AFII research on the Bloomberg terminal. BRC <go>, Source: ANF, Set alerts
The Team
Ulf Erlandsson
Founder, CEO
Sweden
With a PhD in Economics from Lund University, Ulf founded AFII in 2020, having previously ran global credit at Swedish state pension fund, AP4, and been a quantitative strategist at Barclays Capital.
Ulf has published several books on credit and thought-leading articles on climate impact in fixed income, and was awarded Environmental Finance’s Bond Personality of the Year 2022 as well as CFA Sweden’s ESG Prize 2021.
Justine Leigh-Bell
Executive Director
UK
Formerly Deputy CEO of the Climate Bonds Initiative, Justine has a track record in building international non-profit organisations with a strong climate impact footprint, most notably in the development of the green bonds market working closely with financial institutions.
Justine has an M.Sc. in environmental economics and policy from Imperial College London and post-graduate training in molecular genomics at Yale.
Stephanie Mielnik, CFA
Research Director
Switzerland
Previously at Northern Trust Asset Management where she led the development of Climate/ESG funds and SFDR implementation, Stephanie drives quantitative research at AFII. Stéphanie started her career at Natixis as a quantitative analyst before joining the derivatives trading desk. She has an M.Sc. in financial engineering from Skema Business School and a Master’s in IT engineering from Junia HEI Lille.
Josephine Richardson
Head of Portfolio Strategy
UK
Previously a senior flow trader from JPMorgan, Josephine covered all aspects of credit trading, market making of structured products, risk management, analysis, valuations and controls. Josephine leads the development and application of AFII’s portfolio management techniques and actively manages AFII’s model portfolios. She has a BA Hons in Mathematics from Trinity College, Cambridge.
Cedric Rimaud
Senior Credit Analyst, Asia Pacific
Singapore
Cedric is a corporate bonds and sustainable finance specialist and undertakes research focused on Asian corporates, sovereigns and markets. With over 20 years’ experience in the financial management industry, since 2016 Cedric has been developing investable projects in the climate finance space in Southeast Asia, working with the United Nations and the Climate Bonds Initiative.
Cedric has an Executive MBA from INSEAD and Tsinghua University and a Master in Finance from the London Business School. He is a CFA charter holder and member of the CFA Society in Singapore.
Johan Jarnmo
Quant Associate
Sweden
A graduate from the Department of Mathematics and Mathematical Statistics at Umeå University, Johan was previously a consultant at Deloitte. His graduate thesis, “Greenhouse Gas Footprint Minimization of Credit Default Swap Baskets”, was directly related to the ECOBAR model and AFII’s work.
Suelen Lira
Head of Programme Management Office and Operations
Portugal
Previously at the Climate Bonds Initiative, PwC and Santander, Suelen has 15 years’ experience implementing and operating Programme Management Offices.
She has an MBA in Project Management and certified as a Programme Management Professional in 2012.
Emma Thorpe
Communications Director
United Kingdom
With over 25 years’ experience in marketing and public relations focused on finance and innovation, Emma leads AFII’s stakeholder communications and media relations.
Emma has previously held senior marketing roles at Bowmark Capital, Invest Europe, and The Carlyle Group, and now advises venture capital investors and startups on communications. Emma has a BA Hons in Philosophy, Politics and Economics from Oxford University.
Tammy Cadsby
General Counsel
United Kingdom
Tammy is a seasoned finance lawyer and advises AFII on legal matters related to the sustainable debt market as well as AFII's role and practice in the non-governmental organisation sector.
Tammy spent her early career in top UK-based law firms Clifford Chance and White & Case advising on structured finance transactions and bond market capital raises. She subsequently became an in-house lawyer at financial technology companies Blenheim Chalcot and Oakbrook Finance Limited advising on all matters related to ongoing legal and operational issues. Tammy has an LLB from Osgoode Hall Law School and a Bachelor of Arts from Western University, both in Toronto, Canada.