GLOBAL - PGGM, UBS, Mercer, SEB, Generali, IoA, Natixis, Brewin Dolphin.

PGGM - The second-largest Dutch pension fund has appointed three ethical advisers to the governing board commission for investments. Rein Willems, a Christian Democrat member of the Dutch senate and until recently president-director of Shell Nederland, Cees Flinterman, honorary lecturer human rights at the University of Utrecht, and Kees Homan, a former general-major with the Dutch marines, will support the board in further developing and applying the fund's exclusion and engagement policy.

UBS - Schroders' global head of multi-asset solutions Curt Custard has left the firm to run UBS' global investment solutions business. He will replace Brian Singer, who has resigned and will leave UBS in March.

Mercer - Jonathan Mindell will replace Chris Evans as head of Mercer's UK outsourcing business, and he will also join the firm's UK executive team. He joins from RCI Europe, where he was group managing director, and is based in London. Evans left Mercer last July to join MGM Assurance.

SEB Asset Management - The Frankfurt-based asset manager has appointed Siegried Cofalka, from Oppenheim Immobilien - KAG, as head of the new real estate special mandates business, a new unit for institutional clients, while also becoming a board member. Thomas Körfgen has been promoted to head SEB Invest GmbH, replacing Pontus Bergekrans, who left in December.

Generali Investments Deutschland - Klaus Wiener has been promoted to become the firm's new managing director. His responsibilities comprise the areas of research and tactical allocation.

Institute of Actuaries - Nigel Masters from Zurich Assurance has been appointed as president of the London-based organisation. He replaces Nick Dumbreck, who is due to step down in July when his two-year term ends.

Natixis Global Asset Management - Duncan Wilkinson has been promoted to become the new executive vice president, director of US Affiliates for the Paris and Boston headquartered asset management company.

Brewin Dolphin - Simon Blowey and Nicholas Oliver will be the divisional directors of financial planning at the UK stockbrokers and private client portfolio manager. Bill Kendrick, Nick Hungerford and Michael Murphy will become divisional directors of investment management. In the spring they will be joined by Mark Hamstead, Jonathan Jardine Paterson, Paul Leonard, Julian Stanford and Andrew Wagner as investment management divisional directors. They are all London-based.

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