ICGN Global Stewardship Committee
ICGN Global Stewardship Committee focuses on fiduciary duties, shareholder rights, shareholder meetings, company monitoring, voting engagement and investment mandates.
Canadian Coalition for Good Governance
Catherine McCall is the Executive Director of the Canadian Coalition for Good Governance. Representing Canada’s leading institutional investors, which collectively manage assets of approximately CAD $5 trillion, the Coalition’s mandate is to improve corporate governance, including as it relates to environmental and social matters, at Canadian public companies and to assist institutional investors in meeting their stewardship responsibilities. CCGG also engages in policy development and works toward the enhancement of the regulatory environment to best align the interests of boards and management with those of their investors. As Executive Director, Catherine is responsible, together with the Board of Directors, for setting the strategy of the organization, leading policy development and participating in CCGG’s board engagement program. She is a member of the Ontario Securities Commission’s Continuous Disclosure Advisory Committee.
Mr. Cunha is an independent Director, having served on boards of listed companies since 1999. He is presently serving on the boards of Embraer (Audit Committee), Klabin, Hypera Pharma, and AES Brasil (Sustainability Committee). Previous engagements include, among others, services as Chairman of the Board of Caixa Economica Federal (2019-2020), the largest Brazilian bank in number of clients, being the first independent Director elected by investors as Petrobras (2013-205), Director of Vale (2021-2023, Chair of the Remuneration Committee, Member of the Sustainability Committee), and Totvs (2016-2022), the largest IT company in Brazil. He has served on the board of 4 NYSE-listed companies and as Chairman of the Board of IBGC (2007-2009).
Mr. Cunha was the CEO of the Capital Markets Investors Association (AMEC), leading an organization of 60 institutional investors with approximately USD$150 billion under management in Brazilian equities, aiming to improve capital markets and shareholder rights. In 2017, AMEC received the ICGN Excellence in Corporate Governance Award. He worked for 18 years in several asset management companies, such as Opus, Mauá, Bradesco Templeton, and Morgan Stanley Asset Management, among others.
Mr. Cunha holds an MBA from Chicago Booth, a BA Economics from PUC-RIO. He has been a CFA since 1997, certified by the NACD, IBGC, Apimec, and Anbima. He is fluent in Portugese, English, and French, and conversant in Spanish and German.
Manulife Investment Management
Pete is part of the ESG Team at Manulife Investment Management where his responsibilities include shepherding proxy voting policy and procedure, stewardship thought leadership, and sustainability reporting. Pete collaborates with investment professionals on proxy voting and engagement decisions, manages the proxy voting vendor relationship, drafts responses to regulatory and standard setter consultations, and develops content for PRI reporting and Manulife Investment Management’s separate stewardship and sustainable investment reports. Prior to his work at Manulife Investment Management, Pete was on the Proxy Voting Team at Fidelity Investments where he reviewed and executed voting decisions, engaged with issuers and developed voting policy.
Edouard Dubois is the Head of Proxy Voting within the ESG Research, Engagement and Voting team of Amundi, based in Paris. Prior to joining Amundi, Edouard had been advising issuers and investors on their engagement practices since 2019, first as a partner in the consulting firm SquareWell Partners, and then as Head of Stewardship and Engagement at ISS ESG. Previous to this, Edouard was with BlackRock first in San Francisco in 2013, then in 2014 he moved to London where he was in charge of voting and engagement for various European markets. Edouard began his career in France where he worked as a corporate governance analyst at ISS and then at BNP Paribas Asset Management.
Edouard Dubois studied Law at Université Panthéon-Assas Paris II and Kyushu University (Japan).
Steve has practiced corporate and securities law throughout his career at major law firms in New York and Toronto and since 1999 has been a partner at Fasken, an international law firm with over 800 lawyers. He co-founded Fasken’s ESG & Sustainability group and spends substantial time on ESG matters. Steve has advised management, boards of directors and shareholders of public and private companies in various industries as well as investment dealers, commercial banks, insurance companies, private equity firms and managers of mutual funds, pension funds and hedge funds. He was the Executive Director of the Canadian Coalition for Good Governance from 2011-2018, and since 2021 he has been Chair, ESG at Middlefield Limited, a Canadian asset manager.
Steve has spoken and written widely, and been extensively interviewed by TV, radio, and newspapers on many corporate, securities, and ESG topics. His report “Making it Mutual: Aligning the Interests of Investors and Managers – Recommendations for a Mutual Fund Governance Regime for Canada” was referred to by the press as a “landmark report on fund governance” and utilized by the Canadian Securities Administrators in establishing a fund governance regime for Canada. Global Proxy Watch named Steve one of the “10 people around the world who have had the most impact on corporate governance” in 2016.
