Fidelity creates specialist ESG role
Fidelity International has trumpeted its commitment to sustainable investing with the creation of a new role – head of stewardship and sustainable investing.
The company announced this week it had appointed a specialist, Michael Gibb to the new role overseeing Fidelity’s strategy and policies on engagement, voting and Environmental Social Governance (ESG) integration across its active product range.
The company announcement said Gibb would lead Fidelity’s existing seven strong ESG team, helping to advance the integration of ESG factors within the firm’s investment processes and reporting to Fidelity’s chief investment officer, equities, Europe, Paras Anand.
It said Gibb had over 27 years’ investment experience, having started his career as a portfolio manager in Asian equities and having worked at a range of high-calibre investment companies including Martin Currie Investment Management, Credit Suisse and Gartmore Investment Managers.
Fidelity said that, most recently, Gibb had completed an MBA from the University of Edinburgh Business School, focusing on ESG engagement and influence between investors and investee companies.
Gibb will be based in London.
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