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Responsibility Matters | Money Marketing

With information from third-party vendors sometimes limited in scope, how can bespoke, bottom up ESG research potentially help deliver added value for clients? Eli Haroush, Royal London Asset Management's (RLAM) Head of ESG Research discusses in the latest edition of our responsible investment review, Responsibility

People news: UK s FCA creates new ESG role

Financial Conduct Authority (FCA) – The UK regulator has hired Sacha Sadan, most recently director of stewardship at Legal & General Investment Management, as director of environmental, social and governance, a new role. The FCA said he would develop and advocate for the FCA’s approach to sustainable finance both in the UK and internationally. He will also lead the development of policy to help ensure the long-term safety and soundness of firms, the proper functioning of markets, and consumer protection. “The FCA is rightly seen as an international leader on the role financial regulation should play in delivering a more sustainable and greener future,” said Nikhil Rathi, chief executive officer of the FCA. “We welcome the recent addition to our remit of a requirement to have regard to the UK target of net zero carbon emissions. I am delighted to have someone of Sacha’s experience and insight joining us to help us accelerate this important work.”

PEOPLE MOVES: Aegon, FOS, Enhance Group

Group chief tech officer steps down from pension provider, while UK ombudsman names interim CEO Aegon Group chief technology officer Mark Bloom will leave the company on 1 June 2021. He has led the firm’s technology and innovation activities and decided to pursue other opportunities. Bloom joined Aegon in 2016 as chief technology officer after holding several senior roles within technology at Citi and JP Morgan Chase. Financial Ombudsman Services Nausicaa Delfas will take on the role of interim chief executive officer and chief ombudsman at the FOS. She succeeds Caroline Wayman who stepped down after seven years at the helm of the Financial Ombudsman Service.

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