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IBM's Brooke quits for adviser role

Nevill Brooke, director of retirement funds Europe at IBM, leaves the company this month with ambitions to act as an adviser to multi-nationals on their international pension requirements.

He is replaced by Martin Jack, an internal appointment, who is currently a senior finance manager with IBM UK.

Brooke told IPE that he had no formal plans as yet but added that he had already made some inquiries about acting in an advisory capacity in London.

He said: I'm hoping to continue to offer consultancy services to multi-nationals looking to manage international pension funds."

Talking about his current department, he said: "Obviously the plans are run locally under local fiduciary arrangements. But we look at ourselves as internal consultants offering professional advice to those running the plans, where they may be thinly re-sourced or do not possess certain skills."

The department has responsibility for Europe, the Middle East extending to Pakistan, and Africa including South Africa."

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