Danish pension fund Pædagogernes Pension (PBU) has announced the appointment of its acting CIO since October in a permanent capacity, with the new investment chief vowing to maintain the same overall strategy.
The DKK110bn (€14.7bn) pension fund for early childhood and youth educators (pædagoger) said yesterday that Johannes Bill Ladegaard, who has been head of alternatives since the end of 2018, was now CIO.
He is filling the role previously occupied by Carsten Warren Petersen, who left the Copenhagen-based pension fund last autumn.
Sune Schackenfeldt, chief executive of PBU, said: “With Johannes as the new CIO, Pædagogernes Pension ensures both continuity, strong professionalism and broad support in the organisation.”
Ladegaard’s “solid risk background and deep understanding of Pædagogernes Pension’s investment DNA” had contributed to a disciplined and responsible approach to investments with a focus on long-term value creation, the CEO said.
PBU said Ladegaard saw his first task as CIO “to maintain a strategy that has already proven its worth”.
Ladegaard said: “The foundation is strong and is built on the hard work of many talented colleagues, and the direction is clear.
“When the strategy delivers competitive results over time, continuity is a clear strength. My task is to ensure that we continue the discipline that has created the results we see today,” he said.
PBU was the top-performing Danish pension provider in 2025 in terms of medium-term risk profiles where savers have 15 years to retirement, according to a ranking recently compiled by independent consultant Nikolaj Holdt Mikkelsen, with a 12.5% return.
