Man Group appoints head of responsible investment

Boardroom-Hire-Hiring-Appointment-General-700x450.jpgMan Group has appointed Steven Desmyter as head of responsible investment and chair of Man Group’s responsible investment committee.

Desmyter will continue in his current roles as head of sales across EMEA and a member of Man Group’s executive committee, as well as leading the firm’s focus on incorporating environmental, social and corporate governance considerations in the investment process in his new roles.

Man Group has also appointed Jason Mitchell – a member of Man GLG’s European and international equity teams – as sustainability strategist. Mitchell will work across the firm’s investment strategies to support the integration of sustainability themes into investment processes across all asset classes.

Luke Ellis, CEO of Man Group, says: “Our investors increasingly consider environmental, social and governance factors to be a key part of sound investment stewardship.

“Through his strong relationships with our clients and understanding of their needs, Steven has already been instrumental in developing our responsible investment capabilities. We are committed to furthering the interests of our clients in this area and I am delighted that Steven will now be formally leading Man Group’s efforts in this space, supported by Jason Mitchell who has been a key industry advocate for responsible investment.”

Desmyter adds: “We consider responsible investment fundamental to our fiduciary duty to our clients, as they seek to better understand and mitigate long-term, non-financial risks. Our industry is still working towards a truly sustainable and consistent approach to responsible investment but I have been encouraged by recent progress.”