LGT Wealth Management has hired its first UK chief sustainability officer.

Phoebe Stone has been hired in the role after joining LGT Wealth Management in 2014 as a portfolio manager and has been head of sustainable investing since 2018.

Ben Snee, Chief Executive Officer of LGT Wealth Management, said, “Chief sustainability officers are a rarity in wealth management, with sustainability roles too often seen as a niche area of the investment function. Our creation of a Chief Sustainability Officer is part of our commitment to ensuring we are a firm that looks at our impact on the world in a much broader way, building on our reputation as early-adopters when it comes to sustainability.”

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