The consultant who led the independent review into the Principles for Responsible Investment’s governance after a number of Danish pension funds decided to quit the organisation, has been named as the UN-backed body's first-ever operations chief.

The PRI, which was set up in 2006 by the United Nations to encourage fund managers to invest sustainably, confirmed in a statement on November 7 that Peter de Graaf will become its chief operating officer on December 1.