The ETF manager has created the new position to drive its sustainable investment initiatives.
BetaShares has appointed Suncorp executive Greg Liddell to the newly created role of director of responsible investments.
In the new position, BetaShares said Mr Liddell would be responsible for driving its sustainable investment initiatives which will include investment stewardship, engagement, product development, investor education and thought leadership.
Mr Liddell previously held a number of senior sustainability positions during his tenure at Suncorp, most recently as executive manager for investment sustainability, where he also developed and implemented the firm’s first responsible investment policy.
He has previously held roles at the Centre for International Financial Research, the Investor Group on Climate Change, Russell Investments and QIC.
BetaShares CEO Alex Vynokur said the company was delighted to welcome Mr Liddell.
“Greg is a well-regarded and deeply experienced financial services executive and joins us at an exciting time for the business,” he said.
“Responsible investing is an area of significant importance for us, and Greg’s expertise will allow us to continue to consolidate our leadership position as well as extend our involvement in the area.”
BetaShares said it had continued to see strong demand for its ethical investment ETFs and noted that the funds under management for Australian ethical ETFs had more than doubled to $5.7 billion since the start of this year.
“I’m excited to join BetaShares at such an important time for responsible investment,” said Mr Liddell.
“BetaShares has established itself as the market leader as more and more investors show a preference for investments that are consistent with the principles of sustainability. I’m looking forward to putting my experience and skills to work in serving BetaShares’ clients.”
Jon Bragg is a journalist for Momentum Media's Investor Daily, nestegg and ifa. He enjoys writing about a wide variety of financial topics and issues and exploring the many implications they have on all aspects of life.
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