People moves: Redington’s chief to step down

Redington – Sylvia Pozezanac, the firm’s chief executive officer, is stepping down and moving back to New York.

In a LinkedIn post, she said she was handing over the “Redington CEO reins” to David Piltz, UK CEO of Gallagher Benefit Services.

“The year 2024 was a momentous one for Redington. We celebrated our strongest financial year since our founding, and, in October, following our successful exit from private equity ownership, we became a Gallagher company,” she wrote.

As the firm continues on its integration journey with Gallagher UK, Redington has appointed Nick Lewis and Tara Gillespie as its new co-head, investment consulting, and co-head, investment portfolio solutions, respectively.

Lewis has been with Redington since April 2014, where for the past couple of years he has been managing director, investment consulting. Before joining Redington, he was an associate investment consultant at Aon.

Gillespie joined Redington as head of global assets in December 2021 and before that was an investment director at Artermis Investment Management. 

Redington’s new structure reflects its “ongoing commitment to deepening expertise and strengthening client partnerships”, it said, adding that both appointments bring a “wealth of experience, fresh perspectives, and a shared passion for delivering outstanding outcomes for our clients”.

This structure has been developed in close collaboration with Patrick O’Sullivan, who, after seven successful years as head of investment consulting, has chosen to evolve his role. His deep expertise and client-first mindset will now be even more focused on ensuring our clients receive the highest quality advice and support, while also helping to shape the next generation of consultants.

Rabobank Pensioenfonds – Loek Sibbing has been appointed president of the Rabobank pension fund as of 1 July.

Sibbing, who served as non-executive president of the civil service scheme until the end of last year, succeeds Theo Camps.

Previously, Sibbing served as director of Univest, Unilever’s in-house asset manager, and the Dutch Unilever pension fund.

Fonchim – The Italian pension fund for the chemical sector has appointed Massimo Guerranti as president and Marco Colatarci as vice president.

Guerranti, a manager at the union representing employees in the energy, fashion, chemical industries (FEMCA CISL), is also a board member for the pension fund for employees in the ceramic and refractory materials industries, Foncer, and for Fondenergia, the pension fund for employees in the energy sector.

Fonchim’s newly elected duo will hold their positions for the period 2025-2028.

LGPS Central – Nemone Wynn-Evans has been appointed as non-executive director and chair elect of the board.

Wynn-Evans will succeed Joanne Segars when her term of office ends after eight years as chair at the end of October.

Wynn-Evans brings extensive leadership experience in financial services and energy sectors, having held chair and non-executive roles at multiple regulated and listed entities. She is currently chair of Hinckley & Rugby Building Society and holds directorships at Redmayne Bentley and Gresham House Income & Growth VCT.

Wynn-Evans will formally take up the chair role on 1 November 2025, subject to regulatory approval. Until then, Segars will continue to serve as chair, “providing continuity and leadership through a pivotal period for the company”, LGPS Central said.

Segars has played a vital role in the development of LGPS Central, having chaired the board since its inception in 2018. Under her leadership, the investment pool has “established itself as a trusted and transparent steward of local government pension assets, with a strong governance framework and a clear sense of purpose”, it added.

People’s Partnership – The provider of the People’s Pension has appointed a chief risk officer to help oversee its rapid growth and transformation.

José Morago joins one of the UK’s fastest growing asset owners from Allianz UK, where he led the risk function within the personal lines and speciality businesses. His career has also seen him hold senior risk executive positions at the Financial Conduct Authority (FCA), Aviva Group and Ageas UK, among others, and has seen him work across Europe and the US.

Morago joins People’s Partnership, which serves seven million pension savers and manages more than £30bn in assets, during a period of significant change for the industry following the launch of the Pension Schemes Bill last month.

The appointment means Morago will oversee the organisation’s risk and compliance functions, playing a pivotal role in guiding the business through a dynamic and evolving pension landscape.

Ninety One – David Knee has been appointed as head of multi-asset. Knee, who will take up the role towards the end of 2025, will draw upon his more than 30 years of experience to oversee Ninety One’s multi-asset teams.

Knee has held senior investment leadership positions and managed multi-asset and fixed income portfolios across South Africa and the UK, and most recently held the position of co-deputy CIO for fixed income at M&G Investments in London. Prior to that, he was the CIO at M&G Investments Southern Africa from 2016.

In addition to Knee’s appointment, Ninety One also announced the promotion of Rehana Khan to co-head of South Africa equity and multi-asset, alongside Hannes van den Berg.

