GLOBAL - Nedlloyd Pensioenfonds, KLM, SPF Beheer, Mn Services, Threadneedle, Franklin Templeton, Aquila Capital.

Nedlloyd Pensioenfonds - Jeppe Machielsen, 51, was appointed as chairman of the €1.2bn shipping company's Dutch pension fund on 1 December. Machielsen was previously director of controlling at shipping company Royal Nedlloyd and chief financial officer at energy company Eneco. He has succeeded Haddo Meijer, who chaired the pension fund for the last 20 years.

KLM - Eltjo Kok, 59, has been appointed chairman of the three KLM pension funds, with combined assets of €12.1bn. He will succeed Dick Dees, who has chaired the schemes since 2006. Kok is an independent adviser of company boards, and he has held several management and board positions at ABN AMRO previously.

SPF Beheer  - As of 1 March, Leny van der Heiden will start as administration manager at the €11.5bn pensions provider railways scheme SPF and the €2.3bn public transport scheme SPOV. Currently, Van der Heiden is policy manager and deputy director of the Association of Industry-wide Pension Funds (VB), which merged into the Pension Federation in 2010.

Mn Services
- Brian Frieser, has started as portfolio manager for private equity at the €70bn asset manager and pensions provider for metal schemes PMT and PME. Previously, Frieser was investment manager and analyst of private equity at pure play asset manager Robeco.

Threadneedle - William Davies has been promoted to head of global equities, having spent the last 12 years as the company's head of European equities. In his new position, he will oversee a team of 10, with Philip Dicken replacing him in his previous position. Davies joined Threadneedle when it was founded in 1994.

Franklin Templeton - Daniel Perroud has been appointed sales manager for institutional clients, based in Geneva. Perroud, who previously worked for Harcourt as executive director business development, will report to Swiss head of institutional business Martin Lasance, who joined earlier this year.

Aquila Capital - Oldrik Verloop has moved from Swiss bank Wegelin & Co to become head of business development in the Benelux and Scandinavian regions at the alternative investment company. Verloop, a Dutch lawyer by trade, has worked at MCI WorldCom and Shell in the past.