GLOBAL – Redington, NAEV, Fonds de Réserve pour les Retraites (FRR), Aon Hewitt, Buck Global Investment Advisors, Royal London, Liquidnet, Folksam, Miton Group
RedingtonPhilip Rose has been promoted to the newly created role of CIO of strategy and risk. Rose was previously head of ALM and investment strategy at the consultancy, having joined from Morgan Stanley in 2008. He will work with the ALM, investment consulting and manager research teams to manage the delivery of technical investment strategy and risk management advice to institutional clients. Separately, Dan Mikulskis and Steven Yang Yu have been named co-heads of asset and liability modelling.

NAEVDirk Lepelmeier, the former managing director responsible for asset management at the Versorgungswerk for doctors in North Rhine-Westphalia, is now working at Lepcam AG in Düsseldorf, which appears to be his own asset management consultancy, judging from the online registry entry. Rumours have been spreading in German media that Lepelmeier left his position at the €10bn pension fund – but they remained unconfirmed.

Fonds de Réserve pour les Retraites (FRR) – Jean-Philippe Olivier has left his role as head of the delegated department. He started in his new role as CIO at COFACE, a company providing credit insurance contracts, at the beginning of May. His departure comes one year after Philippe Aurain, who served as CIO between April 2010 and April 2012, left the FRR to join Fédéris Gestion d'Actifs.

Aon HewittKaren McWilliam has been appointed head of the public sector benefits consultancy. She joins from Hymans Robertson, where she worked for 10 years. Before then, she was the pensions manager with the Highland Council in Inverness, with responsibility for managing the Highland Council Pension section and for administration of the LGPS for the council's pension fund, as well as the Fire Fighters' and Police pension schemes.

Buck Global Investment AdvisorsIan Peart has been appointed as a senior investment consultant. He will act as an adviser to DB and DC trust-based UK pension funds, as well as lead the expansion of fiduciary manager monitoring and selection services. He joins from Aon Hewitt, where he led the global investment management research team.

Royal LondonRoger Edwards, managing director of UK Protection at the UK's largest mutual life and pensions company, is to leave the company. Hugh McKee, chief executive at Royal London's intermediary division, said the company was starting to restructure the division and that Edwards had "decided not to be considered for a role in the new structure".

LiquidnetJulien Fougere has been appointed head of trading coverage for the EMEA region, with responsibility for developing Liquidnet's buy-side institutional member relationships. He joins from Merrill Lynch, where he was managing director of pan-European sales trading.  

FolksamJens Henriksson is taking over as chief executive, joining from Nasdaq OMX Stockholm, where he held a similar role. He replaces Anders Sundström, who announced he was stepping down to join the Folksam board earlier in the year.

Miton GroupPiers Harrison has been appointed director of operations and risk management. He will take up his role on 29 July and join the boards of Miton Asset Management and Miton Capital Partners.