Wednesday people roundup [updated]
Pensions Infrastructure Platform, PwC, Elo, FIN-FSA, Bank of Finland, Investment Association, Aviva Investors, La Française, Carmignac, Legal & General Group, BH Global
Pensions Infrastructure Platform (PiP) – The investment manager developed by UK pension funds to invest in UK infrastructure has appointed Tony Poulter as chairman. He joins from PwC, where he was global head of consulting and before that head of project finance. He is also senior independent director at the Green Investment Bank and a non-executive board member at the Department for Transport.
Elo – Eeva-Liisa Inkeroinen, deputy chief executive of employers’ association Technology Industries of Finland (Teknologiateollisuus) has been elected as chairman of the board of Finnish pensions insurance company Elo. She has been on the board of Elo since the company was founded in 2014 from the merger of Pension Fennia and LocalTapiola Pension, and before that, was a director and member of the audit committee of LocalTapiola Pension. Ann Selin, president of the service sector trade union PAM, is to continue as the first vice-chairman of Elo’s board, while Antti Aho, executive director of Aava Medical Centre, has been elected as the second vice-chairman.
FIN-FSA – Samu Kurri has been appointed head of institutional supervision at the FIN-FSA, the Finnish Financial Supervisory Authority (Finanssivalvonta), for a five-year term. He will take up the role on 1 February. Kurri is succeeding Marja Nykänen, who is moving to the Bank of Finland, the central bank, to take up a post as member of the board. Kurri comes to his new head of department job at FIN-FSA from the Bank of Finland, where his role has been head of international and monetary economy policy, a post he has been in since 2009. Before that, he held several positions at the Bank of Finland and the European Central Bank.
Investment Association – Aviva Investors chief executive Euan Munro has joined the Investment Association board. The appointment follows the announcement in November 2015 that former board member, Invesco Perpetual chief executive Mark Armour, was to retire from Invesco at the end of last year.
La Française – The investment manager has reorganised its securities fund-management division, with Jean-Luc Hivert being appointed CIO of fixed income and cross asset, and Laurent Jacquier Laforge CIO of equity divisions. Hivert has been with La Française since 2001. Laforge is responsible for the SRI equity range offered by La Française, small-cap management and the monitoring of partnerships, such IPCM, an extra-financial research firm, Alger and JK Capital Management. He joined La Française in 2014, having before then been head of equities at La Banque Postale Asset Management.
Carmignac – The €51bn asset manager has appointed David Older as head of equities. He started at Carmignac as senior fund manager in 2015 and is now responsible for assessing and optimising alpha-generated returns. His responsibilities will extend to all segments of the US equity market, excluding commodities. At the same time, the French asset manager promoted Christophe Peronin as deputy director under Eric Helderlé. He will support Helderlé in managing the company’s strategic development committee, while retaining his responsibility for operational management and risk management.
Legal & General Group – Kerrigan Procter, chief executive at Legal & General Retirement (LGR), has been appointed group executive director of the company, with effect from 9 March. Kerrigan has been managing director at LGR since January 2013. He was previously head of solutions with Legal & General Investment Management.
BH Global – Julia Chapman has joined the board. In 1999, she was appointed general counsel to Mourant International Finance Administration. Following its acquisition by State Street in April 2010, she was appointed European senior counsel for State Street’s alternative investment business. In 2012, she left State Street to focus on the independent provision of directorship and governance services to a small number of investment fund vehicles.