GLOBAL - KPMG, APG, Kempen Capital Management, UK Government Actuary's Department, CQS, Landesbank Baden-Württemberg, Aberdeen, Savills
KPMG - Gurmukh Hayre has been hired to lead KPMG DC Solutions, a dedicated pensions practice area focusing on defined contribution (DC) pension schemes. Gurmukh has more than 25 years' experience in the pensions industry, of which the last 20 have been with KPMG. Over this period, he has led DC pension change projects including transitions from defined benefit to DC, setting up new plans or restructuring of existing schemes for a number of blue chip clients. Meanwhile, Robert Mirsky has joined the consultancy as head of hedge funds for the UK. Mirsky joins from Laven Partners, where he was managing director, overseeing the creation of a UCITS platform. A US-trained lawyer, Mirsky was previously a partner in Ernst & Young's hedge fund practice. He has also worked with Big 4 firms in London, New York, Washington DC, Milan, Bangkok and the Cayman Islands.
APG - The Dutch giant has promoted Claudia Kruse, former associate director at F&C Investment, as its head of corporate governance. The €266bn asset manager, whose main client is the Netherlands' largest pension scheme ABP, appointed Kruse following the departure of Paul Frentrop at the end of last year. Kruse joined APG two years ago as senior sustainability and governance specialist, having worked as an associate director in the governance and responsible investment team at F&C Investment.
Kempen Capital Management (KCM) - The company has established an international business development team in Amsterdam that will be headed by Hilko de Brouwer. KCM said the establishment of the team, which will focus on markets outside the Netherlands and Switzerland, underscored its increasing focus on international institutional investors. Vuk Srdanovic has joined the team to cover France and the Nordics. Prior to joining KCM, Srdanovic worked at T Rowe Price in Copenhagen as a senior sales representative for the Nordic region.
UK Government Actuary's Department - Dermot Grenham has been appointed chief actuary for social security, demography and overseas pensions at the Government Actuary's Department, effective 1 March. Prior to joining GAD, Grenham, who is currently a deputy chief actuary in GAD's insurance division, held various financial reporting roles within the Prudential Assurance Group. He has also worked as a consulting actuary for PricewaterhouseCoopers and Ernst & Young.
CQS - Leila Kotlar-Bouget has joined the company to build its client service function. She joins from BlueCrest, where she held a similar role. CQS is a $10bn (€7.4bn) global multi-strategy asset management company established in 1999.
Landesbank Baden-Württemberg (LBBW) - Thorsten Schönenberger will take on the function of head of LBBW's commercial real estate financing in Stuttgart. He will take up his new post by 1 July at the latest, succeeding Rainer Konopka, who is taking early retirement after 33 years at the company, its predecessor institutions and subsidiaries. Schönenberger is currently still employed by Landesbank Hessen-Thüringen (Helaba), where he is in charge of international real estate financing.
Aberdeen Asset Management - Marc van Heddeghem has been made an independent expert member of the advisory committee of the Aberdeen European Balanced Property fund. Van Heddeghem recently retired from his role as managing director at Redevco Belgium.
Savills - David Dintilhac has joined the property management team in Paris as director. He was previously at LaSalle Investment Management.