As part of the increased collaboration with the multi-asset team, Khan will also join the global strategic managed portfolio management team, to which she will bring her considerable specialist equity expertise. Khan formerly worked with Knee at M&G Investments Southern Africa, prior to joining Ninety One in 2020.

Aon – Jonathan Hawkins is joining the independent trustee board of The Aon MasterTrust. He is recognised in the pensions industry as a fintech expert and has more than 25 years of experience in financial services, pensions administration, platforms and business technology.

He is the EMEA propositions lead for Bravura Solutions, where he designs and implements industry-critical solutions. He has worked extensively on the Pensions Dashboards Programme, is a board member of the Pensions Administration Standards Association and has been involved in multiple industry groups.

The other members of The Aon MasterTrust board are the chair, Kim Nash of ZEDRA Governance, Jenny Davidson of BESTrustees, Keith Scott of Law Debenture Pension Trustees and Paul Macro.

Partners Group – The asset management firm is further strengthening its Infrastructure business with the appointment of Stéphane Tetot as managing director. He will be based in London.

At Partners Group, Tetot will play a leadership role within the firm’s Infrastructure business and report to David Daum, partner and head of infrastructure Europe.

The new appointment is in line with Partners Group’s focus on sourcing transactions across the digital infrastructure, energy, and transportation sectors, which reflects the firm’s broader investment themes, the firm said.

Tetot has more than 15 years of industry experience. Prior to joining Partners Group, he was a managing director at BlackRock, responsible for originating, executing, and managing renewable power investment opportunities in Europe. As part of this role, he led multiple transactions across a wide variety of industries and held board positions at Ionity, Renner Energies, and Envirya.

DWS – The firm has appointed Benjardin Gärtner as global head of equities, effective 1 September.

He joins from Union Investment, where he was managing director of Union Investment Privatfonds GmbH since March 2023 and headed Union Investment’s equity portfolio management since 2015.

In his new role, Gärtner will take on responsibility for DWS‘ global equity platform, including the leadership of over 70 investment experts and €107bn of assets under management.

The former global co-heads of equities, Andre Köttner and Thomas Schüßler, along with the head of equities in the US, David Bianco, will become part of his leadership team. Gärtner will report to Vincenzo Vedda, global CIO at DWS.

Fondenel – The pension fund for the managers of Italian energy company Enel has elected Ferdinando Porfidia as its new president, and Lorenzo Pinardi as vice president.

Francesco Mancino was also confirmed as general manager, while Giuseppe Tralongo takes on the role of president of the board of auditors.

All appointments will be for the three-year period of 2025-27.

Brightwell – The comprehensive service provider for defined benefit (DB) pension funds, has appointed David Fripp as a non-executive director.

His experience in pensions, investments and governance spans four decades, having most recently served as a senior partner in KPMG’s pensions and investment advisory practice. During his tenure, he led multidisciplinary teams advising FTSE 100 companies and large pension funds on funding strategies, investment structuring, and risk management frameworks.

Following his retirement from KPMG in 2016, Fripp has held several high-profile positions, including as a trustee director of the Imperial Tobacco Pension Fund and chair of the Harrods Group Pension Plan.

Fondazione Enasarco – The Italian pension fund for sales representatives has appointed Patrizia De Luise as president, the first woman in the 87-year history of the pension fund to hold that post.

De Luise was elected following the dismissal of former president Alfonsino Mei for allegedly violating the pension fund’s code of ethics. Mei has rejected the accusations.

Enasarco has also appointed Giuseppe Capanna and Paolo Armenio as vice presidents, while extending the mandate of Antonio Buonfiglio as general manager.

Pensioenfonds Horeca & Catering – Anne Kock has joined the board of the pension fund for the Dutch hospitality industry. She will be a member of the fund’s investment commission.

According to Horeca & Catering, Kock “is well aware of the challenges facing the pension sector”.

Kock is also a member of the board of multi-sector scheme PGB. Between 2011 and 2020, she worked for pensions regulator DNB.

VBV Vorsorgekasse – The provident fund of the VBV group in Austria has appointed Alexandra Reinagl as chair of its ethics advisory board.

Reinagl is managing director of Wiener Linien, Vienna’s municipal transport company. The fund’s ethics advisory board carries out analyses and makes recommendations regarding ethical and sustainable criteria in the pension fund’s investment decisions.

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