Jacquelyn S. VanderBrug joined Putnam Investments as Head of Sustainability Strategy, a newly created role.
Ms VanderBrug will report to Robert L. Reynoldspresident and chief executive officer of Putnam, and she will also join the company’s operating committee, according to a Wednesday press release.
She will be based in Boston, according to an email from a Putnam spokesperson.
In her role, Ms. VanderBrug will “lead a host of key ESG-focused business functions, such as stewardship, engagement and partnerships, and ESG strategy and integration” and she will also “work closely with a range of internal partners, including Katherine Collins, Head of Sustainable Investing, and Catherine Saunders, Head of Corporate Sustainability,” the statement added.
Ms. VanderBrug was previously at Bank of America, where she served as Head of Sustainable and Impact Investing Strategy.
Putnam Investments had $176 billion in assets under management as of July 31. Putnam’s spokesperson added that the company “currently manages approximately $7 billion in dedicated sustainable investment strategies.”
A Bank of America spokeswoman said via email that “Anna SniderHead of Due Diligence for Merrill and Bank of America Private Bank and a leading ESG expert, continues to drive and direct our ESG strategy.