MONEY MANAGEMENT

Standard Life Investments recruits governance and stewardship director

Deborah Gilshan will join Standard Life Investments in May as governance and stewardship director, a spokeswoman said.

The position is new, and she will report to Euan Stirling, head of stewardship and ESG investment. Ms. Gilshan will implement governance and stewardship considerations into the wider mainstream investment process at the £269 billion ($333 billion) firm, and will engage with companies, their boards and regulators on governance issues.

“The consideration of ESG issues is now formally integrated as part of our investment research process. As active investment managers, engagement continues to be at the heart of our approach to ESG matters and it is important for us to influence the standards of governance that apply,” Mr. Stirling said in a news release.

Ms. Gilshan is head of sustainable ownership at RPMI Railpen until March 31. She leads the development of a framework to integrate sustainable ownership factors across Railpen’s investment arrangements, RPMI said in a news release Tuesday.

RPMI and Railpen Investments run the assets of the £25 billion Railways Pension Scheme, London.

A spokesman for RPMI was not available to comment by press time.