B Capital founders Raj Ganguly (left) and Eduardo Saverin / Photo credit: B Capital

Fresh off the close of its new US$750 million fund, B Capital has made two new appointments to its executive team.

The investment firm, established by Facebook co-founder Eduardo Saverin, has named Rich Lesser as vice chair of climate and sustainability as well as senior advisor. It has also appointed Jeff Johnson as general partner.

Lesser serves – and will continue to serve – as global chair of Boston Consulting Group, having also been the company’s CEO from 2013 to 2021. He has held the chief advisor role for the World Economic Forum’s Alliance of CEO Climate Leaders.