APG, Mercer Germany, KGAST, CPPIB, Davidson Kempner, Natixis Global Asset Management, AXA Investment Managers, DWP

APG – Mark Boerekamp, chief operating officer at the €443bn Dutch asset manager APG, is to leave as a member of its executive board, as large projects on communication, pensions administration and ICT are nearing their completion. Boerekamp, who joined APG’s executive board in 2012, said he wants to focus on a new career in digital transformation processes and technological developments. APG said Boerekamp helped lay the foundations for cutting the cost of pensions provision and making operations more efficient. Boerekamp was also the driving force behind Brightlands Smart Services Campus, a co-operation between APG, Limburg county council and Maastricht University. APG said it would nominate Boerekamp as its representative on the supervisory board of the campus. Boerekamp’s tasks within APG’s executive board will be temporarily taken over by its chairman Gerard van Olphen.

Mercer – The consultancy has announced that Martin Haep has been appointed to lead the new business division, Wealth, at Mercer in Germany. The new business area combines Mercer’s retirement and investment divisions so that these dovetail better, it said. Haep joined Mercer in 2007 and was most recently head of the multinational client group in Europe and client growth leader for Mercer in central Europe. Uwe Buchem and Herwig Kinzler, who have been leading the retirement and investment divisions, have been appointed chief operating officer and chief investment officer of the new wealth division respectively.

KGASTAlexandrine Kiechler, chief executive of the Credit Suisse investment foundation (Anlagestiftung) has been elected the new president of KGAST, the Swiss conference of heads of investment foundations. She replaces Hanspeter Kampf, chief executive of the J. Safra Sarasin Anlagestiftung, who remains a member of the KGAST board.  Kiechler joined the board in 2015. The board was expanded by two new members, Sonja Spichtig, chief executive of the Swisscanto Anlagestiftungen, and Tobias Meyer, head of the the UBS Anlagestiftungen.

CPPIBDerek Jackson will be joining Canada Pension Plan Investment Board’s principal credit investments team as a London-based managing director in May. Jackson joins from Davidson Kempner, where was a managing director since July 2009. He focused on European event-driven and opportunistic credit investing and managed a sub-portfolio. Before that he was at Alcentra.

Natixis Global Asset ManagementJean Raby has been appointed CEO of Natixis Global Asset Management. He will join the firm on 20 February and, as CEO, will be in charge of its asset management, private banking and private equity businesses. Raby was most recently the chief financial officer of French telecommunications company SFR Group. Before that he was chief financial and legal officer at Alcatel-Lucent, and before that he worked at Goldman Sachs for around 16 years, becoming head of its Paris office and then co-CEO of its activities in Russia. Raby replaces Pierre Servant, who has been appointed senior advisor to Laurent Mignon, CEO of Natixis. He remains on the Natixis senior management committee. 

Axa Investment Managers – Isabelle Scemama has been appointed CEO of AXA IM Real Assets, replacing Pierre Vaquier with immediate effect. Heidi Ridley has been appointed CEO of AXA IM Rosenberg Equities, and Kathleen Houssels global chief investment officer, both effective 1 March. They succeed Jeremy Baskin, who, like Vaquier, is leaving AXA IM. Scemama and Ridley join the management board. Scemama was previously CEO of Axa REIM SGP, the French regulated entity of Axa IM Real Assets. Ridley has been global COO and chief of staff for AXA IM Rosenberg Equities since 2011 and Houssels has been head of research and investment models at AXA IM Rosenberg Equities since 2012. 

Department for Work and Pensions (DWP) – Three members of the UK pensions industry have been appointed chairs of an external advisory group that will work with the government on its 2017 review into automatic enrolment. Ruston Smith, trustee director at Peoples’ Pension, will lead on the theme of engagement. Jamie Jenkins, head of pensions strategy at Standard Life, will be the chair for the theme of coverage. Chris Curry, director of the Pensions Policy Institute, will lead on contributions.