Sienna, T. Rowe Price, Big Society Capital, Broadstone, Hymans Robertson
Big Society Capital – The board of Big Society Capital has appointed Stan Chan as a new non-executive board member. Subject to regulatory approval, Chan will join the firm having held roles as a trustee in several social organisations after a career in finance.
Chan has spent most of the last decade consulting for both commercial and not-for-profit clients on financial strategy, raising of capital, cash flow planning and risk management. He trained as a chartered accountant while working in management consultancy at Coopers & Lybrand. He then held various positions in the Lattice Group (which now makes up part of the National Grid) and then moved on to FirstGroup in 2003. He then spent close to 10 years at financial services specialist Close Brothers Group, before his move into freelance consultancy in 2013.
Chan is currently on the board of the six Central Board of Finance (CBF) Church of England investment funds, through which he oversees around £3bn of investments
He will join the board during Big Society Capital’s tenth anniversary year, following its recent announcement that the social impact investment market has grown nearly 10-fold: from £830m in 2011 to £7.9bn in 2021.
Chan’s appointment follows Robin Hindle Fisher taking over as chair from Harvey McGrath in June.
Broadstone – The consultancy has appointed Jon Pocock as its pensions dashboard delivery manager. He joins from the Pensions Dashboard Programme (PDP) where he was a working-group expert providing industry insight into key elements of the programme.
At PDP, Pocock was a senior product owner specifically engaged with the development of the programme’s data standards. His role involved defining both the proposition for the identity service for the central architecture of the dashboard ecosystem and the processes for initial dashboard providers.
At Broadstone, Pocock will advise a wide range of pension schemes and trustees on the significant work involved with successfully delivering the pensions dashboard programme. It is expected that pension schemes, starting with master trusts, will be required to connect to dashboards from August 2023.
Hymans Robertson – The consultancy has appointed Iain Church as operations lead for its risk transfer team. He will have operational responsibility for the team, which has grown to over 25 risk transfer specialists, taking ownership of everything from resourcing client projects through to knowledge sharing and people development.
Since joining Hymans in 2015, Church has specialised on risk transfer projects and has provided advice on buy-ins and buyouts for clients ranging in size from £50m up to several billion pounds. He has taken a lead role on over 15 transactions and has helped eight pension schemes to fully insure their liabilities.
T. Rowe Price – The firm has made senior appointments to its Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC) distribution businesses, as part of its continued buildout of its Americas, Asia Pacific and EMEA (AAE) distribution unit.
Nick Trueman has been appointed head of EMEA distribution, taking over the reins from Scott Keller, who is now head of AAE – a business unit formed at the end of 2021 to leverage synergies and best practice to support clients from all parts of the world.
Trueman was previously head of APAC distribution, having transitioned to the region from Europe in 2013. He joined T. Rowe Price in 2007 in the global consultant relations team, and prior to this was a portfolio manager at AXA Rosenberg Investment Management. Under Trueman’s leadership, T. Rowe Price will continue to execute its multi-year EMEA growth plan, aimed at further strengthening the diversified business as it serves its client base of institutional investors and financial intermediaries.
In APAC, Trueman is succeeded by Elsie Chan who joined the organisation in 2015 to build out the financial intermediaries business in Asia. In 2018 Chan took on an expanded role as head of Asia ex-Japan distribution. She has more than 20 years of industry experience, and before joining T. Rowe Price she was a managing director at UBS Global Asset Management.
Sienna Investment Managers – Viktor Speckinger has been named managing partner of Sienna Multi-Manager Private Equity (Sienna MM PE). For Sienna and given its other areas of expertise – venture capital, direct private equity, private credit, real estate, and listed assets – the development of a distinct multi-manager strategy is a natural evolution. Speckinger will be in charge of leading Sienna MM PE’s investment activities in primaries, secondaries and co-investments.
Based in Zürich, Viktor will set up Sienna MM PE’s activity within a variety of sectors and geographies while leveraging on its preferred access to quality mid-market investment opportunities. The strategy may also evaluate and commit to smaller or larger transactions on a selective basis. The key focus will be to support investment strategies that follow favorable growth trends, within attractive themes or sector consolidation focusing exclusively on managers or management teams with proven strategic and industrial transformation skills.
Speckinger has a strong expertise in the PE fund management industry combining years of experience in sourcing, structuring and underwriting primary and secondary fund investments as well as direct investments. Prior to joining Sienna, he was a partner for private equity at Unigestion and previously at Akina where he served on the board or advisory board of various companies and PE funds across Europe.
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