Howden appoints head of energy transition from KPMG
Broker Howden said it will bring in expert talent from outside the industry to help clients mitigate the risk of moving to low-carbon investments and products, as it appointed Andy Cox as head of energy transition from KPMG.
Charlie Langdale, head of climate risk and resilience at the broker, said: “Our clients are increasing their investments into the energy transition by the billions and it is crucial that we have expert talent to identify how to mitigate and manage the risk.”
CEO David Howden added: “We must attract diverse talent into our group and the wider industry as we work to accelerate the insurance market’s role in the global energy transition. Andy’s appointment represents an important step for us as we support our clients on this journey.”
Cox joins Howden from KPMG where he was partner and UK chair of energy and natural resources. In this role he was responsible for major oil and gas, and power and utilities, clients as they addressed energy transition issues. In taking up the Howden appointment, Cox will retain his existing roles as chief impact officer for the Forward Institute and non-executive director to the energy and infrastructure team at Browne Jacobson.
Howden said Cox will support practitioners as they advise clients and investors on de-risking financing in energy transition projects, as well as guiding the development of new products.
Langdale said: “Andy will be essential in the growth and expansion of our offering. Not only will he support product innovation, he will also ensure that the insurance market plays a part in the largest-ever reallocation of capital in human history. Andy’s unique expertise and perspective will be key to helping our clients realise their growth opportunities that would otherwise be unavailable.”