Wednesday people roundup [updated]
Fondo Cometa, Candriam Investors Group, PIMCO, Bayside Capital, OECD Centre on Green Finance and Investment, PensionDanmark, Jupiter, Pioneer Investments, International Accounting Standards Board, RJ O’Brien & Associates, Citigroup Global Markets, Pemberton, ANZ Bank, Xerox HR Services, LCP
Fondo Cometa – Maurizio Benetti has been appointed president of Italy’s largest private pension fund, Fondo Cometa, the national complementary scheme for metal industry workers, by the fund’s board of directors. He succeeds outgoing president Annamaria Trovò. Bennetti has had long experience in the field of collective bargaining, corporate welfare and pensions, the fund said. Over the years, he has been head of studies at Italian metalworkers’ federation Fim-Cisl National, and was also a member of the Cometa pension fund’s executive board, as well as its deputy president from 2005 to 2008.
Candriam Investors Group – Elias Farhat has been appointed chief strategy officer. He started his career at Bain & Company in Paris and remained at Bain for 12 years. In 2002, he founded his own advisory firm, Velocity Advisors, to assist investors on their acquisitions. He was also a partner at Capital E Advisors, an asset manager with investments in thematic private equity, and has held various board and advisory positions in several companies.
PIMCO – Alice Cavalier has been appointed senior vice-president on the alternatives team, focusing on the analysis of stressed and distressed investments in Europe. Based in London, she joins from Bayside Capital, the distressed debt and special situations affiliate of private equity firm HIG Capital. Before then, she worked as an analyst in the leverage and acquisition finance department at Morgan Stanley.
OECD Centre on Green Finance and Investment – PensionDanmark chief executive Torben Möger Pedersen has joined the advisory board of the OECD’s new Centre on Green Finance and Investment. The centre aims to support the transition to a “green, low-emissions and climate-resilient” global economy by producing policy-orientated research and analysis on green investment and finance.
Jupiter – Alejandro Arevalo has been appointed to build the company’s emerging market debt strategy. He will join as a fund manager later this year from Pioneer Investments, where he has worked for four years as an emerging market corporate debt portfolio manager. Before then, he worked on emerging market debt strategies at Standard Bank Asset Management, Gibraltar Bank and the International Bank of Miami.
International Accounting Standards Board (IASB) – Sue Lloyd has been appointed vice-chair at the IASB. She has been employed by the IFRS Foundation since 2009. She was director of capital markets and senior director of technical activities before being appointed as a board member in 2014. She has experience in investment banking from the UK and Australia and is a former member of the Australian Accounting Standards Board.
RJ O’Brien & Associates – The Chicago-based futures brokerage and clearing firm has appointed Daniel Staniford as executive director, responsible for institutional business development in New York and London. Prior to joining RJO, Staniford spent 13 years at Citigroup Global Markets, serving most recently as managing director of rates sales.
Pemberton – The independent asset management group backed by Legal & General has appointed Ben Gulliver as portfolio manager. Before joining Pemberton, Gulliver spent four years at ANZ Bank as global head of credit training.
Xerox HR Services – Adam Michaels has been appointed as principal and senior investment consultant. He joins from LCP’s investment department, where he had been a partner since 2010, responsible for a portfolio of UK pension scheme clients and leading LCP’s research in real assets.