MONEY MANAGEMENT

RPMI Railpen names head of sustainable ownership

Leo George was named head of sustainable ownership at RPMI Railpen, said a spokesman.

Mr. George replaces Deborah Gilshan. In his new role, he will be responsible for integrating sustainable ownership considerations across the pension plan's public and private market investments.

Mr. George has worked at RPMI Railpen for more than eight years and was responsible for asset allocation of the plan's pooled funds, thematic investment research and setting the investment strategy. He was most recently senior investment manager. He is hiring a senior governance professional to join the sustainable ownership team following his appointment into a new role.  

“We are very pleased that we have someone of Leo's considerable experience to run our sustainable ownership team. I look forward to working with (Mr. George) as we continue to place sustainable ownership considerations at the heart of our investment decision-making,” Ciaran Barr, investment director at RPMI Railpen, said in a news release.

Ms. Gilshan will leave RPMI Railpen with assets of the £25 billion ($30.7 billion) at the end of March. She is joining Standard Life Investments as governance and stewardship director in May.