People moves: Amundi appoints responsible investment chief [updated]
Amundi, Pensioenfederatie, AMG, The People’s Pension, Church of England Pensions Board, PIC, AFM, PWRI, Schroders, Willis Towers Watson, Wells Fargo Asset Management, Syntrus Achmea Real Estate & Finance, Man Group
Amundi – Europe’s largest asset manager has created a chief responsible investment officer role and appointed Stanislas Pottier to the position. A spokeswoman told IPE that Pottier would oversee ESG analysis, commitment and voting policy, as well as enhancing the Amundi group’s ESG offering. He will report to Pascal Blanqué, CIO, and has also been appointed to the executive committee.
Pottier was most recently global head for sustainable development at Crédit Agricole and a member of the group’s management committee. Before joining Crédit Agricole in 2011 Pottier was special adviser to Michel Rocard, former prime minister and ambassador of France, on international negotiations about the Arctic and Antarctic poles.
He is also a former special adviser to Christine Lagarde when she was the French minister for the economy, finance, industry and employment, and was her chief of staff when Lagarde was trade minister.
Pensioenfederatie – The Dutch Pensions Federation has nominated Shaktie Rambaran Mishre as its new chair, succeeding Kick van der Pol, who is to step down in December. He has chaired the industry organisation since its inception in 2009.
Rambaran Mishre is a lawyer and business manager and works as board adviser at Culture Consultancy. Prior to this, she worked at insurer Delta Lloyd, worker insurance provider UWV and the Rotterdam School of Management.
Since 2005, she has been an adviser for ethical issues, governance, compliance, risk management and strategy at KPMG. She is also a tutor at Nyenrode Business University as well as a member of the supervisory board of insurer Univé.
The Pensions Federation declined to provide details about the nomination of Rambaran Mishre, who is relatively unknown in the pensions sector. It said it didn’t want to comment in advance of the vote at its member council on 12 June.
Affiliated Managers Group (AMG) – The global asset management company announced this week that Nathaniel Dalton had taken over as chief executive officer, succeeding Sean Healey. Healey has become executive chairman.
The company said Healey had been diagnosed with amyotrophic lateral sclerosis, and would pursue treatment while continuing to play an active role at AMG.
Dalton is one of the founders of AMG, starting as general counsel in 1996. He became chief operating officer in 2006, and was named president in 2011.
AMG is parent company to a number of boutique investment companies, including AQR, Winton, Pantheon and Veritas Asset Management.
The People’s Pension – The UK defined contribution (DC) master trust has appointed David Maddison to its board of trustees, replacing Ruston Smith. Maddison is scheme managing director at RPMI Railpen, the industry-wide pension fund for the UK railways sector. His tenure begins on 1 June. Smith, chair of Tesco’s DB and DC schemes, steps down after a two-year spell on the master trust’s trustee board.
Steve Delo, chair of trustees, said Maddision’s “energy, expertise and experience will help ensure that we continue to provide excellent value for money for our members”.
Church of England Pensions Board (CEPB) – Adam Matthews has been appointed as director of ethics and engagement for the £2.3bn (€2.6bn) investor. The Pension Board said the appointment reflected its “determination to become a leading global pension fund in terms of both ethical and responsible investment”.
Matthews was previously the church fund’s head of engagement, having joined in 2014. He will continue to co-chair the Transition Pathway Initiative, a carbon emissions monitoring and measuring body set up by the CEPB, Church Commissioners and the Environment Agency Pension Fund.
In addition to Matthews’ new role, the CEPB and Church Commissioners have named Stephen Barrie as acting secretary of the Ethical Investment Advisory Group. The joint voting and screening function shared by both investors is to be hosted by the Church Commissioners with Sheila Stefani transferring to the Commissioners. Carlota Garcia-Manas has also joined the Church Commissioners to aid this function.
Pension Insurance Corporation (PIC) – The specialist insurer of defined benefit (DB) pension funds has appointed Dominic Veney as chief actuary. He takes over from Jim Collins and is responsible for leading the actuarial team at PIC. He will also deputise for chief financial officer Rob Sewell as appropriate, PIC said. Veney joins from PwC where he led the company’s UK actuarial team.
AFM – Jos Heuvelman has been appointed as a trustee at Dutch communication supervisor AFM, responsible for supervision of the consumer market. He joins from pensions watchdog DNB, where has was supervisory director and member of the team supervising large European banks, including ING.
In addition, Hans van Beusekom has started in a position tasked with enhancing the AFM’s expertise on data-driven supervision. Between 2003 and 2010 he was head of strategic analysis and supervision of financial institutions at the AFM. Since then, he ran consultancy Clear Conduct, which advised international regulators on data-driven supervision.
Heuvelman and Van Beusekom take over the tasks of AFM board member Femke de Vries, who has joined consultancy &Samhoud.
PWRI – Aldert Boonen has started as trustee at PWRI, the €8.8bn pension fund for disabled people working in a sheltered environment. He succeeds Albert Vink, who was a board member since 2013. Boonen, who represents trade union FNV, will also become a member of the scheme’s communication and audit committee.
Schroders – Karine Szenberg has been promoted to the newly created role of head of Europe at the £447bn asset manager, although she will also be responsible for the Middle East. Szenberg joined Schroders as head of France in 2014. The company said continental Europe represented 23% of its global assets, having been its fastest growing region in the past five years.
Willis Towers Watson – Evelyn Schilter is the new head of legal retirement for the consultancy in Switzerland, effective from tomorrow. She will lead a five-strong team. She joins after a 13-year career at Swiss law firm Niederer Kraft Frey AG, and also worked for five years at the Schindler Group.
Wells Fargo Asset Management (WFAM) – The fund management group has hired a trio of investors from Schroders. Eddie Cheng has joined as head of international portfolio management within the multi-asset solutions team, reporting to Nico Marais, president and head of multi-asset solutions.
Chenfei Ma and Stephane Renevier have also joined the same team from Schroders, Ma as an investment analyst and Renevier as a portfolio manager.
SAREF – Syntrus Achmea Real Estate & Finance has named Edvard van Luijn as director of acquisition and development as of 1 July. Van Luijn joins from Altera Vastgoed where he has been head of acquisition for the past six years. Prior to this, he worked at ING Real Estate Development for 13 years, latterly as director of acquisition and sales.
Man Group – The listed asset manager has hired Teun Draaisma as portfolio manager to help develop a new multi-asset strategy. He joins from BlackRock where he was a global equity strategist. He has also worked at TT International and at Morgan Stanley, where he worked with Ben Funnell, now also a portfolio manager at Man Group, and the pair will develop the multi-asset strategy together.