ESG-focused financial technology company Arabesque AI has appointed Dr. Carolina Minio Paluello as its new chief executive officer.
In her new role, Dr. Minio Paluello will lead the roll-out of the company’s AI-powered portfolio management service, the second release from Arabesque following the launch of ESG Book in 2021.
The company said its new “portfolio management as a service” platform aims to enable asset managers asset managers to generate personalised, active investment strategies at scale, using deep learning and raw ESG and sustainability data for more than 30,000 companies from ESG Book, and integrating multiple financial and non-financial dimensions and preferences into portfolios.
Dr. Minio Paulello joins from Schroders where she was global head of product. Prior to that, she worked at Lombard Odier and Goldman Sachs Asset Management, where she led the integration of sustainability into product solutions and quant strategy across client portfolios, respectively.
“Arabesque AI is uniquely positioned to service the asset management industry’s need to meet the growing market demand for hyper customised portfolios,” said Dr. Minio Paulello.
She added, “Our combination of AI and quality impact data means that asset managers of any size can integrate impact as well as risk and return into their strategies, constructing active portfolios that reflect their clients’ preferences, whether retail, high-net-worth or institutional.”
The company also appointed Tim Wong as its new chief product officer. He joins from Finbourne Technology, where he oversaw product development for investment and portfolio management software.
He also has several years of experience in product management and strategy consulting at companies including Amazon, Capco, McKinsey and PwC.
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