Lord Abbett Strengthens ESG Capabilities | Lord Abbett
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Names New Chief Sustainability Officer and Head of ESG Investment

JERSEY CITY, NJ – May 20, 2021 – Lord, Abbett & Co. LLC (“Lord Abbett”), an independent, privately-held investment management firm, recently announced that it is continuing to expand its environmental, social, and governance (ESG) capabilities with two new senior roles. These changes affirm Lord Abbett’s commitment to sustainable business practices in its own enterprise as well as in the companies in which it invests the approximately $235 billion in assets it manages on behalf of clients.

Brooke Fapohunda will assume the new role of Chief Sustainability Officer, leading the firm’s build-out of a corporate ESG structure. She serves on the firm’s Executive Committee and Global Corporate Citizenship Committee and is co-chair of the firm’s Leader Development Committee. Since joining Lord Abbett in 2006, she has served in a series of advancing roles, including Head of Human Capital Management and Deputy General Counsel. In this role, Brooke will continue to report to Kristen Maple, Partner and Chief Impact Officer. Rory Melick, Managing Director and Head of Employee Experience, will replace Brooke as Head of Human Capital Management.  

Emanuela Scura will assume the new role of Head of ESG Investment and will be responsible for collaborating with the firm’s investment professionals to drive ESG integration across Lord Abbett’s investment processes. She serves on the firm’s Investment Committee and Global Corporate Citizenship Committee. She joined Lord Abbett in 2007 and previously served as Chief Operating Officer-Investments and Deputy Director of Global Credit Research. In this role, Emanuela will report to Steven F. Rocco, CFA, Partner and Co-Head of Taxable Fixed Income-Investments.

Reflecting on these new roles, Doug Sieg, Managing Partner, said, “Brooke and Emanuela bring strong leadership and expertise that will move us forward in fulfilling our mission to secure a sustainable future for our clients, our people, and our world.”

Remarking on Lord Abbett’s commitment to sustainability and ESG investing, Mr. Sieg said, “As a firm with a higher purpose rooted in sustainability, we will continue to add talent and resources to the organization in order to create long-term financial security for our clients, empower our people, advance our communities, and ensure a vibrant future for our planet.”

For more information about Lord Abbett, please visit lordabbett.com.

About Lord Abbett

Lord, Abbett & Co. LLC is an independent, privately held firm and was named one of the Best Places to Work in Money Management for 2020 by Pensions & Investments, as well as a Best Place to Work in the Human Rights Campaign’s 2021 Corporate Equality Index. One of the oldest money management firms in the United States, Lord Abbett is inspired by its mission—Securing a sustainable future for our clients, our people, and our world—strengthened by a culture that is principles-led, performance-oriented, and purpose-driven, and guided by the shared values of excellence, responsibility, transparency, and collaboration. Lord Abbett manages approximately $235 billion in assets (as of March 31, 2021) across a full range of U.S. mutual funds, UCITS Funds, institutional and separately managed accounts, including $1.2 billion for which Lord Abbett provides investment models to managed account sponsors.

Investors should carefully consider the investment objectives, risks, charges, and expenses of the Lord Abbett Funds. This and other important information is contained in a fund’s summary prospectus and/or prospectus. To obtain a prospectus or summary prospectus on any Lord Abbett mutual fund, contact your investment professional or Lord Abbett Distributor LLC at 888-522-2388, or visit us at lordabbett.com. Read the prospectus carefully before investing.

 

Lord Abbett mutual fund shares are distributed by Lord Abbett Distributor LLC.

Shares of Lord Abbett mutual funds are not deposits or obligations of any bank, are not guaranteed by any bank, and are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of principal amount invested.

Media Inquiries:

Jim Sansevero

201-827-2774

jsansevero@lordabbett.com

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