This month's notable appointments
Eric Alsembach, head of Bunge’s Asset Management Group (BAM), has been appointed to the CEO’s role at London-based asset manager Climate Change Capital (CCC). He will remain managing director of BAM – CCC is owned by Bunge and is a component part of BAM. Alsembach started out as assistant bank manager for the National Bank of Canada, on Prince Edward Island, providing personal loans to local farmers and fishermen. He has spent more than 25 years in agribusiness, focusing on asset management, financing, trading and M&A, particularly in emerging markets. He joined global agribusiness and food company Bunge in 2001.
Alsembach first became drawn to this sector while working in Sao Paulo in 2004. “I became interested in the development of renewable energy projects that could be financed using carbon credits under the UN’s Clean Development Mechanism programme,” he explains. “I led the acquisition of a carbon advisory business in Brazil and initially our global carbon credits group.”
Alsembach is now looking to leverage Bunge’s global operating expertise in over 40 countries to identify investment and advisory opportunities that help meet the growing global demand for commodities and food, “particularly in improving farmland, infrastructure, agricultural processes and logistics, and renewable energy...