Wednesday people roundup
GLOBAL - ING IM, Hansa, BoNY, bfinance, Punter Southall, State Street, SAM, SEI, Bank of Ireland, JPMorgan, Sprenkels & Verschuren, BDO Stoy Hayward, Abbey, Invesco.
ING Investment Management - The company has announced it favours JP Morgan's Gilbert van Hassel to take over from chief executive Angelien Kemna who will leave in July. The firm said it intends to appoint him in August, though the board and the regulator still need to decide on his appointment.
Hansa Investment Funds - Robert Kitt is Estonian company's new chief executive, succeeding Mihkel Õim who after nine years decided to resign following the birth of his fourth child to take some time out. Kitt said there will be no significant changes in Hansa's business or activities. He will remain the manager of the largest balanced pension fund, while Fabio Filipozzi and Kristjan Tamla will take over fixed income and fund of funds respectively.
Bank of New York - Steven Pisarkiewicz, head of the bank's asset management arm, has left just ahead of the completion of its merger with Mellon Financial to rejoin his previous employer, AllianceBernstein, as national managing director in the asset manager's new global family office group. Bruce Van Saun, head of the bank's market-related businesses, and Larry Simon, vice chair of Ivy Asset Management - BoNY's hedge fund affiliate - will take over Pisarkiewicz's duties.
Bfinance - Managing director Tom Ross has left the London-headquartered consultant and joined US investment bank William Blair as the company's European representative. The bank, so far without a London office, has a handful of European institutional investor clients. Bfinance is not directly looking for a replacement, a spokeswoman said.
Punter Southall - Danny Vassiliades is returning to the company as principal from Mercer Human Resources. Richard Thomas has been appointed principal and administration director at the company's London office. He previously was partner and managing director at Lane Clark and Peacock.
State Street - Thomas Eichenberger is the senior director of business development for State Street's institutional investor sales team in Boston, US. Eichenberger joins State Street from Bank of New York. Furthermore, senior strategists Kim Martin, from JP Morgan, and Chris Mellor (from Credit Suisse) have started at the London office. Dwyfor Evans is returning from Bank of America to join the Hong Kong office later this year.
SAM Group - Bernard Sabrier, chairman of the board and principal shareholder of Geneva-based fund provider of hedge fund Unigestion, has been appointed to act in an advisory capacity to the board of directors of the investment manager.
SEI - Mercer's Ashish Kapur has joined the company's defined contribution (DC) team as DC product specialist. He will be responsible for managing and developing SEI's DC solution for the UK market.
Bank of Ireland Asset Management - Carl McAndrew has been promoted to managing director of BIAM's UK arm. He replaces Olivier Santamaria who has been appointed head of institutional relationship management for BIAM's Irish business.
JP Morgan Asset Management - Lehman Brothers' Mustaq Rahaman has been appointed as convertible bond portfolio manager in the company's London-based global multi-asset group (GMAG).
Sprenkels & Verschuren - Lonneke Thissen, former international pension manager at electronics giant Philips in Amsterdam, last month joined the new consultancy firm of Mercer's former Dutch head Ruud Sprenkels as pension consultant.
BDO Stoy Hayward Investment Management - Rebekah Haymes, who previously headed the risk and healthcare team at Hymans Robertson LLP, has joined the group's London office as risk benefits director.
Abbey Financial Markets - Hemal Popat and Martin Collins, both former investment consultants at Watson Wyatt, have joined the UK investment banking arm of Santander Group. It is part of the firm's drive to become a major player in the pensions market.
Invesco Real Estate - Simon Redman has been appointed head of business development in London. He joins from RREEF, which is part of Deutsche Bank.