Elo, Nordea, Russell Investments, Deutsche AWM, BlackRock, Aon Hewitt, River and Mercantile
Elo – Eeva Grannenfelt, head of corporate lending at Finland’s Elo, has left the pensions mutual after less than two years in her role. Grannenfelt – named Elo’s director of corporate lending, alternative investments and macro views when the provider was created from the merger of Pension Fennia and LocalTapiola in January last year – has left to pursue “new opportunities”. Director of real estate Timo Stenius will take on responsibility for private equity and corporate finance, while Jonna Ryhänen, responsible for equities, fixed income and currency, will also take charge of all hedge fund investments.
Nordea – Snorre Storset has been promoted within the Nordea banking group to deputy head of the wealth management division with effect from 1 November. Since 2012, he has been head of Nordea Life & Pensions (NLP), part of the wealth management business area. Storset has also been appointed to head a new private banking unit within Nordea, which combines the private banking units in Denmark, Finland, Norway and Sweden, as well as the international private banking unit. He has been appointed as a member of the group’s executive management. In the meantime, Johan Nystedt, CFO at NLP, has taken on the role of acting head of NLP until a new head of that division has been appointed.
Russell Investments – Sarah Leslie has been appointed head of fiduciary management for Ireland and the UK. She joined Russell’s fiduciary management team in 2010. Before then, she assisted in the development of one of Aon Consulting’s flagship fiduciary management solutions. She has also worked at Mercer.
Deutsche AWM – Blanca Koenig has been appointed to look after fixed income product development and strategy, reporting to Manooj Mistry, head of exchange-traded products and institutional passive for the EMEA. She joins from Blackrock.
Aon Hewitt – Five UK-based partners have been promoted at Aon Hewitt’s global consulting business. The new partners are Sangita Chawla-Jopling, Alison Gartside, James Patten, Ben Roe and John Sydenham.
River and Mercantile – Mayan Uthayakumar has joined as an equity analyst from Sanford C Bernstein.
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