Danske Bank/Danica Pension, The Investment Association, RPMI Railpen Investments, Mercer, Buck Consultants, New City Initiative, Candriam Investors Group, Itaú UK Asset Management, Legal & General Pension Risk Transfer, Aon Hewitt, Macquarie Investment Management, HSBC Global Asset Management, Schroders, Rogge Global Partners
Danske Bank/Danica Pension – Tonny Thierry Andersen has been named director in charge of the newly formed Wealth Management division at Danske Bank. The bank decided in November to group its pension savings business and asset management operations into the single business unit, which officially began to exist at the beginning of this month. Danica Pension, Danske Capital and part of Danske Bank’s private banking activities are being included within Wealth Management, which will have more than DKK900bn (€121bn) in assets under management. Andersen took temporary charge of the new unit from November in addition to his responsibilities as head of the private banking division. He was head of personal banking since 2012 and will continue in this role alongside his new permanent job until a replacement has been found. Andersen has worked at Danske Bank since 1999 in different leadership roles, including CFO, and will remain as a member of the group board of directors, which he has been since 2006.
The Investment Association (IA) – Chris Cummings has been appointed chief executive. He succeeds Daniel Godfrey, who left the IA in October 2015. Guy Sears has served for the past five months as interim chief executive during the search process. After spending seven years as director general at the AIFA, the trade body for financial advisers, Cummings launched TheCityUK in June 2010. He is expected to join by the end of the third quarter of 2016.
RPMI Railpen Investments – Frank Curtiss, head of corporate governance, is to retire. He has had a number of roles over the years at Railpen, including working on private equity and later taking on responsibility for custody of assets, risk management and internal audit. His activities will be taken over by Deborah Gilshan, head of sustainable ownership, and her team.
Mercer – Robert Evans has been appointed as a principal on the Innovation, Policy and Research team in Mercer’s Retirement business. He joins from Buck Consultants, where he was part of the senior team. Before then, he worked at Towers Perrin in the UK.
New City Initiative – The association of 50 independent asset management companies from the UK and the Continent has appointed Jamie Carter as deputy chairman. Carter is also chief executive and one of the founding partners of boutique Oldfield Partners.
Candriam Investors Group – Andreas Wenk has been appointed head of global financial institutions. He joins from Itaú UK Asset Management, where he was head of wholesale and institutional for Europe. He will be based in Candriam’s subsidiary in Germany.
Legal & General – L&G’s Pension Risk Transfer business has appointed Matt Wilmington has director of strategic transactions. He joins from Aon Hewitt, where he was responsible for pension risk-management work across markets outside the UK, among other things.
Macquarie Investment Management – David Derger has been appointed head of Nordic sales. He joins from HSBC Global Asset Management, where he spent five years as a sales manager for the Nordic region. He has also worked as an investment consultant at Wassum.
Schroders – James Lindsay-Fynn has been appointed as a portfolio manager, focusing on rates and currencies, with the Fixed Income Global Multi-Sector team. He joins from Rogge Global Partners, where he was a partner and a global macro portfolio manager specialising in interest rates and currencies for global portfolios.