JLT Employee Benefits, Willis Towers Watson, Aon Hewitt, 300 Club, Capita Employee Benefits, Fulcrum, FRC, Northern Trust, JOHCM

JLT Employee Benefits – The consultancy has established a new “cross functional knowledge group” dedicated to servicing local government pension schemes (LGPS) in the UK. The new LGPS Assurance Team is made up of eight individuals with expertise across all areas of pensions and experience of the public sector. The individuals and their responsibilities are:

  • Adrian Chapman, LGPS and public sector administration services director
  • Karen Scott, market development and client manager
  • Lorraine Harper, governance
  • Cameron McMullen and Nick Buckland, investment consulting
  • Steve Birks and Danny Snow, administration
  • Steve Jones, GMP reconciliation services and data services 

In addition, IPE has learned Andrien Meyers is to leave JLT at the end of the month and return to his previous role in charge of the London Borough of Lambeth’s pension fund and treasury. He will also work with the LGPS’ Scheme Advisory Board and government officials on the efforts to pool LGPS assets.

Meyers joined JLT last year and helped establish its service provision for LGPS pooling. This included a partnership with Alpha AMC, aimed at helping LGPS pools establish internal investment and operations capabilities. 

Willis Towers WatsonBibi de Vries has been appointed head of Benelux at the investment consultancy. She took up the role yesterday, and is responsible for setting the firm’s strategic direction for the Benelux and driving growth in the Belgian, Dutch and Luxembourg markets. and all Benelux markets. She succeeds Bart den Hartog, who is joining elipsLife in Zürich, Switzerland. De Vries had already been working at Willis Towers Watson since last year, when she joined as a senior consultant working in business development. She was previously a member of the Dutch Parliament from 1994 until 2006, and then spent nine years with Achmea, a Dutch financial services company. 

Aon HewittTiziana Perrella has been appointed to the consultancy group’s risk settlement group as a principal consultant. She joins Aon Hewitt after eight years with JLT Employee Benefits, where she was a principal and head of buyout services. Before this, Tiziana spent 10 years with Mercer. She started her career in the pensions industry at Prudential. She is a fellow of the Institute of Actuaries and has been active on several sub-committees within the actuarial profession, including as a member of the Medically Underwritten Bulk Annuities (MUBA) Working Group.

The 300 Club – The international investor thinktank has formally launched its North American chapter. Led by Chris Ailman, CIO of the California State Teachers Retirement System, the group has also added three new people to its membership: Ted Eliopoulos, CIO of the California Public Employees’ Retirement System; Sam Masoudi, CIO of the Wyoming Retirement System; and Russell Read, CIO of the Alaska Permanent Fund.

Launched in the UK by Hermes chief executive Saker Nusseibeh in 2011, the 300 Club is a group of investment professionals – predominantly asset owners – who publish thought leadership papers aimed at generating new thinking for various areas of investment and pensions management. Its current chairman is Stefan Dunatov, CIO of Coal Pension Trustees.

Capita Employee BenefitsAkash Rooprai has been appointed head of pensions risk management. He has over 25 years of experience through previous roles at Partnership and Mercer. He started his career down the actuarial path, before moving into bulk annuities. 

Fulcrum Asset Management – Charles Jewkes has been hired to the newly created position of director for global financial institutions. He will be responsible for building relationships with major insurers and banks, the asset manager said. He joins from Schroders where he was business development director focusing on insurance companies

Financial Reporting Council – The FRC, the UK’s audit watchdog, has appointed Mark Zinkula to its board. Zinkula is the CEO of Legal & General Investment Management, a role he has held since 2011. He replaces Elizabeth Corley, former CEO and now vice chair of Allianz Global Investors, from 1 April.

Northern TrustKatharine Morris has joined as head of sales for the group’s Global Fund Services business in the UK. She is responsible for promoting Northern Trust’s investment operations outsourcing, fund administration, and range of asset servicing solutions to UK asset managers. Morris joins from HSBC Securities Servicing where she was head of UK sales.

J O Hambro Capital Management – The London-based investment boutique announced this week that UK equities manager John Wood is to retire on 30 September this year. He joined the group in 2005 to launch its UK Opportunities fund, and has led it to top-quartile performance since inception. The management of this strategy will pass to his co-managers Rachel Reutter and Michael Ulrich.