Pensioenfonds Vervoer, Northern Trust, Merchant Navy Officers Pension Fund, Financial Reporting Council, JP Morgan Asset Management, Buck Consultants, Legal & General Capital
Pensioenfonds Vervoer – Patrick Groenendijk, CIO of the Dutch transport sector fund, is set to join Northern Trust. His move will see him join the firm’s fiduciary management team. Groenendijk joined Vervoer in 2005 from Barclays Global Investors. He has also worked at metal industry fund PME.
Merchant Navy Officers Pension Fund – Bob Hymas has been appointed CFO, with responsibility for leading the financial and risk management operations for the group. He has worked at the MNOPF since April 2011 as risk and internal audit manager. Before then, he was a partner at Baker Tilly, where he worked with trustee boards to develop risk management frameworks and internal processes and controls. He is also chairman of the Pensions Research Accountants Group.
Financial Reporting Council – Sir Win Bischoff has been named chairman of the FRC, taking up his position on 1 May. The current chairman, Baroness Hogg, will remain with the regulator until then. Gay Huey Evans, who has been a director of the FRC since April 2012, has been appointed deputy chairman. She will also take up her role on 1 May after the current deputy chairman, Glenn Moreno, steps down.
JP Morgan Asset Management – Marion Mulvey has been appointed head of investment management operations for the EMEA region. He will also serve as a member of the global operations and European COO leadership team. She joins from Citigroup, where she was most recently product head for the EMEA alternatives fund administration business. Before then, she worked at Salomon Smith Barney and KPMG.
Buck Consultants – Phil Smith, current head of defined contribution, is to leave the company at the end of March. Smith, who joined the firm in 2001, is set to take up a role with accountancy and consultancy firm PwC. Before his role at Buck, Smith was marketing director at the Health Consulting Group. The consultancy said it hoped to announce a successor to Smith shortly.
Legal & General Capital – Martin Brookes has been appointed director of investment strategy. He joins from Prudential, where he has worked for 27 years. He has served as Prudential’s director of portfolio management for the last 14 years.