EC News Investments Edition: People Moves (January 2017)
Publish Date:Posted over 7 years ago
Hugh Cutler has joined Affiliated Managers Group. Cutler is presently managing director at hedge fund firm Och-Ziff Capital Management where he has overseen business strategy in Europe since 2014. Before joining Och-Ziff, Cutler was head of distribution at Legal & General Investment Management
Dominique Carrel-Billiard has been appointed deputy director of Amundi, responsible for the merger of Amundi and Pioneer Investments. Prior to the move Carrel-Billiard was chief executive of the Financière de l’Echiquier between 2014 and 2016, where he handled the rollout of the management company in Europe.
Jari Paasikivi has been elected as chairman of the board at Varma, with effect from 1 January. He is currently chief executive of Oras Invest. He will replace Berndt Brunow, who is chairman of the board at Karl Fazer.
Robert Holford is leaving Spence Johnson at the end of February to take on a new role at the Financial Conduct Authority. Spence Johnson managing director Magnus Spence will take over Holford’s retirement and strategic consulting responsibilities for the foreseeable future.
Barry McKay is to become head of LGPS Actuarial at Hymans Robertson. He will work alongside David Walker as head of LGPS Investment and Ian Colvin as head of Benefits Consulting.
The National Employment Savings Trust has appointed John St Hill as deputy CIO in a newly created role. St Hill joins from the Pension Protection Fund (PPF), where he served as senior portfolio manager. He left the UK’s lifeboat fund for defined benefit schemes in October last year. In his new role he will be reporting to CIO Mark Fawcett.
Aries Insight has hired Laura Kerr as a pension’s technical consultant. She joins from Kier (formerly Mouchel), where she worked as a pensions technician, responsible for analysing regulation.
Gerard Roelofs has joinec Kempen Capital Management as director of client solutions. He is to succeed Jan Bertus Molenkamp, Kempen’s director of fiduciary management.
Ashley Elliot has been appointed global liaison for East Africa at the Global Impact Investing Network. GIIN cited Elliot’s longstanding commitment to impact investing and deep knowledge of the region.
Punter Southall has promoted Guy Plater, Martin Hunter and Mark Poyner to principal after a growth in demand for its actuarial and investment consulting solutions. Plater has been an actuary for the firm's investment consulting business since 2003 and sits on its investment committee. Hunter joined Punter Southall as an associate in 2004 before moving to its transaction services business in 2006, where he is a senior consulting actuary. Poyner is a senior consultant and scheme actuary at the firm's Birmingham offices, having joined in 2013.
Pensions Infrastructure Platform (PiP), The investment manager developed by UK pension funds to invest in UK infrastructure has hired Tony Poulter as chairman. He joins from PwC, where he was global head of consulting and before that head of project finance.
Aviva Investors chief executive Euan Munro has joined the Investment Association board. The appointment come after an announcement in November 2015 that former board member, Invesco Perpetual chief executive Mark Armour, was to retire from Invesco at the end of last year.
Kerrigan Procter, chief executive at Legal & General Retirement (LGR), has been named group executive director of the company. Kerrigan has been managing director at LGR since January 2013. He was previously head of solutions with Legal & General Investment Management.
Standard Life Investments has hired Deborah Gilshan. Gilshan will leave her old £25bn (€29bn) pension fund for railway employers at the end of March. At Standard Life Investments, Gilshan will be governance and stewardship director.
Head of benefits at GlaxoSmithKline, Moira Beckwith, has left to join Capital Cranfield, an independent trustee company. She is one of four new client directors, alongside John Nestor, Paul Black and Andy Scott.
Tim Wood is to lead HSBC Securities Services’ custody business in the UK from 28 March. He joins from RBC Investor and Treasury Services, where he has worked since 2002.
Aon has hired Neil Latham to its retirement & investment practice as a principal consultant in its DC team. Latham’s appointment follows a number of recent hires including Tony Britton as head of DC delegated sales, Chris Inman as a principal investment consultant, Adam Hayes as a DC investment consultant and Steven Leigh’s as a senior DC consultant.
The Pensions Infrastructure Platform has recruited the former head of global consulting at audit giant PwC as its new chairman. Tony Poulter, who retired from PwC in June and has since taken a number of non-executive roles, including the senior independent directorship at the UK government's Green Investment Bank.
Legal & General Investment Management has named Helena Morrissey as head of personal investing for its UK direct business. The new role reflects LGIM’s commitment to developing its business offering of savings and investments direct to customers.
Legal & General’s Pension Risk Transfer business has appointed Chris DeMarco as managing director of UK Pension Risk Transfer (PRT) and Costas Yiasoumi as Head of Core Business. Chris has moved internally from Legal & General Investment Management (LGIM) where he was Head of Institutional client management. He brings with him significant pensions and risk management expertise as well as leadership experience.
Xafinity, has appointed Paul Cuff as joint managing director alongside current managing director, Ben Bramhall. Paul, who is a qualified actuary with almost 20 years’ experience in the pensions industry, joins from KPMG where he served as partner in the pensions practice for 8 years. Paul will be responsible for the marketing and sales operations whilst Ben will be responsible for the day to day running of the business.
Willis Towers Watson has announced that Chris Massey will join its UK consultancy team as a senior strategic adviser, based in Edinburgh. Joining from PwC where he was a partner, Chris spent 12 years with the firm in a variety of strategic consulting roles and has a background in defined benefit pensions consulting.
Hymans Robertson has named Beenesh Googoolye and Ritchie Thomson as a senior investment consultant and associate consultant respectively in its investment consulting practice. Beenesh brings extensive consulting experience across both defined benefit and defined contribution investment, specialising in de-risking investment strategies, diversification and fixed income. At Hymans Robertson he will look to further develop existing client relationships while nurturing new defined benefits business opportunities.
