Hetal is responsible for assessing the exposure of the Group’s investment portfolios to climate related risks and opportunities and for developing and setting targets for its decarbonisation ambitions.

Prior to joining Phoenix in 2020, Hetal had a rich background in institutional investments. He spent 9 years at Legal & General where he held various roles supporting its With Profits Fund, latterly leading the team responsible for its investment strategy and fund manager oversight. He also worked in the pensions sector, initially as an Investment Consultant with KPMG and then as an in-house Investment Manager for Lloyds Banking Group supporting its various heritage pensions schemes. Hetal started his career in banking as a bond trader with Goldman Sachs working on its European Government Bonds desk. He is a fellow of the Institute and Faculty of Actuaries.

Hetal has been Chair of the PCAF UK Association since January 2023 and currently is also Chair of PCAF’s Core Team, the body that is responsible for governance and development of the PCAF Standard.