People moves: LGIM names deputy head of Europe for institutional [updated]

Legal & General Investment Management (LGIM) – Miriam Uebel has joined LGIM in the newly created role of deputy head of Europe, institutional, to be based out of Frankfurt. The asset manager said her more than 25 years of experience in asset management would serve the team by further increasing LGIM’s institutional footprint and focus on business development, especially in private market offerings.

Her most recent role of 15 years was executive director at UBS Asset Management in Germany. She has also held positions at Commerzbank Group and been a member of the CFA Institute, CAIA association, and UBS Fund Management’s board of directors.

Volker Kurr, head of Europe, institutional at LGIM, said: “We are delighted to welcome Miriam Uebel to our team. Her excellent specialist knowledge, long-standing experience in asset management and extensive experience in supporting institutional clients are invaluable to us. We believe her appointment will allow us to better support our existing clients, further strengthen LGIM’s position in the market and help us grow our business in Europe.”

Jennison Associates – The fundamental active equity and fixed income manager of PGIM, has hired Nick Samuels as managing director and client portfolio manager, EMEA, and Stephen Corr as managing director for business development, EMEA. Both joined Jennison on 1 April.     

Samuels previously worked in several client- and research-focused roles throughout his nearly 25-year investment career, most recently as head of manager research at Redington.  Corr brings 25 years of industry experience and comes to Jennison from Baillie Gifford, where he served as an investment director for international and global strategies. 

European Sustainable Investment Forum (Eurosif) – Eurosif has announced that Will Oulton, chair of the board of directors, will be stepping down from his position after more than eight years.

Oulton, who used to be global head of responsible investment at First Sentier Investors (formerly First State Investments), led Eurosif through a major organisational restructuring that led to a stronger governance during a period marked by industry and political change. His time as Chair also saw Eurosif refocus its efforts to develop policy analysis, insight and recommendations that now reach a growing global audience, with Eurosif’s membership also expanding from its western and southern European origins as interest in sustainable finance and investment has spread.

The organisation carries out regular market studies on sustainability-related investments, recently unveiling a methodology with “impact” at its core. 

bfinance – The investment consulting firm has named Jamie Downing as global head of client consulting, replacing Mal Hunt, who is due to depart on 30 April.

Downing has 25 years of experience in asset management and pension consulting including 11 years at American Century Investments, where he was global head of institutional distribution for nearly five years, and roles at Ardevora Asset Management, Russell Investments and Hargreaves Lansdown. 

“We are excited to have Jamie joining us in this role as we embark on the next phase of our growth and development,” said David Vafai, bfinance CEO. ”He brings a wealth of experience leading global teams working with both institutional investors and intermediaries. I also want to thank Mal for his valuable contribution to bfinance, on both a professional and a personal level.”

Institute and Faculty of Actuaries (IFoA) – Lord Currie of Marylebone has been appointed as the inaugural chair of the new IFoA Board. As chair, Lord Currie will now lead the process for selecting the open positions on the IFoA Board including two independent non-executive directors (iNEDs) and four member non-executive directors (mNEDs). Lord Currie has over two decades of non-executive and chair experience. He is a cross bench member of the House of Lords and is currently chair of the Advertising Standards Authority and a council member of the European Policy Forum. 

Cartwright – The UK pensions firm has hired Gertrude Sheta for their bespoke specialist project team, as GMP project specialist. Sheta joins from Aon where she was a project and solutions analyst for eight years and a key member of the GMP audit team. Before that she worked in the Department of Work and Pensions.