MN, Towers Watson, Cardano, Kempen Fiduciary Management, Morningstar Investment Management, Plum Grove, PFA, Nordea, Principles for Responsible Investment, PWRI, Danica Pension, Danske Bank, Jupiter, Mercer, P-Solve, London Clearing House, Sandaire Investment

MN – The €110bn Dutch asset manager and pensions provider is to reduce its management team from eight members to four. New chief executive René van de Kieft is to lead a team consisting of Henri den Boer, head of pensions operations and insurance, Gerald Cartigny, head of asset management, and a head of finance, risk and IT, yet to be appointed. Paul Versteeg, director of investments, and Walter Mutsaers, head of client relations, are to leave the company. Van de Kieft will take on Mutsaers’s responsibilities, while Versteeg’s will be transferred to Cartigny. Kor Boscher, the current CFO, and Femke de Jong, director of information, will join the director of finance, risk and information’s team.

Towers Watson – Duncan Higgs has re-joined the consultancy, having been appointed to the delegated investment team. He joins from Cardano, where he was a senior investment consultant. Before then, he worked as an investment consultant at Towers Watson, providing investment strategy and implementation advice to a range of pensions funds. 

Kempen Fiduciary Management – Kempen has added to its investment and risk-management teams in the UK with the appointment of Katia Radermacher and Rob Kelly. Radermacher, who joins from Morningstar Investment Management, will be responsible for the portfolio management of client accounts. Kelly, who joins from Plum Grove, an Australian commodities company, will be responsible for reporting and risk-management oversight.

PFA – Mads Kaagaard is joining Denmark’s PFA, having been appointed to the newly created position of executive vice-president, responsible for private customers and business support. He will become one of the group’s directors. PFA said the role had been created to strengthen its focus on individual customers. Kaagaard comes from Nordea, where he was in charge of savings and wealth offerings for the Nordic region. He will start his new job at PFA on 1 February 2016.

Principles for Responsible Investment (PRI) – Xander den Uyl has been appointed as a board member at the PRI. Den Uyl has been a board member at ABP since April, following a six-year period as vice-chair at the €345bn civil service scheme until 2013. He is currently vice-chair at PWRI, the Dutch pension fund for disabled workers. Den Uyl has also been a board member of the Pensions Federation.

Danica Pension – Jacob Aarup-Andersen, CFO at Denmark’s Danica Pension, is leaving the DKK327bn (€43.8bn) commercial pension provider, where he has spearheaded a major strategy overhaul in the last year and a half, to take a top position at Danica parent company Danske Bank. Aarup-Andersen was named as the successor to Danske Bank’s current CFO Henrik Ramlau-Hansen on 1 April 2016, when the latter has said he wished to resign.

Jupiter – Matteo Dante Perruccio has been appointed as an executive adviser, initially focusing on developing Jupiter’s business in Italy. He served for eight years as a non-executive director at Jupiter Fund Management. In 2008, he founded and was chief executive at Hermes BPK Partners, a joint venture with the BT Pension Scheme. From 2000 to 2006, he held various roles at Pioneer Investments.

Mercer – Alison Coulson has been appointed head of central functions in the consultancy’s Retirement Administration Leadership team, focusing on business development and marketing strategy. She joins from Towers Watson, where she was a senior client manager within the administration business.

P-Solve – Matt Way has been appointed COO for P-Solve’s Advisory and Fiduciary Management divisions. He joins from London Clearing House. He has also worked at Ernst & Young, Lehman Brothers, Bear Stearns, MAN Group and RBS.

Sandaire Investment – The investment office for families and foundations has appointed Bonny Landers as head of socially responsible and impact investing. Before joining Sandaire, Bonny founded Bay Street Consultants in Hong Kong in 2013, where she also served as managing director. In the eight years prior to this, she was chief executive at Sterling Private Management in Hong Kong.

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