• Home
  • News
    • People moves
    • Africa
    • Asia
    • Australia
    • Canada
    • Caribbean
    • Domicile
    • Europe
    • Latin America
    • North America
    • Middle East
    • US
    • US
    • UK
  • Products
    • Funds
    • Pensions
    • Platforms
    • Insurance
    • Investments
    • Private Banking
    • Citizenship
    • Taxation
  • Fintech
  • Regulation
  • ESG
  • Expats
  • In Depth
  • Special Reports
  • Directory
  • Video
  • Advertise with us
  • Directory
  • Events
  • European Fund Selector
  • Newsletters
  • Follow us
    • Twitter
    • LinkedIn
    • Newsletters
  • Advertise with us
  • Directory
  • Events
    • Upcoming events
      event logo
      International Investment Nordic Forum 2021

      International Investment is delighted to announce the 2021 International Investment Nordic Forum which will take place on Tuesday March 9, at 9am (GMT). This curated virtual event will be broadcast live and will feature a series of fund manager interviews and presentations, as well as interviews with some of the Nordic regions top fund selectors.

      • Date: 09 Mar 2021
      • ONLINE, ONLINE
      event logo
      Sustainable Investment Festival 2021

      The Sustainable Investment Festival will run online from 22-25 June and will include thought-provoking presentations from renowned keynote speakers, innovative breakout events and sessions specifically tailored to meet the information needs of fund selectors, financial advisers, pension consultants, trustees and scheme managers.

      • Date: 22 Jun 2021
      • Online, Online
      View all events
  • European Fund Selector
International Investment
International Investment

Sponsored by

Sharing Alpha
  • Home
  • News
  • Products
  • Fintech
  • Regulation
  • ESG
  • Expats
  • In Depth
  • Special Reports
  • Video
  • People Moves

JP Morgan hires Chuka Umunna for senior sustainability role

JP Morgan hires Chuka Umunna for senior sustainability role
  • Pedro Gonçalves
  • @PeterHSG
  • 11 February 2021
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  

Chuka Umunna has been hired by JP Morgan to head up its environmental, social and governance (ESG) work in Europe, the Middle East and Africa.

Umunna, the former shadow business secretary and MP for Streatham who was once a frontrunner for the Labour party leadership, has joined the US bank in a newly-created role leading its ESG activities for Europe, the Middle East and Africa, according to an internal memo seen by Investment Week.

Related articles

  • JP Morgan appoints vice-chairman and deputy CEO EMEA
  • JP Morgan names chairman of investment banking France & Belgium
  • Jupiter boosts Merlin funds team, Northern Trust expands in Australia and New Zealand
  • People Moves: STM, Skipton, Columbia Threadneedle, HSBC Malta, Brewin Dolphin, Liontrust, Ossiam, Sanlam, Martin Currie, Fidante

"In this role, he will work closely with the firm's regional and global ESG stakeholders and partner with teams across all lines of business to help our clients successfully navigate the evolving ESG landscape," the memo said.

In this role, he will work closely with the firm's regional and global ESG stakeholders and partner with teams across all lines of business."

The 42-year-old, who was an employment lawyer before becoming a Labour MP in 2010, will become one of Britain's most senior black bankers.

He joins JP Morgan from PR company Edelman, where he co-led its ESG consultancy. He will be stepping down from companies including software firm Vista Equity Partners and UK fintech firm Digital Identity Net UK to assume his position at JP Morgan full-time.

The Change UK founder has over 20 years experience managing private and public sector ESG issues at a senior level, which includes eight years managing ESG factors (employee related issues) on M&A transactions as a solicitor.

JP Morgan's Middle East and Africa head Viswas Raghavan said in the memo ESG affects "everything from corporate finance strategies and investment flows to day-to-day operational decisions and capital allocation' and ‘clients are looking at how they may need to adapt their business models".

He follows a path of former politicians taking top finance roles. Sajid Javid, the former Chancellor, was hired as a senior adviser to JP Morgan in 2020 and Tony Blair was hired as a global adviser in 2008.

His appointment was first reported by the Financial Times.

This article was first pubished by Investment Week

  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  
  • Topics
  • People Moves
  • ESG
  • JP Morgan
  • Chuka Umunna
  • ESG
  • Labour
  • Europe

More on People Moves

Zurich appoints Sierra Signorelli as CEO of commercial insurance

  • People Moves
  • 05 March 2021
HSBC Asset Management appoints head of investor relations for alternatives

  • People Moves
  • 04 March 2021
BNP Paribas AM names Michael Herskovich global head of stewardship

Replaces Helena Viñes Fiestas

  • People Moves
  • 03 March 2021
HSBC appoints CEO for the Middle East region

  • People Moves
  • 03 March 2021
People moves: Phoenix Group, Franklin Templeton, TMF Group, AJ Bell, Arete, Just Group

  • People Moves
  • 02 March 2021
Back to Top

Most read

HSBC appoints CEO for the Middle East region
HSBC appoints CEO for the Middle East region
People moves: Phoenix Group, Franklin Templeton, TMF Group, AJ Bell, Arete, Just Group
People moves: Phoenix Group, Franklin Templeton, TMF Group, AJ Bell, Arete, Just Group
Nordic Fund Selector of the Year 2021 shortlist announced
Nordic Fund Selector of the Year 2021 shortlist announced
UK Budget: Sunak freezes lifetime allowance for pensions contributions
UK Budget: Sunak freezes lifetime allowance for pensions contributions
Europe's wealth mangers increasingly focusing on Bitcoin: survey
Europe's wealth mangers increasingly focusing on Bitcoin: survey
  • Contact Us
  • Marketing solutions
  • About Incisive Media
  • Terms and conditions
  • Policies
  • Careers
  • Twitter
  • LinkedIn
  • Newsletters

© Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013

Digital publisher of the year
Digital publisher of the year 2010, 2013, 2016 & 2017
Loading