Pension organisations gain new heads (amended)

EUROPE - Both the Irish Association of Pension Funds (IAPF) and the Association of Paritarian Institutions (AEIP) have named new heads for their organisations. (amends positions of AEIP appointments)

Jerry Moriarty, currently head of investigations and compliance at the Irish Pension Board, has been appointed to the new role of director of policy at the IAPF from July 2.

Outgoing chief executive Nora Finn, who earlier announced she will retire in July, said after five years the association has reviewed the structure of its management and decided to appoint a director of policy.

"We wanted to focus more on policy," Finn confirmed to IPE.

The Pensions Board has yet to name a successor for Moriarty.

The IAPF also said Patrick Burke, head of investment development at Irish Life Investment Managers, has now taken over from Joe Byrne, managing director of insurance group Coyle Hamilton Willis, as chairman of the IAPF board. The position is awarded for two years.

Burke, who had been IAPF vice-chairman, also succeeds Finn on the board of the European Federation for Retirement Provision (EFRP) after four years.

Elsewhere, Jacques Brossard from the second pillar foundation of the private bank Lombard Odier Darier Hentsch & Cie is taking over the AEIP presidency from Bernard Devy of the French supplementary pension scheme ARRCO.

Esa Swanljung, representing employees and TELA, the Finnish Pension Alliance, has also been named as vice-president and will become the next AEIP president in two years' time.

The organisation has also reported CWPS, the Construction Workers' Pension Scheme of Ireland, has joined AEIP as a full member. The scheme has an active membership in access of 93,000 construction workers and 9,450 participating employers.

CWPS was set up in 2006 to replace the Construction Federation Operatives Pension Scheme, which was first introduced in 1965 and became an observer member of AEIP since 2001.

AEIP represents social protection institutions active in the area of coordinated retirement schemes, pension funds, health and provident benefits and paid holiday schemes. Currently, AEIP has 28 members in 16 European countries.


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