PGGM, PwC Netherlands, JP Morgan Asset Management, UBS Global Asset Management, Morningstar Switzerland, Cording Real Estate Group
PGGM – Evalinde Eelens, senior multi-client investment strategist at the €188bn asset manager PGGM, has been appointed CIO for the pension plans in Europe, the Middle East and Africa of confectionary company Mars as of 1 June. She joined PGGM in 2014, when the asset manager took over A&O Services, the pensions provider for the industry-wide scheme for painters and decorators, where Eelens was a senior investment strategist at the time. At Mars, Eelens is to replace Fred Nieuwland, appointed CIO of the company’s global pension plans, with €14bn in assets, in February.
PwC – The Dutch branch of accountancy PwC has appointed an external supervisory board (RvC). The board will include Jan Maarten de Jong (chairman), Nout Wellink (vice-chairman and former president at Dutch regulator DNB), Naomi Ellemers, Frits Oldenburg, Cees van Rijn and former state secretary for economic affairs and MEP Yvonne van Rooy. The RvC said it wanted to attract a seventh, and female, member with broad experience of governance. The new board will also supervise tax, human resources and advice at PwC. Until recently, a representation of the company’s partners oversaw supervision at the company. The RvC members have been appointed for four-year terms.
JP Morgan Asset Management – John Stainsby is leaving JP Morgan, where he has been head of the UK institutional team since the beginning of 2012, having held other roles at the investment bank before that. JP Morgan’s European head of institutional Christoph von Reiche will assume daily management of the team while he seeks a replacement, the bank said.
UBS Global Asset Management – Peter Cazalet has been appointed executive director of UK business development, focusing on the local pensions market. He joins from JP Morgan, where, for more than 19 years, he held a number of client and business development roles. Before then, was a director at SG Warburg investment bank and director of broking firm Hoare Govett.
Morningstar Switzerland – Stefano Petracca has been appointed chief executive at Morningstar Switzerland, while Frédéric Vallé is now head of business development for the region. Both appointments are effective immediately. Petracca, who joined in 2005, replaces Mark Roomans, who Morningstar named chief executive for Morningstar UK in January. Vallé joined in 2010.
Cording Real Estate Group – Ewan Montgomery has been appointed director of investment in London. He joins from Aberdeen Asset Management, where he was a property fund director with responsibility for two mixed portfolios across the UK. He has also worked for CBRE in London.