Wednesday people roundup
RPMI, ING IM, LCP, PIC, Russell Investments, Neuberger Berman, Multrees Investor Services
RPMI – Babloo Ramamurthy has joined the firm, which is wholly owned by the UK Railways Pensions Scheme, as a non-executive director to the board. Ramamurthy, who is also chairman at defined contribution master trust owner B&CE, brings decades of experience in the UK industry after 34 years with consultancy Towers Watson. There he was responsible for the company’s EMEA business, and was also on the board.
ING Investment Management – André van den Heuvel has been replaced as head of ING’s clients group and as a member of its management team. As of 1 March, he is to be succeeded by Gerard Roelofs, who is head investments for Continental Europe and the EMEA region at consultancy Towers Watson. In his new role, Roelofs will be responsible for the company’s client group internationally as it looks to float on the stock market later this year.
LCP – Myles Pink has joined the consultancy as a principal in its buyout practice. Pink was previously co-head of business development at specialist pensions bulk annuity insurer Rothesay Life. Pink originated as one of the founders of Paternoster before its incorporation into Rothesay. In a reversal of roles, Pink will be responsible for advising schemes conducting bulk annuities with specialist insurance providers.
Pension Insurance Corporation – Elliot Varnell and William Coatesworth are to join the bulk annuity insurer as head of enterprise risk management and head of risk, respectively. Varnell and Coatesworth both bring a wealth of experience to the roles, with knowledge and research on actuarial assumptions and Solvency II. Varnell is also chairman of the UK Actuarial Profession’s risk management research committee, while Coatesworth has authored several papers on the impact of Solvency II on infrastructure investment.
Russell Investments – Lee Clark has joined the firm as a portfolio manager in its transition management team. Clark joins from Northern Trust, where he operated in a variety of roles in transition management. He will be based in London, working on the EMEA market.
Neuberger Berman – Charles Soullard has been appointed to lead the fund manager’s efforts in France, as it seeks to address an increase in interest from the French market. Soullard joins from OFI Asset Management, where he was head of sales.
Multrees Investor Services – Sir Roger Gifford is to join the consultancy in a non-executive director position. The former Lord Mayor of London, and head of SEB UK, brings more than 30 years’ experience to the role. He was knighted in 2014 for services to international business, culture and the City of London.