Ninety One, Abelica Global, Natixis, Aviva, Rheinmetall, ICG, European Commission, Insight
Insight Investment – After more than 20 years at Insight, including 17 years as chief executive officer, Abdallah Nauphal has decided to retire from the firm in the first half of 2025. Raman Srivastava has been appointed CEO designate, reporting to Jose Minaya, global head of BNY Investments and Wealth.
Abdallah is the longest serving CEO of a large European investment manager. He has led the firm in becoming a significant and highly regarded world-class investment business which has seen the institutional client base grow 10-fold, it stated. Assets under management have risen from £75bn ($140bn) to £665bn ($892bn) and the business has diversified internationally with a competitive presence in the world’s largest wealth markets.
Srivastava brings more than 25 years of extensive experience in the investment industry. Most recently, he served as executive vice-president and global chief investment officer at Great-West Lifeco Inc.
Insight will continue to be an independently managed affiliate investment business wholly owned by BNY.
Ninety One – Alper Kilic has been appointed as head of alternative credit. In this role, he will be responsible for building upon the firm’s current emerging market alternative credit platform, as well as continuing to develop a broader set of investment solutions for its clients.
Based in London, Kilic will lead a team of more than 40 investment professionals across Ninety One’s private credit and infrastructure capabilities.
Prior to joining Ninety One, Kilic was global head of project and export finance at Standard Chartered Bank, responsible for one of the firm’s key pillars in its global banking business. Having joined Standard Chartered in 2008, he has held several leadership roles including the regional head of corporate finance, Europe, and regional head of loan syndications, Africa.
LGPS Central – Louis-Paul Hill has been appointed as investment fund oversight and strategy manager at LGPS Central.
Hill, a seasoned investment professional with more than 20 years of LGPS experience, joins LGPS Central from his consultancy role at Aon. During his tenure, he served as lead advisor to numerous LGPS funds, ranging in size from £2bn to over £11bn. His clients included The Northern Ireland Local Government Officers’ Superannuation Committee (NILGOSC), North Yorkshire, and Shropshire.
Hill brings deep expertise in both public and private markets, asset management, and fund solutions. His strong background in quantitative and qualitative analysis underpins his ability to develop robust risk management and asset allocation frameworks.
Pensionskasse Rheinmetall – The pension fund for the German arms manufacturer in Switzerland has appointed Karin Hansen as the new CEO, effective 1 February. Hansen succeeds René Zürcher who will leave the scheme’s management board after 13 years.
The pension fund has also announced that Nik Kern resigned from Rheinmetall Air Defense, a division of Rheinmetall, and from the scheme’s board of trustees. Marcel Dobler was elected as Kern’s successor as an employee representative.
Pensionskasse Rheinmetall had CHF1.22bn in total assets at the end of 2023, and almost half (48.9%) was invested in real estate, according to the latest figures available.
Abelica Global – Kulin Patel has been appointed as executive director, starting at the firm on 1 December 2024.
Patel brings over 28 years of global pensions and insurance consulting experience including a wealth of knowledge representing, building, and leading strong brands and alliances. His “dedication to excellence, entrepreneurial style, and innovative spirit align well with Abelica Global’s mission to help our member firms serve the global market place with local wisdom”, the firm said.
Abelica Global is a network of trusted, independent actuarial consulting firms from around the world. Member firms represent leading-edge actuarial entrepreneurs passionate about innovation, collaboration, and the delivery of superior solutions in their local territories and to the global marketplace.
Natixis Investment Managers – The firm is strengthening its sales team in Frankfurt with the appointment of Christina Weiss as its new head of liquidity solutions.
In this key role Weiss will focus on working with corporate and institutional clients, banks, insurance companies and fund of fund managers to provide tailor-made liquidity solutions to meet the diverse investment needs of these market participants. She will report to Patrick Sobotta, executive managing director for Central and Eastern Europe.
Weiss brings a wealth of expertise in sales, strategic growth and new business development from renowned institutions in the financial industry. Her career to date includes positions at Amundi Asset Management, DWS Group and Deutsche Bank.
Aviva Investors – The global asset management business of Aviva has announced the appointment of Gita Bal as head of fixed income research.
In this newly created role, Bal will be based in London and will report to Fraser Lundie, global head of fixed income. Bal brings with her extensive investment research experience, and will be responsible for leading the firm’s research team across global fixed income markets.
Bal joins from Fidelity International, where she spent the past 13 years in a variety of roles, mostly recently as global head of research, fixed income. She previously held analyst roles at PIMCO and CreditSights.
ICG – The global alternative asset manager has appointed Pierre Grandjean as managing director within its European direct lending team, Senior Debt Partners (SDP). Based in ICG’s Paris office, Grandjean will report to SDP co-head Mathieu Vigier.
Grandjean joins from Sixth Street, where he worked as a principal in speciality lending, covering senior direct lending and mezzanine solutions.
This senior hire underlines SDP’s commitment to consolidating its market-leading team, trailing the final close of its fifth vintage in September 2024 which, at $17bn, represents the largest direct lending fundraise in Europe to date, according to ICG.
European Commission – Andrea Beltramello has been appointed head of the capital markets union unit in the European Commission’s financial services department, DG FISMA. Beltramello was most recently head of the Commission’s resolution and deposit insurance unit.
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