Marlys E. Appleton
Vice President, Sustainability Initiatives
Chair, Sustainability Steering Committee
AIG Global Investment Group (AIGGIG)
Marlys Appleton has developed her career in the institutional fixed income markets, starting on the sell side and progressing to the analytic side. Marlys has been with AIG since 2001 and is a Vice President with AIG’s Global Investment Group (AIGGIG) where she oversees the performance measurement and benchmarking function for the Alternative and Derivative asset classes, as well as the calculation of option-adjusted risk measures for global fixed income holdings.
Marlys first began working on issues of sustainability at AIGGIG in 2005 as a member of an internal task force looking at business policy questions and issues related to emissions, climate change and socially responsible investing. In August of 2006, she was appointed to lead the effort to embed principles of sustainable finance, in the form of ES&G (environmental, social and governance) factors, across the major asset classes of AIGGIG. She is the Chairperson the Sustainable Investment Steering Committee and is overseeing the implementation of policy and a work plan agreed to by executive management and developed over a period of many months.
Prior to joining AIGGIG, Ms. Appleton was a Vice President in the Portfolio Analytics Group of BlackRock Asset Management where she worked on risk analysis for fixed income portfolios. Before BlackRock, she was a senior fixed income advisor at an interest rate consulting firm lead by Professor Thomas S. Y. Ho, an author of the Ho-Lee model of arbitrage free interest rates, which firm which was acquired by Barra. At Barra, she continued her work with major insurance companies, asset managers, and broker dealers on implementation and analysis issues for Barra’s risk management business. Earlier career positions included analytic positions at Morgan Stanley, sales at Banc of America, and she was the head of institutional fixed income sales and the architect of strategy when Swiss Bank Corporation (now UBS) achieved primary dealership status with the New York Federal Reserve Bank. She also has 5 years teaching experience at NYU’s School of Continuing and Professional Studies, focusing on fixed income markets. Marlys holds a BA Economics from the University of Washington in Seattle, Washington, an MS in Management from the Sloan School at MIT in Cambridge, Massachusetts, and an Advanced Certificate in Municipal Securities from the University of Michigan at Ann Arbor.