Ortec Finance, a leading provider of technology and risk management solutions for financial institutions, has appointed Koen de Reus as the new Head of Client Servicing in its Climate & ESG Solutions team.
As Head of Client Servicing, Koen will lead a team of climate risk professionals to advise a wide range of financial institutions on integrating climate strategy within their investment decision-making processes. He will oversee the team to effectively help clients measure, manage, and monitor their investment portfolio’s climate risk exposure by evaluating worldwide macroeconomic, asset class, and sector impacts under different futures, using quantitative and qualitative insights from Ortec Finance’s climate scenario analysis solution.
Since joining Ortec Finance in 2014, Koen has been a key adviser to some of the largest pension fund schemes in the UK, on stochastic scenario analyses for Asset Liability Management (ALM), Strategic Asset Allocation (SAA), and risk management. In response to the growing concerns around climate risk over the recent years, he has played an integral role in the innovation and release of Ortec Finance’s integrated economic and climate scenarios, to support investors’ needs to combine climate risk analysis results with traditional risk analysis outcomes.
Commenting on his appointment, Koen said: “As the impact of climate-related physical risks and extreme weather events reach the doorsteps of some of the major [institutional] investing nations, there is inevitably growing concern and heightened focus on how these events will impact asset classes and investment decision making over the short and long-term. We are deeply committed to developing and delivering solutions to support our clients in making informed portfolio allocation decisions, whether that is to mitigate immediate transition risks or longer-term physical risks as a result of rising temperatures and the potential breaching of climate tipping points. I am thrilled and honored to contribute to helping institutions address the unique challenges of systemic climate risk.”
Maurits van Joolingen, Managing Director of Climate & ESG Solutions added: “I am delighted to welcome Koen into his new role. His extensive experience in working closely with prominent pension schemes in the UK to address a diverse range of their risk management needs is invaluable to our efforts in delivering a seamless and integrated approach to managing climate risks alongside all of the other complex challenges within the evolving landscape financial institutions are operating in today.”