ING/NNIP – The new collective defined contribution (CDC) pension funds of ING and NNIP have each appointed a three-strong supervisory board (RvT), comprising Irene Vermeeren as chair and Erwin Capitain and Pim Baljet as members.
Vermeeren is a pensions lawyer at JonesDay, whereas Capitain is a lecturer in accountancy at the Vrije Universiteit Amsterdam as well as supervisor at several pension funds. Baljet is executive chairman of private asset manager Oyens & Van Eeghen. Both pension funds have largely the same members on their board. The schemes ING CDC and NN CDC were established when the €30bn ING Pensioenfonds closed, following the division of ING into a banking arm and an asset management and insurance business.
Standard Chartered – Tracey McDermott, former acting chief executive of the UK’s financial regulator, is to join the investment bank as group head of corporate, public, and regulatory affairs on 20 March. McDermott led the Financial Conduct Authority (FCA) from September 2015 until June 2016, bridging the gap between Martin Wheatley and current CEO Andrew Bailey. Prior to taking the CEO role, McDermott held a number of senior roles at the FCA overseeing financial services conduct regulation. At Standard Chartered, she will be responsible for public affairs, sustainability, and communications, and will join the company’s management team.
Universal-Investment – Former State Street chief financial officer Frank Eggloff has joined the management board of the German asset manager as managing director. He was previously CFO at State Street in Munich, and spent 15 years with the company in various roles. At Universal he will be in charge of finance and controlling, the company said.
Aberdeen AM – Aberdeen Asset Management has named Hennie Houtveen as its head of asset management and transactions in the Netherlands. He will be tasked with optimising the Dutch property portfolio and in particular acquiring logistic real estate and shopping centres for Aberdeen’s investment funds. Previously, Houtveen worked at engineering firm Royal Haskoning DHV, the €15bn railways pension fund SPF, Meeùs Group and NS Stations, where he was responsible for commercial property of the Dutch Railways. Houtveen succeeds Mark Tordoir, who left for Heeneman & Partners, a firm focusing on structuring property investment funds.
M&G Investments – Grant Hadland has joined the asset management arm of UK insurer Prudential as institutional equity multi-asset business development director. He was previously at Standard Life Investments, responsible for consultant relations, and held a similar role at Royal London Asset Management before that. M&G said Hadland would be responsible for developing its equity and multi-asset businesses, which manage £58bn (€67.6bn).
Legal & General Investment Management – LGIM has hired Helena Morrissey as head of personal investing, a new role, for its UK retail investment business. Morrissey was previously chief executive of Newton Investment Management for 15 years. She is chair of UK asset management trade body the Investment Association, founded the 30% Club, which aims to get more women on company boards, and chairs the Diversity Project.
Achmea IM – The €100bn asset manager Achmea Investment Management has appointed George Coppens as commercial director, succeeding Johan van Egmond, who has left Achmea. Coppens will be responsible for all client relations and meeting clients’ growth targets. He joins from Actiam – the €56bn asset manager of insurer Vivat – where he has been chief commercial officer and temporary chief executive since 2012. Prior to this, he worked at AXA, Credit Suisse and ABN Amro.
SEI – The fiduciary manager has hired Simon Betteley from BlackRock. He joins as a sales director for the firm’s UK institutional sales team, and will focus on growing SEI’s business with larger UK pension funds. Betteley has also held investment and consulting roles at Aon Hewitt and Mercer.
BMO GAM – BMO Global Asset Management has appointed Marga Hoek as a member of its responsible investment advisory council, which oversees BMO’s environmental, social, and governance-related investments. Hoek is chief executive and initiator of Groene Zaak, a network for sustainable entrepreneurs. She succeeds sustainability expert Annemieke Wijn of Anchor Consult, who leaves after completing her two-year term.
Feri Trust – Marc Lennetz has joined the German investment manager from Frankfurter Volksbank. He has responsibility for strengthening Feri’s relations with private banks, savings banks and co-operative banks in Germany.
Aon – Mark Duncan and Louise Wheeler have joined Aon’s DC business to cater for clients of the consultant’s master trust and other bundled trust-based schemes. Duncan joins from Scottish Widows where he managed some of the company’s largest corporate pensions arrangements. Wheeler transfers from Aon’s flexible benefits business.
Brabners – The UK commercial law firm has appointed Ian Mylrea to lead the firm’s national pensions practice. He joined the company in December from DLA Piper and has worked for KPMG and Merrill Lynch.
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