Australian Ethical appoints CIO

Australian Ethical has announced the appointment of Ludovic Theau as its new chief investment officer (CIO), effective 3 April, while the company extended its ethic research leadership.

Following this, the firm’s head of asset allocation, John Woods, has been promoted to the role of deputy CIO and head of multi assets. At the same time, the company announced that Alison George would commence in the new role of head of impact and ethics, effective 1 May, while head of ethics research, Stuart Palmer, would step into the role of ethical futures lead.

Theau, who has more than 30 years of investment management and investment banking experience across Europe and Australia, joined from Clean Energy Finance Corporation where he, most recently, served as CIO. He also held a number of roles at Hastings, Westpac, ABN Amro, Macquarie, UBS and PNB Paribas.

In the announcement made to the Australian Securities Exchange (ASX), Australian Ethical’s managing director, John McMurdo, said that this appointment was key for the next phase of growth for the company.

“Australian Ethical’s significant leadership and global reputation, enables it to attract and retain domestic and international talent of the highest calibre,” he said.

“The appointments of Ludo, John and Alison reinforce this position, and further enhance our leadership in ethical investing not only in Australia, but globally.”