Pensions-Sicherungs-Verein, UBS Asset Management, Transparency Task Force, Legg Mason, Standard Life Investments
Pensions-Sicherungs-Verein (PSV) – Marko Brambach will be joining the board of the €5.5bn rescue fund for pension schemes in Germany and Luxembourg as of 1 January 2017. He replaces Hermann Peter Wohlleben, who will be retiring at the end of December after more than 20 years of service for the statutory body. Brambach is general counsel at insurance company Talanx, and head of the legal and tax department for Talanx’ retail business in Germany. He holds several non-executive director positions at Talanx subsidiaries that provide workplace pension scheme solutions, such as HDI Pensionskasse AG and HDI Pensionsfonds AG.
Transparency Task Force (TTF) – Jackie Beard, director of manager research services, EMEA at investment research and rating firm Morningstar, has been named an Ambassador for the TTF, a campaign group aiming to increase transparency in the financial services, with a strong focus on fees. Beard has been at Morningstar since 2008.
UBS Asset Management - Tim van Duren has been appointed executive director, with responsibility for institutional sales in Benelux and Denmark. He joined from Schroders, where his most recent role was as product manager for insurance-linked securities.
Legg Mason – Andy Sowerby has been appointed head of Australia for the asset manager, with responsibility for building and managing the company’s local fund business there. Sowerby had been with Legg Mason affiliate Martin Currie for the past 11 years, as executive director for sales, marketing and client service. Before that he was at Investec Fund Managers. Sowerby replaces Annalisa Clark, who retired as head of Australia in July 2016.
Standard Life Investments – Marc Brammer and Sophie Rahm have been hired as responsible investment analysts. Brammer joins from Inflection Point Capital Management, having previously been at MSCI Inc, and Rahm joins from Schroders. They will report to Amanda Young, head of responsible investment.