Steve is a Director of Canada’s Responsible Investment Association (RIA), a Director and former President of the Harvard Business School Club of Toronto, a member of ICGN’s Global Stewardship Committee and was a member of ICGN’s Shareholder Rights Committee as well as the inaugural co-chair of ICGN’s Global Network of Investor Associations.
Steve has law degrees from University of Toronto and New York University, an M.B.A. from Harvard University, the RIA’s Responsible Investment Professional Certification and the certificate in Sustainable Capitalism & ESG from UC Berkeley Law.
Caroline is Senior Investment Manager at RPMI, the in-house investment manager for the Railways Pension Scheme. She leads Railpen’s stewardship and corporate governance work across the £32bn global portfolio.
She was previously in charge of the investment, stewardship and collective engagement programme at the Pensions and Lifetime Savings Association (PLSA). Prior to this, she was Head of Public Policy at the UK Sustainable Investment and Finance Association (UKSIF).
She is also a Trustee Director at the Standard Life Master Trust pension scheme, winner of Investment Week’s “Investment Woman of the Year 2019” award and was one of Financial News’ 2020 “Top 25 Rising Stars of Asset Management in Europe”. She is also Vice-Chair of NextGen, an industry organisation which seeks to promote greater cognitive diversity in the pensions and investment industry.
She has a Master’s degree (with Distinction) in International Political Economy from the London School of Economics, where she graduated top of her year, and holds the Investment Management Certificate (IMC).
Steven Friel, CEO of Woodsford, is a leader in the law and business of ESG, and one of the most well-established litigation finance professionals in the international market. He is particularly expert in helping to organise large groups of shareholders, bondholders and other stakeholders in the face of catastrophic breakdowns in ESG at publicly listed companies. Steven has been the driving force behind Woodsford’s evolution into the leading funder of ESG-related shareholder engagements globally; in particular in the UK, Australia, continental Europe, Japan and Canada. Steven has repeatedly been ranked by independent directories as a leader in the field. Before joining Woodsford, Steven was a partner in the London office of international law firm Brown Rudnick.
Steven is a graduate of Cambridge University, and graduated top of his class with a Master of Laws degree in International Dispute Resolution from the University of London. Steven was listed as one of the ‘PwC – Top 10 Inspirational leaders 2020’ by the British LGBT Awards. He has been recognised as an LGBT Great role model by the main global membership organisation specialist in developing LGBT+ diversity and inclusion within the investment and savings industry.
Kessler Topaz Meltzer & Check
Bram Hendriks is specialized in corporate governance and global shareholder litigation. He was the co-chair of ICGN’s Shareholder Rights Committee from 2011-2021 and has substantial experience with developments in the area of shareholder rights and shareholder stewardship globally. Mr. Hendriks currently works as European client relations manager for the law firm Kessler Topaz Meltzer & Check LLP. In this capacity he advises European institutional investors about U.S. class action litigation as well as securities litigation in Europe and Asia. Before joining the law firm Kessler Topaz Meltzer & Check he worked as corporate governance specialist for APG Asset Management and NN Investment Partners.
Old Mutual Investment Group
Robert joined the Old Mutual Investment Group Responsible Investment team in October 2014, as a Governance and Engagement Manager. He is responsible for proxy voting and engagement, representing Old Mutual Investment Group on various industry bodies and championing responsible investment for the OM group. Robert’s legal and corporate governance background enables him to bring his knowledge of law and negotiation skills to the fore in promoting clients’ interests. Prior to joining the Responsible Investment team, he was a legal advisor at Old Mutual Investment Group for seven years. Robert has fourteen years of work experience in the legal profession and asset management industry. He is a member of the Board of Governors of the ICGN. He holds a BBusSci LLB (UCT) and is an Attorney of the High Court.
Roger provides expertise and problem solving around Environmental, Social and Governance across £1.7bn investor Downing LLP. Areas of focus are designing and implementing strategy & governance, integrating ESG to investment and engagement activity, driving advocacy through involvement with various industry associations and policymakers, and defining solutions to meet the future liabilities that clients are saving for today. Roger previously worked as Head of ESG at £45.7bn investment manager & consultant River and Mercantile. Responsibilities included aligning ESG strategy to investment and client teams, stewardship to achieve real-world outcomes and providing specialist climate and carbon expertise. This was across active equities, multi-asset and infrastructure investment functions, and in fiduciary solutions to clients. Prior to this, Roger held an ESG role at the £47.3bn Aviva Investors Real Assets platform, which invests in property, infrastructure and private debt.
Roger holds the CFA Certificate in Climate and Investing and the CFA Diploma in Investment Management (ESG), has completed the UN Principles of Responsible Investment programme, and has passed Level 1 of the Chartered Financial Analyst programme. Roger is a passionate advocate for achieving 2°C of climate change above pre-industrial levels.
