Stockholm (NordSIP) – On March 30th, BNP Paribas Asset Management (BNPP AM) announced the appointment of Kristina Ilar as Client Relationship Manager. She started on March 22nd and is based at BNPP AM’s Stockholm office where she reports to Morten Bentsen, Head of Distribution for the Nordics.
Ilar will focus on developing BNPP AM’s client base, as well as strengthening relationships with existing clients, as the asset manager continues to focus on providing sustainable investment solutions in the Nordic region.
Prior to joining BNPP AM, Ilar worked as an executive director at UBS Asset Management, heading the Stockholm-based client coverage team, with direct responsibility for institutional clients in the Nordic region. This role followed senior sales roles at Northern Trust Asset Management, Morgan Stanley Investment Management and Gartmore Investment Management, having begun her career at Skandia. She holds an MBA in International Business Management from Uppsala University.
An Exciting Start
According to Ilar, the move to BNPP AM is motivated by the asset manager’s commitment to sustainable investments. “BNPP AM is a pioneer, launching its first socially responsible investment fund in 2002, joining the Institutional Investors Group on Climate Change and becoming a PRI signatory at launch. ESG is an integral part of the investment process across all strategies, and there are a number of funds specifically supporting the 2030 Agenda for Sustainable Development.”
“Nordic investors have long been focused on sustainability and are among the leaders in this area. It has been really interesting to follow the development of sustainability within asset management, and I was impressed with the way in which BNP Paribas Asset Management began its transformation towards being a sustainable asset manager early on,” she adds.
Ilar expects the energy transition and sustainability and thematic investing as being key areas of focus. “Our Environmental Strategies Group, which manages the Energy Transition and EARTH funds, will launch a new strategy shortly investing in businesses that support the UN Decade on Ecosystem Restoration. This initiative aims to prevent, halt and reverse the degradation of ecosystems and will include reducing air, ocean and water pollution, improving flood control, finding alternatives to shipping and making farming more sustainable.”
Ilar emphasises the ability of digital solutions to overcome the challenges of the COVID-19 pandemic. “We have become very adept at digital communication during the pandemic and I expect it to become part of the new normal. However, the pandemic has also enhanced our appreciation of the benefits of meeting face-to-face rather via video link, so meeting in person will remain an important part of building professional relationships.”
“Kristina’s considerable industry experience, gained at several of the world’s largest asset management firms, will be important for the continued development of our relationships with leading regional investors as we accelerate the growth of our business. I welcome Kristina to BNP Paribas Asset Management and wish her every success in her new role,” Morten Bentsen, Head of Distribution, Nordics at BNP Paribas Asset Management, comments.
Image courtesy of Kristina Ilar