People Moves

Lombard Odier IM hires carbon strategist

Ruben Lubowski joins in a new role as chief carbon and environmental markets strategist

Lombard Odier Investment Managers has hired Ruben Lubowski for a newly created role as chief carbon and environmental markets strategist. He will be responsible for developing carbon and nature-based solutions products, including working on Lombard Odier’s first carbon strategy for private markets set to launch this year.

Lubowski is based in New York and has previously held roles as chief natural resource economist and associate vice-president for climate and forests at the Environmental Defense Fund in New York. He also co-founded and serves as special adviser to the Emergent Forest Finance Accelerator, which manages and provides the platform for the LEAF Coalition, a public-private initiative that mobilized $1bn to protect tropical forests last year. He has advised governments and stakeholders around the world on carbon markets design and has testified to the US Senate on the role of forest and agriculture offsets. He also serves as Adjunct Professor at Columbia University, specializing in carbon pricing and economic analysis of environmental policies. He has previously held professorship and economist roles in related fields at New York University, Harvard University and the US Department of Agriculture.

He reports to Lorenzo Bernasconi, head of climate and environmental solutions, who said: “Ruben brings a wealth of knowledge and expertise that will be invaluable to the growth of the firm’s carbon and nature-based investment offering. The carbon markets are growing and evolving rapidly, driven by the wave of both government and corporate commitments to address climate change.”

Loomis Sayles hires ESG leader

Colleen Denzler was most recently at Smith Capital Investors

Loomis Sayles has hired industry veteran Colleen Denzler to lead its ESG efforts, the Boston-based firm announced today.

Denzler, who has been in the industry for 35 years, previously worked at Calvert Asset Management, Janus Henderson, American Century Investments, First Affirmative Financial Network and most recently Smith Capital Investors, where she led the company’s ESG integration work. At Loomis Sayles, she fills a role that was last held by Kathleen Bochman, who left last year to become managing director of research for ESG at Fidelity Investments.

Denzler reports to Loomis Sayles chief investment officer David Waldman and has responsibility to “advance the firm’s already well-established ESG initiatives, support sustainability efforts as part of Loomis Sayles’ own governance, ensure investment teams have access to ESG data and research and help to provide solutions for [its] clients’ increasing ESG needs,” the company said in the announcement.

“Good governance and sustainable business practices are inherent factors in our decision-making as long-term investors who seek to deliver superior long-term, risk-adjusted returns to our clients,” Waldman said in the announcement. “Colleen’s extensive background will be an asset as we strive to leverage ESG insights and data in our investment processes and to design products consistent with clients’ ESG objectives.”

Denzler is a member of ESG Clarity’s US advisory committee.