Kate Turner has been appointed global head of responsible investment at First Sentier Investors, succeeding Will Oulton, who will retire at the end of the year.
Mr. Oulton will remain “actively engaged” with First Sentier in a non-executive/consultancy capacity, according to a news release Monday.
Ms. Turner was formerly deputy head of global responsible investment at the firm, a spokeswoman said in an email.
The spokeswoman also said they will not replace Ms. Turner as deputy head of global responsible investment.
Mark Steinberg, First Sentier’s chief executive officer, said in the news release that “for the past three years, Kate has played an integral role in working with our investment and responsible investment teams to support integration of ESG considerations into our investment processes, while also regularly engaging with clients and stakeholders.”
First Sentier also added Finian Power, Bjorn De Smedt, Rhys Foulkes and Belinda White to its responsible investment team, the release said.
Mr. Power’s new title is head of ESG policy and regulation, while the other three are now responsible investment specialists.
Based in Dublin, Mr. Power formerly served as head of investment management in First Sentier’s Dublin office.
Mr. De Smedt, who is based in Sydney and joined First Sentier in October, previously worked at Institutional Shareholder Services for 12 years.
The London-based Mr. Foulkes most recently served as senior credit analyst at First Sentier and will transition into his new responsible investment role “in the coming year,” the release said.
Also based in Sydney, Ms. White formerly held the role of senior communications manager at First Sentier and will move into her new responsible investment role in January.
The spokeswoman said: “Bjorn was an external hire. Belinda’s role will be filled. Rhys does not start his new role until next year, so that is to be determined.”
Mr. Steinberg added in the release that the firm’s global responsible investment team is now “well-positioned to advise on increasingly complex ESG regulations, and work with investment teams on critical issues including climate change, human rights and modern slavery, diversity and biodiversity, all with the aim of driving long-term investment performance and helping address some of society’s significant challenges,”
First Sentier had more than $134 billion in assets under management as of Sept. 30.
A spokesman for Institutional Shareholder Services said in an email that they do not comment on personnel matters.
