Wells Fargo AM CEO heads up sustainable initiatives

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Wells Fargo Asset Management CEO Nico Marais has announced that he will "personally sponsor" the firm's ESG capabilities and sustainable investing initiative, alongside a new sustainable investing taskforce. Reporting directly to Marais, Chris McKnett and Hannah Skeates are to become co-heads of sustainable investing, effective immediately, responsible for the substantive integration of sustainability into the firm's culture and application of new data and concepts across all asset classes. In a letter to Wells Fargo staff, Maris wrote: "Wells Fargo Asset Management (WFAM) has made si...