People – Page 145
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News
Watson Wyatt’s de Maar joins Dutch doctors’ fund
NETHERLANDS – Watson Wyatt’s Stefan de Maar in an unusual move has switched from investment consulting to join the Dutch €11.7bn Doctors Pension Funds Services (DPFS).
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BNP Paribas AM names new CIO
EUROPE – BNP Paribas has named Credit Agricole’s Christian Dargnat as its new chief investment officer.
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BaFin chief Sanio under scrutiny in fraud probe
GERMANY – Jochen Sanio, president of German financial services regulator BaFin, could be forced to step down following a report by the auditor PWC that found instances of fraud and gross mismanagement at the regulator.
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Mercer affected as parent axes 750 jobs
GLOBAL – Mercer Human Resource Consulting will bear some of the brunt of parent company Marsh & McLennan Companies decision to cut 750 jobs.
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USS recruiting for responsible investment
UK – The £26bn (€38.5bn) Universities Superannuation Scheme, the pension fund for university staff, is looking to hire two responsible investment staff as a result of “re-organisation and expansion”.
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Mercer Netherlands’ manager Sprenkels leaves
NETHERLANDS - Ruud Sprenkels, head of the Netherlands at consulting firm Mercer Human Resources, has resigned (amends title).
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ABP quant head Gupta joins UK’s Pearl Group
EUROPE – Pranay Gupta, head of global quantitative strategies - capital markets at ABP Investments, has become the latest figure from the Dutch pension giant to join the Pearl Group.
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BNP Paribas creates global head of pensions
UK – BNP Paribas appointed Tony Osborn-Barker as global head of pensions. He joins from Deloitte Touche Tohmatsu in London where he was head of investment services since 2000.
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New MD at Swiss Pensionskasse Post
SWITZERLAND – Pensionskasse Post, a CHF12.2bn (€7.7bn) pension fund for Swiss postal employees, says it has appointed Francoise Bruderer as its new managing director, effective from January 1.
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PGGM hires SER chairman Rinnooy Kan as advisor
NETHERLANDS – Alexander Rinnooy Kan has been appointed as advisory member of PGGM’s executive investments committee, the €74bn Dutch pension fund for health care and social work announced.
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Denmark pension funds senior manager carousel
DENMARK – From November, the senior management at three Danish pension funds will change as a result of the retirement of Copenhagen-based AP Pension CEO Holger Dock.
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NBIM to take on more corporate governance staff
NORWAY – Norges Bank Investment Management, in the news over the disinvestment of Wal-Mart, looks to be boosting its corporate governance efforts with new staff.
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Ex-ING pensions head Nijssen joins consultant
NETHERLANDS – Former ING pensions head Jan Nijssen has joined Dutch pensions consulting and law firm Montae’s executive board in a move to expand the firm’s pensions consultancy offerings.
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Grafische staff transfer to KAS
NETHERLANDS – Grafische Bedrijfsfondsen (GBF), the umbrella organisation for the Dutch graphics industry’s €10bn pension funds, is to outsource its back office investment activities to KAS Bank.
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Siemens Swiss pension fund manager arrested
SWITZERLAND – Roland Rümmeli, portfolio manager of the CHF1.7bn (€1.1bn) Siemens Switzerland pension fund, is being held in custody following his arrest in connection with investigations into the Swissfirst scandal on Friday. He was also suspended by the Siemens AG.
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Van Essen to head PGGM’s executive directors
THE NETHERLANDS - Heino van Essen has been appointed as chairman of the executive directors of PGGM, the industry-wide pension fund for the health care and social work sector has announced.
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Cordares hires business development staff
NETHERLANDS – Dutch industry-wide pensions provider Cordares says it has expanded its sales, strategy and innovation team with three new members.
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S&P pension director MacLachlan joins Watson
UK – Watson Wyatt has hired Standard & Poor’s director of pension services Jim MacLachlan as a senior investment consultant.
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F&C nabs MSIM exec for new Geneva office
SWITZERLAND - F&C Asset Management has named Christian Zeitler as country head for Switzerland and Austria.
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New director at Campina Pensioenfonds
NETHERLANDS – Campina’s corporate affairs director Jos Clerx has been named director of the €1bn Stichting Pensioenfonds Campina.