Schroders global head of stewardship Jessica Ground is leaving the business after more than 20 years.
The firm announced on Wednesday that Ground (pictured), who joined Schroders as a graduate in 1997, is leaving to “take the next step in her career”.
Head of sustainable research Andy Howard has been promoted to global head of sustainable investment and will take on leadership of the sustainable investment team, reporting to global head of investment Charles Prideaux.
Ground has held several roles within Schroders’ investment division and the firm said she had been influential in the evolution of its approach to stewardship and its sustainability credentials.
“She leaves with our thanks and best wishes for the future,” a press release said.
Howard joined Schroders in 2016 and played a key role in the development of the company’s proprietary ESG toolkit which contains SustainEx, its impact measurement tool.
Prideaux said: “We recognise that our ability to deliver value to our clients hinges on developing and applying sustainability insights that will strengthen performance and meet their increasing ESG outcome requirements.
“Andy Howard’s appointment will ensure our sustainable investment strategy continues to focus on developing these insights and integrating them into our investment platform as well as into our stewardship agenda.
“We would like to thank Jessica Ground for all her hard work and dedication to Schroders and wish her the very best in the future.”