Robeco, AP4, SPP, MN, NN Belgium, European Insurance and Occupational Pensions Authority, PensionsEurope
Robeco – Hester Borrie and Hans Rademaker are to leave the executive board as of 1 May. Borrie has been head of global distribution and marketing since 2009. Rademaker has been CIO since he joined the €268bn global asset manager in 2010. Last year, Roderick Munsters left as chief executive after six years. Robeco was taken over by Japan’s Orix Corporation in 2013. At the moment, Robeco’s executive board (RvB) comprises David Steyn (chief executive), Leni Boeren (COO) and Roland Toppen, who is responsible for finance. The company declined to comment on the sudden departure of Borrie and Rademaker but said their responsibilities would be carried out by the remaining RvB members for the time being.
AP4 – Sarah McPhee has been named chair of AP4, returning to the Swedish buffer fund she left more than a decade ago. McPhee, who until last year was chief executive of insurer SPP, replaces Monica Caneman, who has served as AP4’s chair since 2008. Prior to joining SPP in 2008, McPhee spent four years as CIO at Sweden’s largest pension provider, AMF. She also spent three years as head of ALM and compliance at AP4.
MN – The €115bn asset manager and pensions provider has appointed Liesbeth Sinke as chief financial and risk officer. Effective 1 June, Sink is to become a member of the four-strong executive board, which also includes René van de Kieft (chief executive), Henri den Boer (pensions and insurance) and Gerald Cartigny (asset management). Her appointment comes in the wake of the reduction of MN’s executive team from eight members to four. Sinke is CFO at NN Belgium, a subsidiary of NN Group. Before then, she worked for insurance broker Marsh, consultancy Aon and ABN/Amro bank.
European Insurance and Occupational Pensions Authority (EIOPA) – Matti Leppälä, secretary general at PensionsEurope, has been elected chair of EIOPA’s pension stakeholder group (OPSG), succeeding Philip Shier. Leppälä, who has been with the European industry group since 2011, was previously the OPSG’s deputy chair, serving under Benne van Popta and Shier, following the former’s resignation mid-term in 2015. The OPSG, which met on 28 April for the first time since 21 new members were named, also elected Bernard Delbecque as deputy chairman.