Northern Trust AM creates ESG leadership role



Northern Trust Asset Management has named Mamadou-Abou Sarr as its new global head of Environmental, Social and Governance (ESG) investing.
The company announced Sarr’s appointment to the newly-created role this week saying that he would lead ESG innovation and product development across Northern Trust’s array of asset class capabilities.
The announcement said he would on expanding into new opportunities for ESG growth in the global institutional and wealth management markets.
Commenting on the appointment, Northern Trust Asset Management president, Stephen N. Potter said the company had realized growing success in ESG investing, given its client-centric focus and more than 25 years of experience managing socially screened portfolios, as well as being a signatory to the United Nations Principles for Responsible Investing,.
Based in Abu-Dhabi, Sarr will report to Wayne Bowers, Head of Asset Management-EMEA & APAC, and will work closely with the Global Equity Strategist team.
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.