Aon, Federated Hermes, DNB, Pensions for Purpose, TPT, Eastspring Investments

DNBGita Salden will join the board of the Netherlands’ central bank and pension regulator DNB on 1 June to succeed Else Bos as head of pension supervision.

Salden, who will also be responsible for overseeing the activities of insurance companies, will join from BNG Bank, a government-owned bank for local governments. Before joinging BNG Bank in 2018, she worked for many years at the Dutch ministry of finance.

TPT Retirement SolutionsAdam Tudor has joined the firm as head of defined contribution (DC) distribution.

In his new role, Tudor will be responsible for the development of TPT’s DC sales strategy. As TPT enters an ambitious period for its growth, and its aspirations as a consolidator, the DC offering is a critical solution.

Tudor’s appointment comes at an exciting time for TPT, as he will play a key role in the launch of TPT’s new DC proposition, set to take place in the second half of 2024. The proposition will ease the process of retiring for members by simplifying the transition from accumulation to decumulation.

TPT will offer DC members access to a straightforward pathway that aims to provide a sustainable inflation-linked stream of income into retirement. It will be based on the principles of simplicity, low cost, and remove the need for members to have to take complex, advised decisions.

The offering will form part of a digital solution with tools to make retirement choices clear and easier to understand.

Tudor has extensive experience across both pensions and financial services, and his expertise is a key asset for TPT’s plans for innovation. Prior to joining TPT, he served most recently as head of business development at Smart Pension, a position he held for over five years.

He was also business development manager at NOW, and business development manager at HSBC retirement services. Tudor will report to Nicholas Clapp, commercial director.

Pensions for Purpose – The independent membership organisation helping pension funds invest for impact has appointed Kevin Jones as non-executive director (NED).

Jones serves as director of risk and general counsel at Brunel Pension Partnership Limited, where he is responsible for the legal aspects of transitioning over £30bn of client assets into the firm’s management, establishing significant investment portfolio legal structures and managing legal relationships and risk.

In addition to his 30 years of expertise as a corporate lawyer, Jones brings to the NED position his experience in guiding boards across various sectors on the legal principles of implementing their strategies. His knowledge in risk management, legal frameworks and impact investments will be invaluable to Pensions for Purpose.

Federated Hermes – The firm is strengthening its real estate debt team with the appointment of Paul Robinson as director, origination and structuring.

With more than $2bn of assets under management, the private credit division of Federated Hermes provides investors with unrivalled access to the leading loan opportunities in Europe across both direct lending and eeal estate debt investment strategies.

In this newly-created role, Robinson will report to Vincent Nobel, head of asset based lending, and will be responsible for driving the origination of lending opportunities, and design of customised loan structuring to ensure income capture and to deliver stable and consistent income distributions to investors over the long term.

Robinson joins having previously headed up the underwriting teams at Trimont Real Estate Advisors and Hudson Advisors. Prior to this he held roles within the commercial real estate businesses of banks including Lloyds, Hypo Real Estate and Anglo Irish, having started his career at GE Capital.

AonAlok Mathur is joining the firm as chief operating officer for human capital. He will be based out of Aon’s London office, reporting to Mindy Simon, chief operating officer for Aon, and Lambros Lambrou, chief executive officer of human capital for Aon.

As COO for human capital, Mathur will work closely with the Aon Business Services (ABS) leadership team to develop strategies to better serve clients and scale innovation for the firm’s human capital business. He will also develop a high-level operating model and portfolio strategy inclusive of digital product enablement and product vision that ties to the overall global Aon and ABS strategic goals and direction to serve human capital leaders.

“With over 20 years of experience in the industry, Alok is well positioned to deliver operating model efficiency and profitability improvement programs across our Human Capital business,” said Simon.

Eastspring Investments – The asset management business of Prudential has appointed Vis Nayar as chief investment officer, effective 3 June 2024.

Based in Singapore, he will report to Eastspring’s chief executive officer Bill Maldonado and will join the Eastspring executive management committee.

Nayar has led global and regional investment franchises and joins from HSBC Asset Management where he spent the past 25 years, most recently as global CIO for equities overseeing the global active equity business. Prior to that, he was the European and UK CIO and before that, the global head for quantitative equity research and head of systematic equities.

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