TPT, Vidett, IPD, Invesco, Barnett Waddingham
Insurance & Pension Denmark (IPD) – Malene Bye Rasmussen has been appointed as head of EU affairs for the Danish pensions and insurance lobby group, to work in its Brussels office.
IPD said it was strengthening the staffing of the office because most financial regulation affecting the sector originated from the EU, and regulation had been increasing for many years – in terms of volume, complexity as well and the level of technical detail.
Brussels resident Bye Rasmussen has been working for the last 12 years at Insurance Europe, so has a thorough knowledge of the industry from an European perspective, and an “eminent” network in Brussels, IPD said. She is a trained lawyer from England, where she previously also worked in insurance law, the group said.
IPD also announced that at its general meeting, PFA chief executive officer Ole Krogh Petersen was elected as the new chair of its board, with Sampension CEO Hasse Jørgensen and Rasmus Werner Nielsen, CEO of insurance company Alm. Brand, voted in as vice-chairs.
Krogh Petersen takes over from AP Pension CEO Bo Normann Rasmussen, who has been chairing the lobby group’s board for the last 12 months.
Invesco – Molly Betournay has been appointed as director of ESG research. She joins Invesco from Clean Yield Asset Management, a Vermont-based investment advisory firm, where she served as director of social research and advocacy. In this role, Betournay led the firm’s ESG research and analysis of public equities, oversaw its proxy voting programme, and designed and implemented long-term shareholder engagement strategies across a range of ESG issues.
Betournay’s 19 years of experience also includes the roles of director of ESG and impact investing at Pathstone, head of US research at Vigeo EIRIS, and lead sustainability analyst at Impax Asset Management (formerly Pax World Funds).
In her new position at Invesco, Betournay will lead a team of seven ESG research analysts in supporting the firm’s investment teams. She will report to Glen Yelton, global head of ESG at Invesco.
Vidett – The UK-based professional trustee and pension governance firm is growing its teams in London, Birmingham and Scotland appointing three senior pensions professionals.
Shelly Moledina, a chartered financial analyst, joins as associate director in London and brings over 25 years of experience gained in house and with investment management firms. Her experience includes portfolio management and developing products and solutions for pension funds, as well as business development, training and ESG.
Prior to joining, Moledina worked at BAE Pension Fund for almost seven years, first as head of investment grade credit and later as chief of staff. She has also held senior positions at Legal & General Investment Management, Deutsche Asset Management and Gulf International Bank. She is a trustee for the Vincent Wildlife Trust and was part of The Pension Regulator’s Diversity & Inclusion Initiative.
Phil Williams joins in Scotland as associate director from Mercer, where he worked for more than 21 years, most recently as principal. At Mercer, he worked primarily in actuarial consulting to both trustees and corporates covering all aspects of defined benefit (DB) and defined contribution (DC) pensions including strategy, funding, investments and risk transfer.
Recently, Williams has focused on governance roles and represented Mercer on the CBI Scotland council. He is an associate of the Institute and Faculty of Actuaries.
Matthew Wickett joins the Birmingham office as a senior trustee consultant. With more than 25 years of experience in the pensions industry, the majority of his career has been in pensions administration for various adviser firms. Prior to joining Vidett he worked at XPS for over 17 years as administration manager. He has also worked at Deloitte Consulting and KPMG.
Wickett has built up a vast knowledge and skillset in both DB and DC schemes. His specialisms include guaranteed minimum pension (GMP) rectification, buy-ins, buyouts and other de-risking options, member communications, pensions management and trustee secretarial duties.
TPT Retirement Solutions – The workplace pension scheme has promoted Peter Smith to head of investment at TPT Investment Management (TPTIM), the firm’s fiduciary management arm for its DB Complete and DB Connect services.
He brings more than 16 years of investment experience to the role, having initially joined TPT in 2008 from HSBC. He is now responsible for the development of TPTIM’s investment strategy through the implementation of asset allocation decisions and providing portfolio oversight. Smith will report to Cliff Speed, the CEO of TPTIM.
TPTIM has also appointed Inês Cunha Pereira as responsible investment manager. She joins from Man Group where she was a stewardship manager for over five years. She has also held corporate governance and custom research positions at Institutional Shareholder Services.
In her new role, Pereira will oversee the implementation of TPT’s reiponsible Investment policies, ensuring alignment with regulatory requirements and the integration of RI considerations into all areas of the portfolio management process.
Barnett Waddingham (BW) – The firm has announced the appointment of two business area leaders: Rod Goodyer has been appointed as the new business area leader for investment consulting and Jane Ralph as the new business area leader for business development.
Goodyer has more than 20 years of actuarial and investment experience, having joined BW as a graduate in 2002. He became a partner in 2012 and was appointed to serve as interim head of investment consulting in 2021. Goodyer played an important role in the Work and Pensions Select Committee inquiry into ‘defined benefit pensions with liability driven investments’ and his resolute stewardship of the investment consulting team at this time helped safeguard BW’s clients from the unprecedented challenges experienced in the Gilt markets.
Goodyer currently leads a team of over 130 investment specialists working with more than 450 clients, managing combined assets in excess of £70bn.
Ralph has been at BW for more than six years. Initially recruited to lead the expansion of corporate clients in the midlands, her role evolved to a UK-wide remit across the full spectrum of the firm’s wider business services to corporates. With her extensive 30-plus years of consultancy experience ranging from listed global multinationals to small family-owned businesses, she has an in-depth understanding of the complex needs of a diverse range of clients.
Ralph’s new role as the head of business development will see her lead initiatives to drive business growth and play a pivotal role in shaping the future of services that the business offers to current and future clients with a real focus on both innovation and value.