments have appointed Michael van der Meer as head of sustainability, joining from Credit Suisse.
Van der Meer will continue to work in Zurich, Switzerland. At M&G he succeeds Rob Marshall, who has left the firm after 20 years.
At M&G, van der Meer will report to Fabiana Fedeli, CIO of equities, multiasset and sustainability.
India climate firm makes series of hires
Indian climate consultancy ReNew has appointed three directors to its board.
Paula Gold-William, former chief executive of San Antonio-based natural gas facility CPS Energy, will join the board. Gold-Williams also sits on the US Secretary of Energy’s Advisory Board and was previously vice chair of the non-profit Electric Power Resource Institute.
Philip Graham New, former chief executive of BP Alternative Energy and chair of the UK Electric Vehicle Energy Taskforce, also joins ReNew. Completing the trio is Nicoletta Giadrossi, who is currently chair of transport firm Gruppo FS based in Italy, and sustainability chief at German transport firm TKE.