Majedie Asset Management has appointed Cindy Rose to the newly created role of head of responsible capitalism.
Joining from Aberdeen Standard Investments where she was head of environmental, social and governance (ESG), Rose is expected to start working at Majedie at the end of August this year.
Rose will be responsible for developing the asset manager’s “commitment to responsible capitalism”.
According to Majedie, its investment team considers ESG issues as an integrated part of the firm’s fundamental investment process.
“ESG issues have financial implications; they do not exist in a vacuum,” said Majedie’s chief executive Rob Harris.
The London-based firm currently has around £12.5 billion (€14.6 billion) in assets under management.
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