GLOBAL - PGGM, GSAM, HSBC, State Street, Barings, CEIOPS, Nordea, Hewitt, Mercer, BlackRock, DekaBank, Sprenkels & Verschuren, Aon.

PGGM - The Dutch fund has appointed a supervisory board, which oversees its executive board. The new  board comprises Herman de Boon (chairman), Irene Asscher-Vonk, Age Offringa, Margo Vliegenthart, Lodewijk de Waal and Wim de Weijer. The fund said it chose the members "for their complementary expertise and experience in supervision and management, cooperatives, banking and insurance, the healthcare and social work sector and politics.

Goldman Sachs Asset Management - Andre du Plessis has joined the firm as co-head of its global manager strategies business and head of fiduciary business, EMEA. Du Plessis, previously at Watson Wyatt, will work alongside Matthew Wade. The firm plans to seek opportunities in fiduciary management in Europe outside the Netherlands.

HSBC Investments - London-based Barbara Rupf Bee has been promoted to the new position of global head of institutional sales. She initially joined HSBC Private Bank in the hedge fund-focused Fund Invest Group in 2003. Meanwhile, HSBC's alternative investment arm has announced Nigel Webber's promotion to chief executive officer, in addition to his current role of chief investment officer of HSBC Private Bank.

State Street - Stefan Corthouts has been promoted to vice president of the new business development for continental Europe, based in Luxembourg. Prior to this role, he was responsible for new business development of the firm's offshore investment service product offering.

Baring Asset Management - Marino Valensise replaced Michael Hughes as chief investment officer earlier this week. Hughes will stay on at Barings in a consultancy capacity until his retirement at the end of the year. Valensise previously served as head of fixed income and currency. Alan Wilde will assume leadership of Valensise's previous team.

CEIOPS - The Frankfurt-based committee's secretary general, Alberto Corinti has resigned. Carlos Montalvo, of the Direccion General de Seguros y fondos de Pensiones, Spain, was elected as Corinti's successor.

Nordea Life and Pension - Brummer & Parnter's Johan Sidenmark willhead Nordea's Nordic life and pension business. Sidenmark is based in Stockholm, Sweden.

Hewitt Associates - Andy Cox, UK head of Hewitt's retirement consulting business, has been appointed as the head of the firm's global benefits consulting business. Cox is based in London.

Mercer - Tony Pugh has been promoted to the new role of head of defined contribution pension services in the UK. Based in London, Pugh will be responsible for coordinating and growing Mercer's defined contribution services and developing new approaches in this area of pension provision.

BlackRock - Rosina Humphries joins from Legal & General to work for the firm's London-based global consultant relations team. She will be responsible for managing relationships with a number of UK investment consultants.

DekaBank - Thomas Killius, head of institutional sales in Frankfurt, has said he will leave the company to pursue new "challenges". Until a replacement is found, Oliver Behrens, will take over Killius' responsibilities.

Sprenkels & Verschuren - Martijn Euverman has joined the Dutch consultancy firm of Mercer's former Dutch head, Ruud Sprenkels, to set up an investment consulting business for pension funds. He joins from ABN AMRO Pension Fund Finance in Amsterdam.

Aon Consulting - Andrew Callis has started at the company's Birmingham office as sales development manager. Callis previously worked for the business adviser Baker Tilly, where he was a regional director for its employee benefits group. His appointment forms part of the continued expansion of Aon Consulting in the Midlands, the firm said.

Topics