Skagen, Norges Bank Investment Management, APG Group, Lithuanian Financial Markets Institute, European Commission, DG ECFIN, Alcentra, PIMCO, Muzinich & Co, KB First Pension Company, Sociale Verzekeringsbank, Pensions Infrastructure Platform, Lloyds Banking Group Asset Management, AEW, DTZ, Erste Asset Management
Skagen – Norwegian asset manager Skagen has named Norges Bank Investment Management’s (NBIM) Øyvind Schanke as its next chief executive. Schanke is CIO for asset strategies at NBIM, where he oversees equity and fixed income portfolios for the NOK7.3trn (€802bn) Government Pension Fund Global. He will start in his new role from 1 February 2017.
APG Group – The €444bn APG Group has appointed Dick van Well as a member of its supervisory board (RvC). Van Well has more than 35 years of experience in management and board positions at building company Dura Vermeer, where he has been executive chairman. He is a member of the RvC at Dura Vermeer, gas and power grid manager Stedin Netbeheer and Multi Corporation, a developer, owner and manager of shopping centres.
Lithuanian Financial Markets Institute (LFMI) – Marijus Kalesinskas has joined the LFMI as chief executive. He succeeds Gerda Žigienė, who had returned to her academic career but remains a senior adviser on academic matters at LFMI. Kalesinskas has previously worked in various managerial and specialist roles in several financial and other institutions, including the Bank of Lithuania, MC Wealth Management, SEB, Swedbank, ISM University of Management and Economics and the Lithuanian Association of Pension Fund Participants.
European Commission – Kerstin Jorna has been appointed deputy director-general in the Commission’s department for Economic and Financial Affairs (DG ECFIN). Taking up her new position on 16 December, she will be in charge of the European Fund for Strategic Investments (EFSI), the fund at the heart of the Commission’s Investment Plan for Europe. Jorna joined the Commission in 1990, rising to head of cabinet for internal market and financial services commissioner Michel Barnier, and then a director in 2012. She is director for Single Market Policy, Regulation and Implementation in the Commission’s department for Internal Market, Industry, Entrepreneurship and SMEs.
Alcentra – The alternative fixed income manager has appointed Nicholas Pont as managing director and senior institutional marketer. He joins from PIMCO, where he was head of UK and Ireland business development. Sam Morse has been appointed executive director and institutional marketer for the UK. He joins from Muzinich & Co, where he was sales director.
KB First Pension Company – Macedonia’s KB First Pension Company is now being run by Vesna Stojanovska, general manager and president of the management board, and Filip Nikoloski, member of the management board. Former head Janko Trenkoski has left the pension fund to run his own business, R3 Infomedia.
SVB – Ruud van Es and Coen van de Louw have been named as members of the executive board of the Sociale Verzekeringsbank (SVB), responsible for the payment of the Dutch state pension AOW. Van Es has been working in several positions for the SVB since 2005, while Van de Louw has been head of inspection at the Social Affairs Ministry, a director for work and income in Amsterdam and unit head at the Dutch Inland Revenue.
Pensions Infrastructure Platform – Paul Gill has been recruited as an investment manager, having previously worked at Lloyds Banking Group Asset Management as an associate director, specialising in infrastructure and energy.
AEW – Hans Vrensen has joined as European head of research and strategy, based in London. Vrensen was global head of research at DTZ from 2009 to 2015. Prior to joining DTZ in 2009, he was head of European securitisation research at Barclays Capital. He has also worked as a consultant at Green Street Advisors and CREFC Europe.
Erste Asset Management (EAM) – Wolfgang Zemanek has been appointed head of fixed income at the Austrian asset manager, reporting to Gerold Permoser, CIO. Zemanek has worked at EAM since 1999, most recently as senior fund manager, government bonds and foreign currencies.