PMM, The Howard de Walden Estate, Hines, BoE, L&Q, Savills, Brookfield

BrookfieldMark Carney, the former governor of the Bank of England has joined the asset manager as vice-chair and head of environment, social and governance and impact fund investing. Brookfield said Carney will help push the firm’s renewable investing efforts to combine better long-term outcomes for society with strong risk-adjusted returns. He will expand on Brookfield’s existing strengths in ESG investing with the development of a group of funds that will work to combine positive social and environmental outcomes with strong risk-adjusted returns for investors. Carney served as the governor of the Bank of England from 2013 to 2020. In addition, he served as first vice-chair of the European Systemic Risk Board and remains a member of the Group of Thirty and the foundation board of the World Economic Forum. In December 2019, he was appointed as the UN special envoy for climate action and finance and will continue in that role. Prior to his tenure as governor of the Bank of England, he served as the governor of the Bank of Canada and chairman of its board of directors. Carney was chair of the G20’s financial stability board from 2011-2018, where he oversaw the reform of the global financial system. He began his career with a leading international investment bank.

Hines – Gerald D Hines, founder and chairman of the real estate firm died on 23 August, at age 95. His son, Jeffrey C Hines, who has been running the firm as president, and now assumes the role of chairman and CEO of the $144bn Hines company. Hines founded the namesake company in Houston, Texas in 1957. 

The Howard de Walden Estate – The property estate in Marylebone, London has appointed David McArthur head of investment. Currently, with Savills, McArthur will join the business on 21 September. He will succeed Julian Best who is to become the business’s executive property director when Simon Baynham retires from that post at the end of September.

PMM GroupAziz Gani joins the specialist real estate asset manager as director of acquisitions to support with the development of the firm’s affordable housing investment strategies. Gani will support the development of PMM affordable housing investment strategies to acquire affordable housing in the UK. Aziz has over 15 years experience in housing development, having worked with several leading UK housing associations including L&Q, Swan Housing Association and One Housing. he was recently head of land and new business at Mears New Homes. He was also previously senior land and new business manager at Countryside Properties.