PFA, 300 Club, Lombard Odier Investment Managers, Mercer
PFA – Denmark’s largest commercial pension provider is losing one of its four directors, as group chief commercial officer Lars Ellehave-Andersen resigns from the DKK552bn (€74bn) company. Ellehave-Andersen, who came to PFA from labour-market pension fund PensionDanmark, is responsible for corporate customers and partners, advisory services, subsidiary PFA Bank and Greenlandic business PFA Soraarneq. PFA’s group chief executive Allan Polack will take responsibility for the sales and customer business previously handled by Ellehave-Andersen.
300 Club – Jan Straatman, who headed up investment at €356bn Dutch public service pension plan ABP between 2001 and 2006, is the latest person to join the independent 300 Club, which aims to speak out against mainstream investment practice. Straatman, now global CIO at Lombard Odier Investment Managers, brings the number of members to 16. Ron Barin, CIO of the US pension fund for Alcoa, joined last month.
Mercer – Edinburgh-based Steven Blackie has been appointed UK head of investments. He will succeed Patrick Race, who held the position for more than four years. In his new job as UK head of investments, Blackie will focus on developing Mercer’s advisory and delegated services. He has been commercial director for Mercer’s UK investments business up until this appointment, having first joined the consultancy back in 2009 as head of the Edinburgh investment team.