Mirabaud Asset Management chooses first head of ESG

Hamid Amoura was named head of environmental, social and governance at Mirabaud Asset Management, a spokeswoman said.

The position is new. Mr. Amoura's responsibilities include ensuring the firm continues to integrate ESG principles in its investment processes and developing best practices across all investment teams. Mr. Amoura manages one socially responsible investing officer, David Jeannet, who joined the firm in 2017.

"(Mr. Amoura's) brings deep expertise within the field of ESG itself, as well as solid experience working with investment teams to integrate it in the investment process. The appointment also reflects a growing demand from clients, who increasingly view ESG as an integral part of the investment solutions they require," Umberto Boccato, head of investments at Mirabaud, said in a news release.

Mr. Amoura was previously an equity portfolio manager at BNP Paribas Cardif, an insurer.

Mirabaud Asset Management has 33.4 billion Swiss francs ($34.4 billion) in assets under management.