BNP Paribas Asset Management (BNPP AM) has named Michael Herskovich as global head of stewardship within its sustainability centre.

Reporting to Jane Ambachtsheer, the group’s global head of sustainability, and based in Paris, Herskovich will lead the global stewardship team, which includes Adam Kanzer and Paul Milon, respectively head of stewardship Americas and head of stewardship Asia Pacific, together with Paris-based senior corporate governance analyst, Orsolya Gal.

Previously, Herskovich has been global head of corporate governance since 2009. responsible for implementing its stewardship policy, including proxy voting, issuer engagement and corporate governance analysis. BNPP AM also said he has played a key role in the development of its global sustainability strategy, governance & voting policy, ESG ratings and SRI analysis, and has worked closely with portfolio managers on proxy voting and engagement, a collaboration that will “become even closer” in his new role.

Ambachtsheer commented: “Herskovich is a long-standing expert in the field of stewardship, with strong relationships in the industry.  He has been instrumental in the development of our ambitious approach to corporate governance and this new role reflects his expertise and ambition in terms of stewardship activity.”

He replaces Helena Viñes Fiestas, who will be leaving BNPP AM after 10 years to take up a new role as a board member of the Comisión Nacional del Mercado de Valores (CNMV), the Spanish securities market regulator in Madrid on 1 May.