Schroders, European Securities and Markets Authority, Finanssivalvonta, EIOPA, APG, VIVAT Insurance, Keva, Association of Finnish Local and Regional Authorities, Norges Bank Investment Management, ACD, Zurich Corporate Services, JP Morgan Asset Management
Schroders – The asset manager has created a fiduciary management team headed by Mark Humphreys, previously head of UK strategic solutions at Schroders. The position, like the team, is new. Hannah Simons, Jonathan Smith and Rosalind Mann have been appointed as fiduciary managers, having been analysts in Schroders’s UK strategic solutions group. They take their previous responsibilities with them.
European Securities and Markets Authority (ESMA) – Anneli Tuominen has been appointed vice-chair of the EU supervisory body. She is director general of Finanssivalvonta, the Finnish financial supervisory authority, and already a long-standing member of the ESMA board of supervisors. Tuominen is also on the supervisory board of the Single Supervisory Mechanism (SSM), the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA) and the European Systemic Risk Board (ESRB). She replaces Carlos Tavares, former chairman of the Portuguese securities markets commission (CMVM), who has completed his term.
EIOPA – Fausto Parente has been elected executive director, joining from the Italian insurance regulator, Istituto di Vigilanza sulle Assicurazioni (IVASS). Peter Braumüller, managing director of the Austrian Financial Market Authority, has been re-elected EIOPA’s alternate chair.
APG – Gerard van Olphen has been appointed chief executive of the €410bn Dutch asset manager and pensions provider. He will relieve Angelien Kemna, the company’s CFRO, of her responsibilities as interim chief executive since the departure of the former chief executive Dick Sluimers at the end of last year. Van Olphen starts in mid-March, having most recently served as chief executive at VIVAT Insurance. He was previously chief executive at SNS Reaal, in charge of the restructuring of the nationalised bancassurer.
Keva – Timo Kietäväistä has been appointed managing director of the €44.2bn Finnish local authority pension provider, taking over from Tapani Hellstén in mid-February. Hellstén has been acting managing director, with former Keva managing director Jukka Männistö having suddenly resigned last October. Kietäväistä joins from the Association of Finnish Local and Regional Authorities.
Norges Bank Investment Management – Christian Ringnes and Petter Fredrik Neslein have been named external members of the five-strong real estate investment board, advising on investments by the Government Pension Fund Global. Ringnes is principal shareholder and chief executive of the real estate companies Eiendomsspar and Victoria Eiendom. Neslein is the owner and chief executive of real estate company Pecunia, which manages and develops commercial and residential properties in central Oslo.
ACD – Cristiano Carraroli has been appointed chief executive at ACD, an Italian company dedicated to supporting foreign asset managers’ business in the Italian market. He has worked at several investment companies in Italy, Luxembourg and Malta, including GDP Asset Management Sim. Carraroli will be supported by Chiara Verderio, head of research and fund analysis at ACD.
Zurich Corporate Services – Andy Seed is joining the UK defined contribution (DC) services provider as corporate distribution manager of strategic partnerships. Seed joins from JP Morgan Asset Management, where he was an executive director leading UK DC sales.