Tikehau Capital, RBC BlueBay, L&G, Border to Coast, Nuveen, E3G, Hymans Robertson, VBV, LSR, Tabula
Border to Coast Pensions Partnership – The Local Government Pension Scheme (LGPS) pool in the UK has appointed Tim Manuel as its new head of responsible investment.
Manuel joins Border to Coast from Aon, where he has worked for 18 years, including six most recently as head of responsible investment. He will join Border to Coast in early September.
He led a team of 20, helping Aon’s pension fund and other investor clients implement responsible investment strategies. The rest of his time at Aon was spent advising pension funds on funding and investments.
Manuel’s appointment follows the retirement of Jane Firth after six years at Border to Coast in a career with the LGPS spanning over 40 years. Firth led Border to Coast’s responsible investment team from the outset, contributing hugely to responsible investment best practice for the benefit of the pool’s 11 partner funds.
Additionally, the pool has welcomed two new executives to its top team, adding more than 40 years of financial services experience across people and risk to its leadership.
Louise Bryan joins as chief people officer. Previously head of people partnering at Lloyds Banking Group, she has more than 20 years of experience as a HR professional
Austin Bodunrin joins as chief risk officer, responsible for implementing risk and compliance across the organisation, ensuring the pool’s continued resilience as an asset manager. Previously of IFM Investors and a former chief risk officer at the Department for Housing, Communities and Local Government, He will lead on risk management for Border to Coast.
VBV Pensionskasse – The pension scheme of Austrian VBV Group has named Günther Schiendl as the new chief executive officer.
Schiendl, who has been a member of the fund’s board since 2008, succeeds Gernot Heschl, who is retiring at the end of August. Other members of the management board include Ronald Laszlo and Christian Reiss, who is joining VBV Pensionskasse from the Erste Group Bank.
Laszlo will take over Heschl’s other position in the fund, being responsible for risk management at group level. Laszlo has been a member of the pension fund’s board since the beginning of the year. In the future, in addition to the legal department, he will be responsible for finance, IT and, in particular, risk management.
Before joining VBV, Laszlo was head of risk management at the Vienna Insurance Group (VIG).
Reiss will be responsible for sales and services for clients of the pension fund.
The management team also includes general director Andreas Zakostelsky, Schiendl and Martin Vörös.
Swedish Pensions Agency – Magnus Rodin has been appointed as the new deputy director general of the Swedish Pensions Agency (Pensionsmyndigheten), moving up from his current position as head of the authority’s production department.
In his new role, Rodin will also head up the Pensions Agency’s authority steering and support department. He will start the new job on 16 September, replacing Kajsa Möller, who the agency said, had already quit at her own request. Möller was interim director general of the agency from March 2023 for a period, after the departure of permanent director general Daniel Barr.
Anna Pettersson Westerberg, who has been director general at the authority since January this year, said: “Magnus Rodin has extensive knowledge of the authority and has achieved fantastically good results by shortening processing times and case balances, which is valuable in the new assignment.”
Meanwhile Biljana Lajic, who is now deputy head of the Pensions Agency’s production department, has been appointed acting head of the production department for a transition period, according to the announcement.
Nuveen Private Capital – The private debt platform that combines Arcmont Asset Management and Churchill Asset Management has appointed Ralph van Daalen as head of business development for the Netherlands.
Arcmont AM and Churchill AM, the respective European and US asset management companies of Nuveen Private Capital, continue to expand their European client coverage capabilities with the new appointment.
Based in Amsterdam, Van Daalen’s appointment will strengthen Nuveen Private Capital’s presence in the Netherlands, following its ongoing global expansion.
Van Daalen brings more than two decades of expertise in the Dutch institutional market. Prior to this appointment, he was co-head of fiduciary management Netherlands at Goldman Sachs Asset Management where he led a team of investment specialists and was responsible for servicing and expanding its Dutch fiduciary client base.
He also held several positions at international asset manager Robeco, including director, institutional client relations Netherlands and both board member and chair of the investment committee of Robeco’s pension fund.
Legal & General – The firm has appointed Linda Whorlow as a member of its independent governance committee. She succeeds Rachel Brougham, who has served as a member of the committee since its inception in 2015.
Whorlow has extensive workplace pensions experience having been in the industry for over 30 years. She was previously the managing director of Aegon’s workplace savings business for five years before retiring in June 2024.
Prior to this, Whorlow held several specialist leadership roles across the spectrum of defined contribution, defined benefit (DB), third-party administration services and actuarial consulting, beginning her career at Norwich Union (now Aviva). She is currently a non-executive board member of Broadstone Employee Benefits.
E3G – The board of directors of the independent climate change think tank appointed Hedwige Nuyens as the new chair. Nyuens brings a wealth of expertise and experience to the role and currently serves as the CEO of the International Banking Federation, chair of European Women on Boards and as a member of the G7 Gender Equality Advisory Council.
