Northern Trust Asset Management has appointed Pedro Guazo as head of international and responsible investing. From August, he will be the chief executive officer of Northern Trust Global Investments Limited, subject to regulatory approvals.
Based in London, Guazo will lead the firm’s business in Europe, the Middle East, and Asia-Pacific, as well as its US$189 billion global responsible investing platform. He will be part of Northern Trust Asset Management’s global leadership team, reporting to president Daniel Gamba.
Guazo most recently was chief executive officer for the US$100-billion United Nations Joint Staff Pension Fund’s Office of Investment Management. During his five-year tenure, he transformed the fund, growing assets by nearly 60% with an extensive buildout of a private markets programme and diversifying the portfolio across several new asset classes.
The fund is recognized as a leader in responsible investing by the Responsible Asset Allocator Initiative and a founding signatory to the Principles for Responsible Investment. Guazo also served on the Investor Advisory Group for the International Sustainability Standards Board.
With 30 years of experience as an investor and business leader across large-scale global financial institutions in Europe and North America, Guazo brings deep expertise in investment management, responsible investing, corporate governance, talent development, and risk management.
Guazo holds an international executive MBA from the Instituto de Empresa Business School in Madrid and a master's in applied economics from Instituto Tecnológico y de Estudios Superiores de Monterrey.