RPMI Railpen has appointed Leo George as head of sustainable ownership.
George replace Deborah Gilshan who leaves at the end of this month to join Standard Life Investments as governance and stewardship director.
He will take over leadership of the team responsible for integrating sustainable ownership across the £25bn scheme’s public and private market investments.
George has spent more than 15 years in the industry, the last eight with Railpen where he was responsible for asset allocation of the scheme’s pooled funds, thematic investment research and setting the investment strategy.
Prior to joining Railpen he was an investment adviser to institutional pension funds.
Part of George’s initial remit will be to recruit a senior governance professional to work alongside Jamie Rosser, investment analyst in the sustainable ownership team.
RPMI Railpen investment director Ciarán Barr said: “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 Leo as we continue to place sustainable ownership considerations at the heart of our investment decision making.”
George added: “I am delighted to have the opportunity to continue Railpen’s work in this area. Sustainable ownership remains an integral part of Railpen’s investment approach to achieve the trustee’s mission to pay pensions securely, affordably and sustainably.”
Earlier this week RPMI announced the appointment of Matthew Howard as head of property asset management.
And last month the scheme made a series of changes to its executive team, including the promotion of Julian Cripps to managing director of its investment business and executive director.