Tom Burke, E3G co-founder and chair for more than a decade, will step down as chair with immediate effect. Burke will continue to be a non-executive director.
Nuyens’ appointment represents an important evolution of E3G as a sustainable organisation moving beyond its founders, it said.
Hymans Robertson – The firm has appointed Rob Bilton as head of LGPS actuarial and Robbie McInroy has been appointed head of LGPS client consulting, co-ordinating across all service lines provided in the LGPS market.
Both appointments follow on from Catherine McFadyen’s recent appointment as head of pensions at the pensions and financial services consultancy. Bilton and McInroy are both partners having started at Hymans Robertson as graduates over 15 years ago.
Bilton has worked with a variety of UK local government clients as a fund actuary and liaises with national LGPS stakeholders on current actuarial issues. In recent years, he has also led the development of Hymans Robertson’s actuarial propositions to meet the requirements of an ever-evolving LGPS. In his new role, he will work closely with existing leads Susan Black, head of LGPS governance, administration and project (GAP) services, and Iain Campbell, head of LGPS investment.
McInroy is fund actuary to several LGPS funds and has been leading the firm’s LGPS consulting proposition for some time. His wider focus is working with client teams, LGPS funds and other stakeholders to ensure Hymans Robertson meets market needs and delivers a comprehensive offering to the LGPS.
Additionally, the firm has also appointed Sachin Patel to the role of head of corporate DB endgame strategy, recognising the increasing pressure DB schemes face when planning the final stages of their strategic journey.
Patel has been at Hymans Robertson since 2014 and qualified as an actuary in 2020. He is a lead consultant in the firm’s corporate DB team, helping schemes to plan their endgame journey and navigate the complex range of choices they will face at this time.
Patel’s appointment follows on from the promotion of Leonard Bowman, who previously held this role, to head of corporate consulting at the firm.
Tikehau Capital – The global alternative asset management group has appointed Christoph Rinnert as head of private equity Germany.
In this role, Rinnert will oversee the strategic development and management of Tikehau Capital’s private equity portfolio in the DACH region, focusing on sourcing and realising investment opportunities that align with the firm’s investment objectives.
The group’s private equity strategy invests in mid-market companies with high growth potential, focusing on digitalisation, build-ups, and both domestic and international expansion. It targets dynamic themes such as sustainability, energy transition, regenerative agriculture, cybersecurity, and aerospace and defence.
Based in Tikehau Capital’s Frankfurt office, Rinnert will report to Dominik Felsmann, head of Germany, and Emmanuel Laillier, head of private equity at Tikehau Capital.
Rinnert has more than 15 years of experience in private equity and M&A. Previously, he was director at 3i Deutschland Industriebeteiligungs and led the company’s DACH industrial technology origination efforts and global initiatives, executing numerous high-profile transactions and managing portfolio companies.
LSR (Lífeyrissjóður starfsmanna ríkisins) – Heiðrún Hödd Jónsdóttir has been hired by Iceland’s biggest pension fund in the newly-created role of sustainability expert. She will lead the ISK1.4trn (€9.1bn) pension fund’s implementation of its sustainability strategy, which covers both the fund’s investments and its internal operations, LSR announced.
Jónsdóttir was previously at Deloitte in Denmark, where she worked on consulting, risk analysis and reporting relating to corporate sustainability
.Having now moved back to Iceland after seven years in Denmark, she said her time there had helped her professionally, since sustainability issues were in many ways more advanced on the European continent than in the North Atlantic island country. Within the EU, laws and regulations entered into force earlier than within the EEA, said Jónsdóttir.
Tabula Investment Management – The European ETF provider and wholly owned subsidiary of Janus Henderson Investors has appointed Rhys Petheram as its new CIO. Petheram succeeds Jason Smith, who played a key role in expanding Tabula’s ETF product offering over the past five years and helped facilitate its acquisition by Janus Henderson.
Additionally, Adam Glen-Bott has joined Tabula’s investment team, bringing expertise in quantitative portfolio management and ETF indexing, with a focus on equities.
Pethream has over 20 years of experience in fixed income and multi-asset investment. Most recently, he was head of environmental investment solutions at Jupiter Asset Management where he spent 17 years managing a range of multi-asset and fixed income portfolios.
Glen-Bott previously served as a quantitative researcher and portfolio manager at UBS, where he developed and managed quantitative solutions for institutional clients, with a focus on equities and synthetic investments.
RBC BlueBay Asset Management – The firm has appointed Daniela Peric as a new associate director to support its client relationship and business development activities in Benelux and the Nordics.
Based in its Amsterdam office, Peric will report to Kornelis Buursma, director business development Benelux. Prior to joining RBC BlueBay, Peric spent almost a decade at BlackRock, most recently as an account manager within its institutional client business. She also held client servicing roles at Deutsche Bank and the Royal Bank of Scotland.
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