Magellan appoints ESG head as senior exec departs
Magellan has appointed a new head of ESG and it is understood her predecessor, Dom Giuliano, has departed the firm.
Amy Krizanovic joined the firm in August 2022 and was promoted to head of ESG in June 2023.
Prior to Magellan, Krizanovic worked at Aware Super for almost four years as manager for responsible investments that involved leading the fund’s engagement with listed companies, working closely with the equities and private equity team to integrate ESG.
She has also spent 12 years at JP Morgan and five years at Commonwealth Bank.
Giuliano, who has held the head of ESG role since March 2007, is understood to have departed the business.
As well as his ESG role, he was also deputy chief investment officer for 16 years until January 2023 when head of infrastructure, Gerald Stack, took over the role.
Last October, it was announced chief executive, David George, would take over the chief investment officer role that was formerly held by Hamish Douglass and Stack would be appointed as his deputy.
A spokesperson for Magellan declined to comment on Giuliano’s employment.
It has also appointed two new portfolio managers in Ryan Joyce and Hannah Dickinson.
Dickinson has worked at Magellan since 2016 and is also sector head of franchises and healthcare since December 2020 while Joyce has worked at Magellan since 2012 and has also worked as sector head of financials and technology since October 2022.
Magellan has been cleaning house in recent months as the firm works out a new structure following the departure of chief investment officer and chairman Douglass, who has taken on a consultancy role.
As well as Guiliano, portfolio managers Chris Wheldon and Michael Poulson have departed, head of research Vihari Ross departed and later joined Antipodes and John Sevior, founder of Magellan subsidiary Airlie Funds Management, retired earlier this year.
Frank Casarotti, general manager for distribution, is due to depart at the end of 2023 after 15 years.
AUTHOR
Laura Dew
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