BNP Paribas Asset Management (BNPP AM) announced today the appointment of Michael Herskovich as Global Head of Stewardship within its Sustainability Centre, replacing Helena Viñes Fiestas, who will be leaving BNPP AM for a new role at Spanish securities market regulator Comisión Nacional del Mercado de Valores. Herskovich will lead BNPP AM’s Global Stewardship team, and will report to Jane Ambachtsheer, BNPP AM’s Global Head of Sustainability.

Herskovich has been at BNPP AM for over 12 years, most recently serving as Global Head of Corporate Governance. In that role, he was responsible for the implementation of BNPP AM’s stewardship policy, which includes voting, engagement and corporate governance analysis, contributed to the development and implementation of the Global Sustainable Policy and was a key driver for the firm’s ESG research and integration.

Ambachtsheer said:

“Michael is a long-standing expert in the field of stewardship, with strong relationships in the industry.  He has been instrumental in the development of our ambitious approach to corporate governance and this new role reflects his expertise and ambition in terms of stewardship activity.

“I would like to take this opportunity to congratulate Helena on her appointment to the CNMV and wish her every success in her new role.  Her appointment is great testimony to the significant contribution she has made to responsible investment and sustainable finance during the past 10 years.”