Pensioenfonds ING, Dutch regulator AFM, Northern Trust, Source

Pensioenfonds ING – The €25bn Pensioenfonds ING has appointed Jos van Kleef as temporary chief executive. Van Kleef succeeds Corné van Nijhuis, who left the scheme in January after just nine months in the job. Van Kleef is a pensions adviser and an external trustee at the Personeelspensioenfonds Waterbouw. In 2011, he was strategic manager at the Pensioenfonds Volker Wessels and involved in the pension fund’s merger with the large industry-wide scheme for the building industry, BpfBouw. Before then, Van Kleef was director of the pensions bureau of BAM Group, as well as the Pensioenfonds Hollandse Beton Groep.

AFM – Theodor Kockelkoren is to resign as a board member of Dutch communications watchdog. He said he wanted to continue his career in the public or private sector, after having worked at the AFM for 13 years. He is to resign from his office on 15 April, in order to prepare for a new career. However, he will remain involved in the development of AFM’s IT and information provision until mid-October. After the death of the AFM’s former chairman Ronald Gerritse, Kockelkoren acted as chairman until the appointment of Merel van Vroonhoven as Gerritse’s successor.

Northern Trust – David Burnett has been appointed head of Northern Trust Hedge Fund Services for the EMEA region. Burnett joined Northern Trust in 2011 as head of Relationship Management for the EMEA, following Northern Trust’s acquisition of Omnium LLC from Citadel.

Source – Chief executive Ted Hood, who launched the company together with Peter Thompson in 2009, will be leaving the company at the end of March. In the interim period, Thompson, president at Source, will take over day-to-day operations while a search is initiated for a new chief executive. Separately, Jim Polisson has been appointed chief marketing officer. He joins from Russell ETFs, where he was chief executive. Before then, he served as global head of marketing at iShares.

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