Railpen Investments has appointed industry veteran Angelien Kemna to its board in a bid to further strengthen its governance.

Kemna currently holds the position of chief finance and risk officer at €396bn Dutch asset manager APG, in addition to serving as a member of the organisation’s executive board.

She also served as CIO at APG until 2014.

Before then, she was chief executive at ING Investment Management Europe, and held a number of investment positions at Robeco Group.

She was also a professor of finance at Maastricht University.

Chris Hitchen, chief executive at RPMI, said he was “thrilled” Kemna had agreed to join the Railpen Investments board.

“I have always been a great admirer of Dutch institutions, and Angelien’s great personal experience and insight will be invaluable to us,” he said.

Paul Trickett, chairman of the Railpen Investments Board, added: “Welcoming Angelien to the team is another great step forward for us as a business as we continue with our Investment Transformation Programme.” 

RPMI and Railpen Investments, which has approximately £20bn (€26bn) in assets under management, run the Railways Pension Schemes on behalf of their parent, the Railways Pensions Trustee Company Limited.