GENEVA, 6 August - IETA is pleased to announce the appointment of Federico Di Credico of ACT and Hendrik Rosenthal of CLP as new members of its governing Council. They fill vacancies created when Matthew Bateson of Rio Tinto and Jeanne Ng of CLP resigned in mid-term.
Federico Di Credico is Managing Director of ACT Financial Solutions, an investment firm spin-off of ACT Commodities Group, which specialises in carbon emission trading, price risk management and climate finance. He joined ACT in 2012, after working as renewable energy analyst in Italy and as derivatives broker in London. In 2017 he was appointed to manage the newly established investment firm, ACT Financial Solutions, based in Amsterdam. Federico’s main area of focus and expertise lies in market-based mechanisms, risk management and financing instruments that can help drive the economy towards a sustainable future.
Hendrik Rosenthal is Director - Group Sustainability of the CLP Group and is responsible for the Group’s sustainability-related strategy, reporting and communications. Based in Hong Kong, he supports CLP senior management in sustainability and climate change-related risk management and advises on sustainability matters of the Group’s power business in the Asia-Pacific region. With 20 years of experience in environmental management across the public, private and NGO sectors, Hendrik previously led research and consulting projects in Canada, Hong Kong and Singapore.
“I am happy to welcome Federico and Hendrik to the IETA Council at a time when carbon markets are growing more vibrant, in light of the momentum behind the Paris Agreement,” said Rick Saines, Chairman of the IETA Council. “Each of them brings enthusiasm and fresh ideas to the leadership of our organisation.”
“Hendrik’s insights from working for a covered entity in the Chinese carbon market pilots and Federico’s trading desk experience across multiple carbon and clean energy markets will bring valuable perspective to the IETA Council’s work,” said Dirk Forrister, IETA President and CEO.