Wells Fargo AM CEO heads up sustainable initiatives

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...