29 July 2009

Climate Change Capital appoints Shaun Mays as new CEO

(LONDON – 29 July 2009)  

Climate Change Capital Limited (“CCC”), an investment manager and advisor specialising in the opportunities generated by the global transition to the low carbon economy, has today announced that Shaun Mays will take over as Chief Executive Officer (CEO) of the company.

Appointed Chief Investment Officer of CCC last October as part of a succession plan, Shaun has been working closely with Mark Woodall, the current CEO for a number of months to ensure there would be a smooth transfer at the appropriate time. He will take over as CEO with immediate effect.

Commenting on his appointment, Shaun Mays said:

‘I am delighted to be taking over as CEO at an incredibly exciting time for Climate Change Capital. I am looking forward to leading CCC into a new chapter of the company’s history, building on Mark and the CCC’s team’s hard work and success during the last six years. Mark and I have established a good working relationship over nearly a year and I look forward to having his continued support in his new role with the company.’

Mark Woodall will continue to be involved with CCC in a non-executive capacity as a senior adviser to the company as well as becoming the non-executive chairman of the investment committees of the carbon funds.

Speaking about his new position with CCC and the appointment of Shaun Mays as CEO, Woodall said:

‘I have greatly enjoyed building the company to its current successful position.  I believe that now the time is right for a new person to take up the baton and lead CCC on the next stage of its development. The business has had a strong six months of profitable trading and we are extremely well positioned for the future.’

‘Shaun and I will continue to work closely in my new capacity and I wish him every success for the future. Shaun has an enviable track-record in our industry and has all the skills needed for the next phase of CCC’s development.’

Shaun Mays has over 20 years' experience in the funds management industry in both executive and investment positions in the UK, Australia and the US. 

He was previously the chief executive of Deutsche Asset Management’s RREEF Infrastructure Investments, whose assets under management grew from €500m to €6.7 billion during his tenure. 

Shaun has also served as Managing Director of Mercury Asset Management Australia, Managing Director of Westpac Financial Services and Chief Investment Officer of Commonwealth Financial Services and the State Authorities Superannuation Board in Australia. 

                                               -End-

For further information contact:


Climate Change Capital
Charlie Burgess   07941371440

Madano Partnership
Matthew Moth/Michael Evans  020 7593 4000

Web site design & development by Reflection Marketing