Ninety One promotes head of South African investments to chief sustainability officer

Nazmeera Moola has been with the asset manager since 2013

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Ninety One has named Nazmeera Moola in the newly-created role of chief sustainability officer.

Moola will be responsible for Ninety One’s sustainability initiatives including investment integration, advocacy, corporate transition to net zero and efforts to mobilise dedicated funding for an inclusive net zero transition.

She has been with Ninety One since 2013 and was most recently deputy managing director and head of South African investments.

Before that she was head of macroeconomic strategy at Macquarie First South, and she began her career as an economist at Merrill Lynch in South Africa and London.

She is also a member of the South African Presidential State-Owned Enterprises Council, and a trustee of the Constitutionalism Fund.

Ninety One chief executive and founder Hendrik du Toit said: “We are committed to the goal of net zero carbon emissions by 2050 and believe that the best way to achieve this is through a fair and inclusive transition. We cannot pretend that decarbonising portfolios is the same as decarbonising the world and want to ensure that no one is left behind, including emerging markets. Finance has a vital role to play in transitioning the real economy to net zero, and the time to act is now.

“Nazmeera has been at the forefront of our firm’s initiatives in this area. In her new role, she will oversee Ninety One’s investment integration, the development of our transition frameworks, commercial opportunities, and policy engagement. Nazmeera’s depth of expertise and experience give her the ideal attributes for this key role.”

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