Mr. Chirag Mehta is currently the Chief Investment Officer at Quantum Asset Management Company, a wholly owned subsidiary of Quantum Advisors. He has two decades of experience specializing in alternative investment strategies. He currently manages the Quantum India ESG Equity Fund, a very first ever Indian ESG fund that was built on a proprietary ESG framework. Chirag has been formerly ranked as the 4th best performing Fund Manager in the world under the age of 40 by Citywire in 2017. Chirag spearheads Quantum’s efforts in the world of responsible investment and extensively engages with the Government, policymakers and companies to further sustainable finance in Indian markets.
Chirag is currently part of a government led task force to contribute on enhancing over all Sustainable Finance in India. He is also a member of the advisory board of Workforce Disclosure Initiative, part of the Share action group and an active member of CDP India – Sustainable Finance working group. He is also a member of Green Finance Leadership Initiative and the India SIF. He is also an active voting member of The Lab that identifies, develops, and launches innovative finance solutions that can drive billions in private investment to action on climate change.
Alberta Investment Management Corporation
Ashton Rudanec is Director, Sustainable Investing at Alberta Investment Management Corporation (AIMCo). Ashton is a proud alumna of the Alberta School of Business MBA and BCom programs. After getting her start in marketing with local non-profit organisations, she worked as a consultant delivering marketing and communications solutions to a diverse portfolio of clients. From 2012-2015, Ashton worked for the Alberta Cancer Foundation as a Communications & Marketing Associate and was responsible for the growth of the Foundation’s social media presence into an award-winning program. Upon graduating from the MBA program, Ashton worked as Director, Recruitment, Admissions and Marketing with the Alberta School of Business where she promoted master’s degree programs to prospective students worldwide. Ashton joined AIMCo in 2017 as a Responsible Investment Analyst and completed a secondment as Acting Manager, Employee Engagement. She then served as Manager, Corporate Services and Senior Manager, ESG Stewardship & Reporting before moving into her current role.
An active volunteer, Ashton is President of the University of Alberta Alumni Association, Fundraising Committee Co-Chair for the AIMCo Foundation for Financial Education, and a Board Director with the Civida Housing Foundation.
Nomura Asset Management
Fuyumi is currently a Senior ESG Specialist as part of Nomura Asset Management (NAM)’s Responsible Investment Department based in Tokyo, Japan, where she handles proxy voting, engagement with Japanese and foreign companies, and ESG initiatives. NAM is a leader in responsible investment across Japan and Asia with a history of over 20 years in this area. Prior to joining NAM, she worked for STOXX, a European index provider where she led and expanded their Japan business. Before moving back to Japan in 2018, Fuyumi worked in Hong Kong for Novus Aviation Capital a multinational aircraft leasing firm headquartered in Dubai. She started her career as a financial journalist at Nikkei covering multiple sectors and equity markets. Fuyumi also represented Nikkei in Hong Kong for several years as an economic news reporter covering Greater China.
She is a member of PRI Japan Advisory Committee. She holds a Bachelor of Human Life and Environmental Science from Ochanomizu University in Japan.
S&P Dow Jones Indices
Megumi Terayama has studied Responsible Investment, especially focusing on shareholder stewardship and corporate governance as a Managing Director of the Institute of Social System Research, Nikko Research Center, Inc. She also supports Japanese corporations for investor-oriented ESG related disclosure including integrated reporting. She has more than five years experience as a Senior Consultant at Mercer Japan, where she was a member of the Responsible Investment global team. Previously, Megumi worked in the corporate risk management consultancy services at KPMG Business Assurance, focused on internal control and corporate governance issues.
She holds a bachelor’s degree in economics from Kyoto University and a master’s degree in public affairs from School of Public and Environmental Affairs, Indiana University.
Elliott Advisors (UK) Limited
David is the Engagement Director of Elliott Advisors (UK) Limited, having joined them in 2022 to work with them on all aspects of shareholder engagement and stewardship. Prior to Elliott, he has had a long career in investment banking, communications and activist investing, most recently working as an independent consultant in the fields of corporate governance and shareholder engagement. He is also a Non-Executive Director of Integrum ESG Ltd. David served two terms as a Member of Council at the Institute of Directors (IoD), also sitting on the Audit and Risk Committee. On stepping down from that role, David was invited to join the Advisory Board of the IoD’s Centre for Corporate Governance. He had previously spent 25 years in investment banking – mostly at Morgan Stanley – where he held various senior posts in equity sales, capital markets and investment banking in Europe, North America and Asia. Latterly at Morgan Stanley he was a London-based Managing Director in Equity Capital Markets and Head of Corporate Broking