Insight Investment, Aegon Asset Management, Insurance and Pensions Denmark, SBB/MoreB, Dalriada, AMAS, Generali Investment Partners, AllianceBernstein
Insight Investment – Colm McDonagh has been appointed as chief executive officer of the asset manager’s Irish business, which has responsibility for providing EU-domiciled clients with portfolio management services.
He has been at Insight for more than 12 years, having joined as head of emerging market fixed income in 2008.
His day-to-day portfolio management duties have been transferred to existing members of the emerging markets fixed income team, although he retains oversight of Insight’s EMD team and business and will continue other aspects of his previous role.
Abdallah Nauphal, Insight CEO, said: “This latest appointment further increases the scale and expertise of our Irish business as we build our solutions capability to support our clients in the EU. Colm’s long-term knowledge of Insight and investment experience adds to the strong operational and governance framework that we have built in Ireland and supports our future expansion plans as we seek to build on our successes to date.”
Charles Farquharson, the outgoing CEO of Insight Investment Management (Europe) Limited, has stepped down having recently announced his plans to retire after more than 15 years holding several senior leadership roles at Insight.
Aegon Asset Management – Karin Roeloffs joined Aegon Asset Management on 1 December as its new head of fiduciary management. In the newly created role, she will be responsible for furthering the asset manager’s fiduciary management activities in the Netherlands.
From 2011 until 2018, Roeloffs worked as a partner at Mercer. Her responsibilities there included advising Dutch pension funds on their investments. Prior to joining Mercer, Roeloffs worked for three years at APG as head of client relationship management. Until recently, she was also a member of the supervisory board of pension fund STAP.
Insurance and Pensions Denmark (IPD) – Per Geckler Møller has been appointed as the new director of public affairs and communications at Danish pensions and insurance lobby group IPD. He replaces Jacob Winther, who left the organisation at the end of October by mutual agreement with chief executive officer Kent Damsgaard, after IPD decided to implement new ways of working under its new directive ‘Insurance & Pensions Strategy 2025’ according to Damsgaard.
Geckler Møller joins IPD from his current role as deputy director at the Confederation of Danish Industry (Dansk Industri), where he was responsible for its press department and media as well as its relationship with political stakeholders, according to IPD. IPD said he would also join the organisation’s executive board, becoming part of its management team and will take up the new role by 1 February 2021.
Asset Management Association Switzerland (AMAS) – Adrian Schatzmann is replacing Markus Fuchs as CEO of the Swiss asset management association, formerly known as the Swiss Funds & Asset Management Association (SFAMA). He will take up his position on 1 January.
Schatzmann founded Clear Minds Investment and has been its managing director since 2017. He has also been active in various advisory functions, incluidng at the Swiss Bankers Association.
He pledged to step up dialogue with the public and politicians. “Promoting sustainability in asset management is a major concern for me personally,” he said, adding that he did not only mean considering ESG criteria but also the long-term safeguarding of Switzerland’s social welfare institutions, in particular the occupational pension scheme.
Fuchs has been CEO of the association for eight years. For the time being, he will continue to provide it with operational support.
SBB/MoreB – Markus Hübscher, ex-CEO of SBB, the Swiss railways pension scheme, is setting himself up as an independent, making his experience available for boards of directors, investment committees or as an adviser. The company he is setting up is called MoreB. Hübscher’s position at the SBB Pensionskasse ended at the end of November. He has been replaced by Iwan Lanz.
Dalriada Trustees – The professional trustee services firm has announced the appointment of Tiziana Perrella as a professional trustee. She joins from Aon where she was a principal consultant in its Risk Settlement Group. She has more than 20 years of experience in providing endgame advice to trustees and sponsors of defined benefit schemes of all sizes.
Perrella will act as a professional trustee for Dalriada assuming a portfolio of appointments but also supporting other professional trustees in its team in relation to bulk annuities and transfers to consolidators.
Generali Investments Partners (GIP) – The Italian firm has appointed Stephan Bannier as new head of DACH sales. In this new position Bannier will be responsible for expanding GIP’s distribution capabilities in the German, Austrian and Swiss markets, giving a strategic contribution to the further enhancement of its multi-boutique strategy.
Bannier, whose appointment will be effective as of 1 January 2021, will report to Tim Rainsford, global head of sales at GIP. With more than 20 years of experience in asset management, both in distribution and product development, Bannier will bring his expertise to further expand GIP’s business in German speaking Europe.
He joins from multi-boutique provider Legg Mason Global Asset Management, where he was country head for Germany and Austria and responsible for the implementation of the business strategy and customer relations.
AllianceBernstein – Onur Erzan will join AllianceBernstein as head of global client group, effective 4 January 2021. In this role Erzan will be responsible for all client services, sales and marketing, as well as product strategy, management and development worldwide. He will report to Seth Bernstein, president and CEO.
Erzan joins AB from McKinsey where he is a senior partner and co-leader of the firm’s wealth management and asset management practice. In addition, he co-leads McKinsey’s Banking and Securities Solutions (a portfolio of data, analytics and digital assets and capabilities) globally.
He has spent nearly two decades at McKinsey developing deep client relationships and overseeing a significant portfolio of clients, including asset managers, wealth managers, banks, private equity firms, hedge funds and insurance companies.
“We are confident that Onur will bring a valued perspective on strategy and growth, and his broad viewpoint will help AB plan for change in our industry,” said Bernstein.
Erzan will succeed Robert Keith, current head of global client group, who will assume an advisor role in January and retire from AB on 30 June 2021. During that time, Keith will ensure a smooth transition of leadership in the client group, with limited disruption to clients.