GLOBAL - Norges Bank Investment Management, ATP, Unigestion, AFM, APG, State Street Corporation, UBS, SKAGEN, Kölner Pensionskasse
Norges Bank Investment Management - NBIM, manager of the Norwegian Government Pension Fund Global, has named Trond Grande as its new deputy chief executive after Stephen Hirsch stepped down last October. Grande has served as chief risk officer since October 2009. He joined NBIM in November 2007 as global head of risk management and later filled dual roles as deputy chief operating officer and global head of risk management. He previously spent 11 years at Storebrand Kapitalforvaltning.
ATP - Denmark's largest pension scheme, which last week announced it would be launching a low-cost pension business in the UK, has announced that Nigel Waterson is advising on the rollout. Waterson, former Conservative shadow pensions minister, lost his seat in the 2010 elections. He held the brief for five years and between 2003 and 2005 was a member of the parliamentary work and pensions committee.
Unigestion - Tom Leavitt has joined Unigestion, the Switzerland-based asset manager, as managing director and head of institutional clients. He will also be a member of the company's executive committee. Leavitt was most recently at Fortis Investments, where he was global head of institutional clients. Prior to that, he served as chief executive at ABN AMRO Asset Management (North America).
Dutch Financial Markets Authority (AFM) - Ronald Gerritse has been appointed chairman at the AFM, which oversees communications at pension funds and insurers in the Netherlands. He has previously worked at the Ministry of Social Affairs, as well as the Social and Economic Council, the advisory platform for the government. Gerritse, who starts work on 1 May, will succeed Hans Hoogervorst, who has been appointed chairman of the International Accounting Standards Board.
APG - The €266bn asset manager has appointed Ronald Wuijster as chief client officer and Marcel Prins as chief information and technology officer. Wuijster will head up the new department of client management, but also remain managing director of the advice team for strategic asset allocation. Prins has been managing director of international operations at ABN Amro, as well as head of operations and business operating officer at merchant bank Fortis Netherlands. Ton Berendsen will step down as chief financial officer and chief operational officer at APG Asset Management on 1 April.
State Street Corporation - Phil McGowan has been appointed senior vice-president and head of private equity and real estate services for Europe, Middle East and Africa. He joins from HFX Capital, where he served as chief operating officer for the company's alternative investment distribution and sales efforts. Prior to this, he was with Investors Bank and Trust Company, with responsibility for the European onshore/offshore fund administration business. In other news, Giovanni Caricati has been appointed chief operating officer at State Street's Global Services business in Italy.
UBS - Sally Bott, a member of the board of directors, will not stand for re-election at the annual general meeting on 28 April. UBS said it would announce in due course whether it would nominate an additional candidate for election. Bott, elected in 2008, chairs the Human Resources and Compensation committee and is also a member of the Corporate Responsibility and the Governance and Nominating committees.
SKAGEN - Michiel Krauss has been appointed managing director at SKAGEN Netherlands, effective immediately. He joins SKAGEN, a Norway-based asset management company, from Wilton Investment Services, where he was managing director. Prior to this, he worked 18 years for Van Lanschot Bankiers, where he held various senior management roles in the Netherlands, Luxembourg and Switzerland within private banking, investment advisory and wealth management.
Kölner Pensionskasse - Stephan Sander has been appointed head of asset management at Kölner, as well as Selbsthilfe Pensionskasse der Caritas. Prior to assuming his new role at the beginning of the year, he worked at Aon Jauch & Hübner Consulting, now Aon Hewitt.