People Moves

LGT Appoints New Global Stewardship Lead

Editorial Staff 30 November 2023

LGT Appoints New Global Stewardship Lead

The UK wealth management firm continues to push its sustainability credentials.

LGT Wealth Management, the UK firm that is part of Liechtenstein’s LGT, has appointed Siobhan Archer (pictured) as global stewardship lead. 

In this new role, Archer will lead LGT’s global stewardship initiatives, driving the company’s strategy and implementing voting, engagement activities and policy advocacy. She will work with LGT Group’s management teams across the UK, EMEA and APAC to add more strength to their stewardship capabilities, as part of the company’s net zero 2030 strategy, the firm said in a statement yesterday.

Reporting to Phoebe Stone, head of sustainable investing, Archer will provide strategic input on the company’s net zero, biodiversity and human rights work and act as the primary point of contact on collaborative engagements and external working groups.

“Having led the implementation of the stewardship strategy in the UK for the last two years, Siobhan brings a wealth of experience and will excel in this role. She has worked closely with our equity research teams to expand voting to all directly held equities, voting on over 3,000 proposals, and engaging both individually and collaboratively through global initiatives,” Stone said.

This news comes amid several key developments in the stewardship space, including LGT joining Nature Action 100, a collaborative biodiversity initiative which will see investors demand greater transparency on companies’ impacts and dependencies on nature, and becoming a supporter to the Global Investor Commission on Mining 2030  – announced last week. 

“Sustainability is fundamental to our corporate philosophy and Siobhan’s experience and knowledge will be a valuable asset as we look to drive positive change through our stewardship activities,” Ben Snee, CEO at LGT wealth management, said.

Archer brings extensive experience and a strong track record in stewardship and sustainable investing. She has worked in LGT’s Sustainable Investing team since 2021 as a sustainable investment specialist. Previously, she worked for the Principles for Responsible Investment (UN PRI) and at Arabesque Asset Management in ESG research and advisory. 

This news service has interviewed Snee about LGT Wealth Management’s overall strategy.

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes