Investment manager Cohen & Steers has hired Khalid Husain as senior vice-president and head of ESG.
In this newly created role, Husain will be responsible for the firm’s environmental, social and governance (ESG) investment framework and integration process.
Go deeper with GlobalData
He will chair of the Cohen & Steers ESG Steering Committee.
Husain will be responsible to accelerate the investment teams’ current ESG process, support strategy development and help guide Cohen & Steers’ commitment to responsible corporate practices.
He will report to Cohen & Steers senior vice president and chief administrative officer of investments Chris Parliman.
Commenting on the appointment, Cohen & Steers chief investment officer Jon Cheigh said: “We believe companies that integrate ESG considerations into their strategic plans and operations can enhance long-term shareholder value while mitigating potential risks.
“The size and experience of our investment teams, together with our engagement with companies allows us to assess material ESG considerations beyond the scope of third-party research firms. Khalid brings the right skills, experience and perspective to build on this strong foundation.”
Husain has over 22 years of ESG and sustainable investment experience.
He joins Cohen & Steers from Moody’s Investor Services, where he was responsible for the firm’s strategies for integrating ESG data and metrics into credit analysis and research.
Before joining Moody’s, Husain worked as senior director of ESG at TIAA and its asset management unit Nuveen.
He previously also served as a climate and energy officer at the United Nations.
Cohen & Steers president Joseph Harvey commented: “We are committed to the continuous development of our firm’s ESG and sustainability practices.
“In addition to his role on the investment team, Khalid will guide our firm’s corporate ESG practices and influence strategy development. We are pleased to have someone of Khalid’s expertise join Cohen & Steers to further expand these important capabilities.”
Last December, Cohen & Steers appointed Greg Bottjer as executive vice president and head of global product strategy and development.
