Arun Kelshiker has been appointed as Invesco’s head of sustainable and impact investing distribution for the Europe, the Middle East and Africa, according to a news release.
He replaces Hamid Assefar, who left the firm after more than six years with Invesco.
Kelshiker will lead efforts across the EMEA region to raise and mobilize capital in sustainable and impact-focused investment strategies, and coordinate with colleagues at Invesco globally.
He will be based in London and report to Richard Glenn, head of EMEA private markets distribution.
“Scaling efforts around climate adaptation is essential to building resilience and ensuring a sustainable future for communities and economies facing the most severe impacts of climate change,” Glenn said in a news release.
“Arun brings exceptional experience across multistakeholder environments and will play a key role in helping us engage with our clients on their financial and impact-orientated outcomes,” he said.
Prior roles for Kelshiker include head of asset allocation and portfolio strategy at Standard Chartered Bank, and senior portfolio manager at Allianz Global Investors. Standard Chartered couldn't immediately be reached regarding a replacement for Kelshiker.
Atlanta-based Invesco, which has offices in more than 20 countries, managed $1.8 trillion in assets globally as of Sept. 30.