Plenum appoints sustainable investments specialist Rickert to board

Plenum Investments, the Zurich based specialist catastrophe bond and insurance-linked securities (ILS) investment manager, has announced the appointment of Dr. Andreas Rickert as a new member of its Board of Directors.

Plenum Investments has been one of the ILS fund managers at the forefront of integrating sustainable investment approaches and environmental, social and governance (ESG) criteria into its funds and investment processes.

Dr Rickert is the founder of Phineo gAG, a think tank, con­sul­tan­cy and social organ­i­sa­tion which specialises in non-profit analysis and consulting.

He is considered an expert in sustainable capital investments and has a track-record as a successful entrepreneur in the fields of philanthropy and impact investing.

Committed to ensuring that financial resources are used effectively and successfully for positive changes, Rickert also previously worked for McKinsey, the Bertelsmann Foundation and the World Bank, among others.

Rickert is also Co-CEO of Nixdorf Kapital AG, a specialist ESG investment operation, as well as a business angel in the startup and impact investing world.

Dr Rainer Grünig, CEO of Plenum Investments Ltd. commented, “I am convinced that together with Dr. Andreas Rickert, we can expand our ESG pioneer status in the CAT bond business to include the topic of social impact, which will unleash crucial innovation potential.”

Dr Rickert stated, “I look forward to making a significant contribution to the further development of Plenum Investments Ltd. in the future in the area of ​​impact investing.

“I am convinced that the natural catastrophe business is another key building block that not only helps to manage the effects of climate change, but also those of earthquakes.”

Rickert added, “Institutional investors have a great need when it comes to investing in investments with a high social impact quality.

“New product concepts and a best practice standard geared towards social impact are intended to remedy this. By insuring against natural catastrophe risks and by providing the necessary cover capacities, we all assume great and, above all, global social responsibility.”