T. Rowe Price appoints ESG head

ESG T.Rowe Price

23 May 2022
| By Liam Cormican |
image
image
expand image

T. Rowe Price has appointed Poppy Allonby as head of ESG enablement, effective from 6 June.

Allonby was an investment and environmental, social, and governance (ESG) leader with 20 years of asset management industry experience.

She would join the ESG leadership committee and help execute the firm’s ESG strategy, driving cross-functional consistency and coordination of the strategy.

Allonby would be based in London and report to Eric Veiel, head of global equity and member of the management committee with oversight responsibility for the firm’s ESG investing, corporate, and operational activities.

Allonby was most recently head of global product, Europe, Middle East and Asia and Asia-Pacific, for BlackRock, where she was instrumental in developing and delivering the sustainable product strategy for its active investment business.

She was also responsible for product strategy, product development and structuring, and ongoing investment oversight for more than 1,000 funds with US$970 billion in assets under management across all asset classes.

Veiel said: “Poppy’s investing, strategy, and global leadership experience, as well as her broad sustainability and climate change expertise, will be invaluable as we advance our ESG strategy and deliver an integrated ESG vision for the firm.

“As we embed sustainability principles throughout our business, we look forward to benefiting from the perspective and innovative approach she will bring to the ongoing buildout of our operational ESG capabilities.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

1 month 3 weeks ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

2 months ago

Interesting. Would be good to know the details of the StrategyOne deal....

2 months ago

SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positiv...

2 weeks 2 days ago

Original bidder Bain Capital, which saw its first offer rejected in December, has returned with a revised bid for Insignia Financial....

1 week 2 days ago

The FAAA has secured CSLR-related documents under the FOI process, after an extended four-month wait, which show little analysis was done on how the scheme’s cost would a...

1 week ago

TOP PERFORMING FUNDS