Majedie Asset Management Creates New Head of Responsible Capitalism Role
Majedie Asset Management announced that Cindy Rose is joining the firm in a newly created role as head of responsible capitalism. Cindy joins from Aberdeen Standard Investments, where she was head of environmental, social, and governance (ESG) clients and products.
She was previously co-head of ESG and stewardship at Aberdeen Asset Management.
Rose will lead and further develop Majedie’s commitment to responsible capitalism, an ethos the company formally adopted at its 2012 client conference to explain its overarching company purpose: to make money for clients—responsibly.
Majedie is a signatory to the Principles for Responsible Investment, a Tier One Signatory to the Financial Reporting Council’s Stewardship Code and a member of both the Investment Association and the New City Initiative, which gives a voice to independent, owner-managed firms that are entirely focused on and aligned with the interests of their clients and investors.
Rose is expected to begin her new role in late August.
GoldenTree Asset Management Names Christopher Hayward Partner and President
GoldenTree Asset Management announced that Christopher Hayward has been named partner, president, and member of the executive committee.
Hayward succeeds Robert Matza, who is retiring. He brings more than 27 years of experience in the investment management industry to GoldenTree. He was previously managing partner and co-head of J.P. Morgan Global Alternatives and, within this alternatives group, managing partner and chief operating officer of Highbridge Capital Management.
“Since our founding in 2000, we have focused on building a strong partnership and deep leadership team based on a culture of collaboration, operational excellence, and a focused, research-driven investment approach,” said Steven Tananbaum, founding partner and chief investment officer.
Matza’s new advisory role will include ensuring a seamless transition of responsibilities to Hayward. Matza will remain invested in GoldenTree’s funds and maintain an office at the firm. He will also pursue numerous charitable and business interests.
NISA Investment Advisors Announces Managing Director Appointments
NISA Investment Advisors is pleased to announce the promotion of two company executives, Cheryl L. Hanson, CPA and Bella L. F. Sanevich, Esq., to the Managing Director level. “These promotions are an affirmation of the positive contributions that both Cheryl and Bella have made to NISA over the years, and are part of our ongoing efforts to broaden the management responsibilities of our senior leadership team,” said Jess B. Yawitz, Ph.D., chairman and chief executive officer of NISA Investment Advisors.
Hanson and Sanevich have each been with NISA for over 15 years.
Foresters Financial Bolsters Its Leadership as It Refocuses on Life Insurance
Foresters Financial announced the further bolstering of its senior leadership team with the appointment of its new chief operating officer, Bruce Hodges, as the organization repositions to focus on its core life insurance business.
Joining recent appointments Marcia Mendes d’Abreu, chief human resources officer; Alvin Sharma, global chief financial officer; and David Longfritz, chief marketing officer, Hodges rounds out the leadership team.
Hodges comes to Foresters at a transformative time following the organization’s April announcement to sell assets related to its US asset management business.
With 30 years of financial services, insurance, and IT expertise, he has leadership and international experience at Generali, ING, Manulife Financial, and Sun Life Financial that spans markets including North America, Europe, and Asia.
Under the direction of Foresters President and CEO, Jim Boyle (formerly John Hancock CEO and a member of Manulife’s Executive team), this purpose-driven organization continues to build on successive years of record sales, positioning Foresters for long-term growth and success.