UK - The Pension Protection Fund is looking to recruit a chief investment officer, a new role.

The move follows the appointment of new fund managers for its £305m (€446.3m) investment fund last month.

The PPF says in a job posting on its web site that the CIO "manages the investment functions of the fund whose assets are externally managed by a number of specialist fund managers".
"In doing so, he or she contributes to the achievement of the financial goals of the organisation."

The post commands a salary of around £75k (€110,000) plus benefits and pension.

The PPF says: "This is a challenging opportunity to be instrumental in the development, design and direction of a growing fund. You will be the cornerstone in the successful emergence of the PPF as a significant financial institution.

"Growing the investment capability and strategy to match the escalation of assets under management is key to this role."

The closing date for applications is April 10.

Earlier this week the PPF appointed 27 law firms to provide legal advisory services, while last month it named Peter Walker as its chief operating officer.