NETHERLANDS – MN Services’ head of legal and fiscal affairs, Willem-Jan Pelle, is moving on after 11 years with the pension management company.

Pelle told IPE that there was no disagreement with MN and that he was looking forward to starting something new. He is currently on ‘gardening leave’ and declined to say where he was going.

Pelle’s departure follows a change to MN’s management structure in June which saw Wouter Pelser named as co-head of asset management in a bid to enhance efficiency.

With assets under management of €26.5bn, MN is the third largest manager of pension assets in the Netherlands.

Earlier this year MN’s former head of international real estate Erwin Stouthamer, set up his own firm called Composition.