State Street, Ilmarinen, Pension Insurance Corporation, Investment Company Institute Global, PwC France, Mirabaud Asset Management, Syntrus Achmea Asset Management, UBS Global Asset Management, BlackRock, Eaton Vance Management International, Threadneedle Asset Management, Aon Hewitt, bfinance,
Varma – Berndt Brunow is to succeed Kari Jordan as chairman of the supervisory board of Finnish pensions insurer Varma. Brunow is the chairman of the board of Oy Karl Fazer Oy, while Jordan is president and chief executive at Metsä Group. Jari Paasikivi, president and chief executive at Oras Invest, and Antti Palola, president of the Finnish Confederation of Professionals STTK, will continue as deputy chairmen at Varma. The company’s board of directors has also elected members of the nomination and compensation committee and the audit committee from among its members. During 2015, the audit committee will comprise Ari Kaperi (chairman), Jyri Luomakoski, Antti Palola and Kai Telanne. Members of the 2015 nomination and compensation committee are Brunow (chairman), Paasikivi and Palola.
AMF – Dan Adolphson is taking over from Carina Blomberg as security economist at Sweden’s AMF. He has worked at AMF since 2006 in the pensions information department and will take up his new role at the beginning of March. AMF said the most important aspect of the role of security economist was to represent savers’ interests by working on pensions issues. Blomberg is retiring in June.
Folksam – Lars Johnsson has been appointed director of real estate at Sweden’s Folksam and will start work at the pensions institution on 2 March. He has 27 years’ experience in the property industry, most recently as deputy director and head of property investments at Vasakronan. Johnsson is replacing Torbjörn Wiberg, who will leave Folksam on 28 February.
AP2 – The head of external equity managers at AP2 has departed the Swedish buffer fund for a US-based think tank. Mimmi Kheddache-Jendeby joined the Center for Applied Research, State Street’s think tank, earlier this month and will be vice-president and senior research strategist. Kheddache-Jendeby spent several years at the fund as portfolio manager for external mandates and was most recently head of equity for external managers.
Ilmarinen – Sini Kivihuhta has been appointed deputy chief executive and “substitute” for the chief executive. Ilmarinen’s current deputy chief executive Timo Ritakallio will take on the role of president and chief executive for the company from the beginning of February. Kivihuhta will also continue to carry out her responsibilities as senior vice-president of pension insurance.
Pension Insurance Corporation – Tracy Blackwell has been appointed deputy chief executive, succeeding John Coomber, who is to retire at the end of June. Blackwell, currently CIO at PIC, has been with the company since it was founded in 2006. Prior to joining PIC, she worked at Goldman Sachs, where she held a variety of roles, including head of risk management for the EMEA region at Goldman Sachs Asset Management. PIC said a search for a new CIO was underway.
Investment Company Institute Global – Patrice Bergé-Vincent has been appointed to the newly created position of managing director at ICI Global Europe. He will join in mid-April. Bergé-Vincent is currently a partner with PwC France, where he leads the asset management regulatory practice. Before then, he worked within the Department of Regulation Policy and International Affairs at the Autorité des marchés financiers (AMF), the French regulator, serving as head of the Asset Management Regulation Policy Division.
Mirabaud Asset Management – André Broijl, Bert Hospers, Sai Kit Lam and George Luijkx have joined the fixed income team from Syntrus Achmea Asset Management in the Netherlands. The team will report to Andrew Lake and be in charge of various mandates and fund solutions for Mirabaud’s clients in investment-grade credit.
UBS Global Asset Management – Rachel Hill has been appointed business development director, focusing on UK investment consultants and pension funds. In the past, she has worked at fiduciary manager SEI and more recently at BlackRock, in both client and consultant-focused roles.
Eaton Vance Management International – Jeffrey Mueller has been appointed vice-president, portfolio manager and global high-yield analyst. Based in London, he will be responsible for leading the company’s global corporate credit operations. He will join in March from Threadneedle Asset Management, where he has been a high-yield portfolio manager and investment analyst since 2009.
Aon Hewitt – Jorge Huitron has joined the manager research team as a senior consultant, with responsibility for covering European private equity. He joins after seven years with bfinance, where he was a director in private market research. Before then, he spent four years at Cambridge Associates as a senior consulting associate.