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Australian Ethical nabs new CIO from CEFC

By Reporter
3 minute read

The ethical investment manager has announced multiple senior appointments.

Australian Ethical has named Ludovic Theau as its new chief investment officer (CIO), alongside the appointment of a new head of impacts and ethics and a promotion to deputy CIO and head of multi assets.

Mr Theau was formerly CIO of the Clean Energy Finance Corporation (CEFC) and has over 30 years of investment management and investment banking experience across global organisations including Hastings, Westpac, ABN Amro, Macquarie, UBS, and BNP Paribas. 

The ethical investment manager said that Mr Theau’s extensive international experience and depth of knowledge in responsible investing made him a perfect fit for its next phase of growth.


Additionally, the current head of asset allocation at Australian Ethical, John Woods, has been promoted to the role of deputy CIO and head of multi assets. 

Mr Woods has 17 years of investment experience across asset allocation. Before joining Australian Ethical in 2021, he held senior investment, strategy, and portfolio management roles at CLSA, Macquarie Group, and IBM.

Alison George has been appointed to the new role of head of impact and ethics, where she will lead the investment manager’s ethics research team while also being accountable for the ongoing development of its impact framework and delivery. 

Ms George has more than 25 years of experience across impact investing, ESG, sustainability and accounting services and previously held senior investment and leadership roles at Regnan, Monash Sustainability Enterprises, Essential Services Commission, and EY.   

Finally, head of ethics research, Dr Stuart Palmer, will move into the role of ethical futures lead, where he will be tasked with focusing on bespoke dedicated areas of research and analysis relating to the ethical investing landscape.

“Australian Ethical’s significant leadership and global reputation, enables it to attract and retain domestic and international candidates of the highest calibre,” commented Australian Ethical managing director John McMurdo.

“The appointments of Ludo, John, and Alison reinforce this position, and further enhance our leadership in ethical investing not only in Australia, but globally.”

Mr Theau’s appointment is effective as of 3 April, while Ms George’s appointment is effective as of 1 May.