M&G has hired a chief sustainability officer to lead the asset manager’s sustainability strategy.
Kathy Ryan will embed sustainability across the business and help to drive real-world positive change, with the asset manager acting as a responsible long-term investor.
She joins from Irish Life Investment Management (ILIM) where she was head of responsible investment.
At ILIM, Ryan built and led a team of ESG specialists to advance ESG integration and stewardship across asset classes.
She also improved sustainable best practice across industry and chaired the CDP Ireland Network, launched the 30% Investor Initiative Ireland on Diversity, and contributed to Ireland’s Climate Action Plan.
Ryan’s experience in sustainable investing includes having founded an ESG investment research and analytics firm, Global Green Investments, which advised clients such as the World Bank, the European Commission and the UK government.
She will join M&G on 13 November and report to Kathryn McLeland, chief financial officer.
McLeland said: “I’m delighted to welcome Kathy to M&G. The depth of her technical expertise and wealth of experience progressing sustainable investing makes her ideal to drive our sustainability strategy.”
Ryan added: “Our industry has an immense role to play in improving sustainable outcomes achieved and financing the transition to net zero.
“Through responsible asset management, pensions, life and savings, M&G can play a significant role in developing sustainable long-term investment solutions and building on existing initiatives.”