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
Licensee Centrepoint Alliance has completed the acquisition of Brighter Super’s annual review service advice book, via Financial Advice Matters.
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.