People Moves

ThomasLloyd Appoints New CIO

Editorial Staff 21 April 2023

ThomasLloyd Appoints New CIO

Zurich-based ThomasLloyd, an independent impact investment solutions provider, advisor and asset manager, believes that the new senior hire's appointment is a strategically important move for the firm.

Thomas Lloyd, the impact investment solutions business, has appointed Nadir Maruf as chief investment officer to drive the firm’s expansion, starting immediately.

Maruf joins ThomasLloyd’s executive management team, reporting to Michael Sieg, the group chief executive officer, the firm said in a statement. He is responsible for developing and executing the group’s investment strategy, helping to drive the firm’s expansion as an impact investor in sustainable energy infrastructure projects across Asia, drawing on more than 25 years’ experience in alternative investments.

Sieg said: “Nadir not only brings a formidable background in asset management and infrastructure, while also having extensive experience of working across ThomasLloyd’s key target markets in the Asia-Pacific region.”

“His leading role in the strategic implementation of the net zero pathway for private assets and obligations, as well as his participation in World Bank initiatives and development of responsible investment policies and frameworks have offered him unique exposure and insights into international sustainable climate policy practices,” he continued. “Nadir’s appointment is strategically important for ThomasLloyd and is proof of our ongoing commitment to bringing groundbreaking sustainable investment strategies to the institutional investment arena,” he said.

Prior to joining ThomasLloyd, Maruf was head of private markets at Tesco Pension Investment, where he was responsible for the private markets business and underlying portfolios, including overseeing all direct and indirect unlisted strategies. During his tenure there, he was involved in the strategy and implementation of a net zero pathway for private assets and obligations under the Task Force on Climate-Related Financial Disclosures and Stewardship Code, the firm said.

Prior to this, he was based in Singapore as the CIO of alternatives and head of direct infrastructure at Eastspring Investments, Prudential Corporation’s asset management business in Asia. His primary role included responsibility for direct infrastructure in Asia Pacific, global private equity, and direct special situations debt. He also oversaw the firm’s investment in the IFC MCPP Program, participation in DFI/World Bank initiatives, and the development of Eastspring’s responsible investment policy and initial carbon reporting framework.

Previous senior asset management and infrastructure posts in Asia and Europe held by Maruf included managing director, head of alternatives and real assets and head of infrastructure Asia Pacific for Deutsche Asset Management in Singapore. He was also a founding partner of Daestrum Capital.

Founded in 2003, ThomasLloyd is an independent impact investment solutions provider, advisor and asset manager. Based in Zurich, the company has a global presence with offices across Europe, Asia and North America.

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