OFT, SPF, Kyrkans Pensionskassa, NOW: Pensions, Nikko Asset Management, PineBridge Investments, Ownership Capital, EDHEC-Risk Institute, Old Mutual Global Investors, Montae, CCL
OFT – The UK Office of Fair Trade (OFT), an independent public body charged with monitoring markets, has created a project board to oversee the audit of legacy insurance defined contribution schemes. Carol Sergeant will independently chair the board, joined by Ed Smith from the OFT. Regulatory bodies, The Department for Work & Pensions, The Pensions Regulator and the Financial Conduct Authority are represented by Bridget Micklem, interim head of private pensions, Andrew Warwick-Thompson, executive director for DC, and Nick Poyntz-Wright, director of pensions. Accompanying them are National Association of Pension Funds and Association of British Insurers chief executives Joanne Segars and Otto Thoresen. In addition, chief executive Michelle Cracknell will represent public service body The Pensions Advisory Service, while David Hare joins from the Institute and Faculty of Actuaries. Doug Taylor, a consultant and member of the Financial Services Consumer Panel, also joins.
SPF – Kees Linse has stepped down as independent chairman of the €12.6bn railways pension fund SPF after taking up the job on 1 July 2013. He said chairing the SPF took more time than he had available. Linse is chairman of the supervisory board at the €90bn asset manager MN and the technological research institute TNO, as well as a member of the supervisory board of Akzo Nobel and MRC Global. SPF said deputy chairman Gerard Groten had taken over Linse’s tasks temporarily.
Kyrkans Pensionskassa – Anders Granberg, chief executive of the Swedish church pension fund, Kyrkans Pensionskassa, is stepping down from his role in June. He will continue working for the church in a different capacity in a different department that includes the IT and real-estate functions. The recruitment for a successor is underway at the SEK12bn (€1.3bn) fund.
NOW: Pensions – The multi-employer trust has appointed Gill McClelland as national partnership manager in the field sales team covering Scotland and Northern Ireland. She has more than 30 years’ experience in the pensions industry, gained with Aegon and Legal & General, where she undertook a variety of sales and management roles.
Nikko Asset Management – Alex Shaw has been appointed head of EMEA sales and marketing, a newly created position. He joins from Cambridge Strategy, and previously was managing director for the EMEA at Arden Asset Management. Before then, he held senior positions at GAM and Mercury Asset Management.
PineBridge Investments – The global multi-asset class manager has appointed Mandy Adamou as senior vice-president responsible for Global Consultant Relations. She joins from Amundi Asset Management, where she managed its global consultancy business. Before then, she worked at Aegon Asset Management, Wellington Management and Morley Fund Management.
Ownership Capital – Amsterdam-based investment management firm has appointed Peter Veldman as COO. He joins from Cyrte Investment, a subsidiary of Delta Lloyd Asset Management, where he was COO. Before then, he worked at ABN AMRO Asset Management, and an internal auditor at the Dutch regulator.
EDHEC-Risk Institute – The institute has appointed two new members to its international advisory board. The new members are Brad Holzberger, CIO at QSuper, and Yuan Zhou, chief strategy officer at China Investment Corporation (CIC).
Old Mutual Global Investors – Paul Emerton has been appointed head of UK stewardship and governance. He has nearly 25 years’ experience advising pension funds and fund managers on shareholder engagement. He joins from Schroders, where he was head of governance.
Montae – Pensions adviser Montae has appointed Margriet Adema as partner for governance. She has been working at Montae as a senior consultant for governance and pension contracts since March 2010.
CCL – The international regulatory consultancy has appointed Alan Leale-Green, previously Aberdeen Asset Management’s global head of compliance-front office risk, as managing director of its UK operation.