PGIM affiliate active equity and fixed income manager Jennison Associates announced today the appointment of Guillaume Mascotto to the newly created role of Managing Director, Head of ESG Strategy.
In his new role, Mascotto will be responsible for guiding ESG initiatives across Jennison Associates, including research and integration of environmental stewardship, social responsibility, and corporate governance. Additionally, Mascotto will promote ESG best practices in partnership with colleagues and external industry groups, drive ESG reporting efforts, and seek to ensure a fully supported ESG system and infrastructure to meet client needs, according to the firm.
Mascotto joins Jennison from American Century Investments, where he served as Vice President, Head of ESG & Investment Stewardship, where he was responsible for leading the firm’s ESG investment research and stewardship efforts. Prior to joining American Century, he held a series of senior ESG investment, stewardship, and research positions at firms including PIMCO and MSCI.
Mascotto will report to Head of Product and Strategy, Peter Clark. Clark said:
“The new head of ESG strategy will help us address the growing importance of ESG to our clients, our employees, and all of Jennison’s stakeholders. Guillaume will bring strategic oversight, transparency, and accountability to our ESG efforts, from the role it plays in our fundamental, bottom-up analysis to new product development. We’re thrilled that Guillaume has joined the Jennison team and, with his extensive ESG experience, we view him as the right person to spearhead our ongoing efforts in this space.”