Wednesday people roundup
ATP, USS, IMI Pension Fund, NEST, HSBC Global Asset Management, Barings, CAMRADATA, Natixis, Omni Partners/CBFL, Franklin Templeton, Schroders, Generali Investments Europe, JP Morgan Asset Management
ATP – Bo Foged has been appointed group finance director at Danish pension fund ATP, replacing Lars Damgaard Sørensen, who left ATP earlier this month. Foged comes to ATP from the role of managing director at BankInvest Group, which he occupied since 2011. Before that, he was CFO at the asset manager from January 2009, having been CFO at Carnegie Bank prior to that. No date has been set for Foged’s start at ATP.
USS – Kirsten English is joining the trustee board of the Universities Superannuation Scheme (USS) as a new independent director. Most recently, English worked as a consultant to private equity firms focusing on financial technology and portfolio company operational improvement. She previously worked at Reuters for 16 years. English is replacing John Bull, who stepped down at the end of March after 10 years as an independent non-executive director on USS’s trustee board. Bull was deputy chairman of the trustee board, a role that will now be filled by Kevin Carter.
IMI Pension Fund – Greg Croyden has retired from his position as director of group pensions for IMI, the engineering firm, as well as his role as a company-nominated trustee and member of the investment committee. Croyden had been at IMI for more than 18 years, and was in his last role for just over a year. He was a trustee for the £1.2bn (€1.5bn) pension fund since 2006.
NEST – Tom Boardman has been named deputy chairman at the National Employment Savings Trust (NEST) Corporation. He has been a trustee member of NEST since 2010 and is a member of the trust’s audit and investment sub-committees. Previous roles in the pensions and insurance industry include director of retirement strategy and innovation at Prudential UK. Graham Berville has been appointed as a new trustee member of NEST. Both appointments will start on 1 June. Berville was chief executive of the Police Mutual Assurance Society until 2008 and is currently a trustee of Yorkshire Cancer Research.
HSBC Global Asset Management – Ernst Osiander has been appointed head of the global bond team in London. As part of the new role, he will also join the firm’s global fixed income management group. Osiander joined HSBC two years ago. Before that, he worked for FMS Wertmanagement, focusing on sovereign credit risk. Osiander reports to Xavier Baraton, global CIO of fixed income, and takes over from Guy Dunham, who left the firm for Barings.
Barings – Guy Dunham has been hired by Baring Asset Management (Barings) as head of global & aggregate. He will take responsibility for managing a range of global and aggregate portfolios for institutional clients, as well as being involved in managing global pooled bond funds. Dunham will be based in London.
CAMRADATA – John Buttress is joining analysis provider CAMRADATA as a specialist adviser to oversee its business in evaluating ESG risks for investors, investment consultants and asset managers. Buttress has previously worked at Royal Sun Alliance and Allianz.
Natixis – Ian Burn has been appointed global head of cash equity at Natixis, within its wholesale banking division. Burn will be based in London and report to Luc François, head of global markets at Natixis. He was previously at MainFirst Bank, and ING before that.
Omni Partners/CBFL – John Jenkins has been hired as chief executive of CBFL, the captive origination platform for Omni Partners’ lending business and the Omni Secured Lending Fund. He comes to CBFL from GE Capital, where he was chief executive for eight years.
Franklin Templeton – Kelsey Biggers has been named as the new head of performance analysis and investment risk (PAIR) at Franklin Templeton. He will oversee the global PAIR team, which comprises more than 100 staff across 19 locations. Biggers was previously head of risk at Franklin Templeton subsidiary K2 Advisors. He will report to Mat Gulley, executive vice-president and head of investment management strategic services for Franklin Templeton Investments.
Schroders – Marc Mayer has been hired as head of institutional for North America at Schroders. Mayer comes to Schroders from a role as chief executive at GMO. Before that, he worked at AllianceBernstein for 20 years in various leadership roles. Geoff Cheetham has been appointed head of UK institutional clients at Schroders. He comes to the firm from Blackrock, where he was most recently head of EMEA consultants. Cheetham will report to Miles O’Connor, head of European institutional.
Generali Investments Europe – Andrea Favaloro has been appointed head of sales and marketing at the asset management arm of Italy’s Generali Group. He was previously global head of external distribution at BNP Paribas Investment Partners. Antonio Cavarero is also joining as the new head of fixed income Italy. He comes to the company from Deutsche Bank in London, where he was senior inflation trader. Fabio Cleva has also been hired as deputy head of fixed income Italy, supporting Caverero. He joined the Generali Group in 2003 as fixed income manager.
JP Morgan Asset Management – Andy Seed has been appointed to lead client relationships for the UK defined contribution (DC) business. He will report to Simon Chinnery, head of UK DC, and be based in London. Seed was previously a director for KPMG DC Solutions, and before that worked at Deloitte and Mercer.