Wealth Manager - the site for professional investment managers

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Hermes creates global head of stewardship role

Hermes creates global head of stewardship role

Hermes Investment Management has appointed Colin Melvin to the newly created the role of global head of stewardship.

Melvin (pictured) has been promoted from the Hermes Equity Ownership Services (Hermes EOS) business where he has been chief executive since 2002.

Hermes EOS will now be led by Hans Hirt and Emma Hunt who have been named co-heads.

Reporting to Hermes chief executive Saker Nusseibeh, Melvin's new role will oversee Hermes' strategic stewardship, responsibility and client engagement programmes.

He will advise the board and senior management on the development of Hermes' stewardship capabilities.

Prior to Hermes EOS, Melvin's career has included spells at the UN and Standard Life.

'For more than 30 years we have led the development of stewardship in the investment industry,' said Nusseibeh.

'Colin Melvin has played a key role in much of this work, both directly and indirectly. His new role reflects our core objective of helping to create a more sustainable investment industry.'

Standard Life Investments similarly introduced a head of stewardship role earlier this month, with Euan Stirling taking up the position.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
1 Comment Play Citywire Scotland: how wealth managers use new tech

Citywire Scotland: how wealth managers use new tech

We caught up with a few wealth managers at our annual event in Gleneagles to find out what technological innovations they are employing across their businesses.

1 Comment Play CEO Tapes: Buxton to Gilbert - ‘my Glencore quandary’

CEO Tapes: Buxton to Gilbert - ‘my Glencore quandary’

Do not miss the first two minutes of this film as Richard Buxton shares how he has been challenged by a client for owning shares in a certain company.

Play CEO Tapes: the huge opportunities for asset managers

CEO Tapes: the huge opportunities for asset managers

From tech disruption, retirement and poaching, the CEO discuss the opportunities for their businesses in this episode.

Read More
Wealth Manager on Twitter