People moves: BT scheme names trustee director


first_imgBTPS, ADIA, PTL, IA, Mercer, Edison Group, Apollo AM, Folksam, SCIO Capital, Hayfin, Impax, Polhem Infra, Nordea Liv, HSBC GAMBT Pension Scheme (BTPS) – The scheme has appointed Chris Cheetham as trustee director. He succeeds David Felder who is stepping down from the board after nine years’ service.BTPS is the UK’s largest company pension scheme with more than £55bn (€59.7bn) of assets and around 300,000 members. Each year, the scheme pays out approximately £2.5bn in pension payments to 200,000 retired scheme members and their beneficiaries.Cheetham has more than 40 years of experience in the investment management industry and is chair of the Mineworkers Pension Scheme, which has around £12bn in assets and 135,000 members. He was chair of HSBC Asset Management (UK) until June 2020. He is a non-executive director of the Pension Protection Fund, a member of The People’s Pension Investment Steering Group and a trustee of the Science Museum Foundation. Anders Svennesen, ADIAThe title is a generic title for all senior staff in the team, who each have different functional responsibilities, the spokesman said, but declined to comment further on Svennesen’s responsibilities.Back in January, Poul Kobberup replaced Svennesen as CIO of Danica Pension, at which point Svennesen began concentrating solely on wealth management, working on new product development within investment and capital management. According to a report by FBNW a Nordic asset management news platform, at the beginning of March, Svennesen had then decided to step down from that role at Danske Bank in order to “pursue new adventures abroad”.PTL – The independent trustee and governance services provider has named its fourth new client director, Louisa Harrold. She joins from Atkins, where she was pensions operations manager overseeing a large defined benefit and defined contribution pension scheme, as well as several contract-based arrangements, and participation in local government schemes and the Railways Pension Scheme.Prior to this, Harrold spent 16 years at Mercer where she held various roles including scheme actuary appointments and pensions consultancy for both DB and DC scheme trustees, while working closely with a wide range of corporates.Richard Butcher, managing director at PTL, said: “In addition to her extensive pensions and investment experience, Louisa brings valuable insight into the challenges facing employers, gained during her time spent in-house. She is an ideal fit for us, and we are very pleased to welcome her to the team.” Emma Hunt, ImpaxHunt has been supporting institutional and retail clients with their sustainable investment needs for more than 25 years, holding senior positions in a range of firms including St James’ Place Wealth Management, Federated Hermes, Willis Towers Watson and Mercer. Throughout her career she has been at the forefront of developments in sustainable investment, environmental, social, and corporate governance, stewardship, carbon analytics and impact, applying this knowledge to a wide range of projects.The appointment follows the recent recruitment of Paul French as director of corporate communications at Impax.Polhem Infra – Johan Skoglund has been appointed as the new chair of Polhem Infra, the infrastructure investment joint venture belonging to Swedish national pension buffer funds AP1, AP3 and AP4. He replaces Per-Håkan Westin, who has been Polhem Infra’s chair since the company’s formation in early 2019. Skoglund is currently chief executive officer and president of Swedish housebuilder JM and a member of the board of the Confederation of Swedish Enterprise.Nordea Liv – Nordic banking group Nordea has hired Hans-Erik Lind as the new chief executive officer of its Norwegian life and pensions business Nordea Liv. Lind has worked at Nordea since 2000 and currently works as a Nordic leader in the group’s business development operation in the corporate market. He replaces Vibeke Siljan Krohn, who has been working in the role of CEO at Nordea Liv temporarily for the last six months, Nordea said.Lind will take up his new position on 1 October. Nordea Liv is currently expanding its pensions business, and as part of this drive, announced in July that it is buying Frende Forsikring’s NOK4.2bn (€392m) pension portfolio.Clean Growth Fund – Jonathan Tudor has joined the Clean Growth Fund as investment partner. The Clean Growth venture capital fund was established earlier this year to invest in UK early stage, clean technology companies.Tudor joins from Centrica Innovations, where he has been technology & strategy director for the past three years. In his career to date, he has specialised in corporate venture capital investment and new business creation, working primarily in the UK, Israel and the US. He has held senior executive roles at BP Ventures, QinetiQ and CG Innovation Partners, and has held board roles at a number of privately held technology companies.HSBC Global Asset Management – Philip Knueppel has been appointed to the newly created role of head of ETF sales for Germany, Austria and Switzerland (DACH). Based in Frankfurt, Knueppel will be responsible for growing HSBC GAM’s  ETF platform and driving sales across the DACH region. He will report to Olga De Tapia, global head of ETF sales.Knueppel has more than 15 years of experience in the passive investment industry. He joins from DWS where he spent more than 10 years across multiple roles including hHead of passive for Switzerland, Austria, Central Europe and Middle East based in Zurich, and a global role in client relations within the Deutsche Bank group at DWS in Frankfurt. Prior to DWS, he was a product manager on the structured products desk at ABN Amro in Zurich and Frankfurt.Knueppel’s appointment is another step in HSBC GAM’s efforts to expand its ETF distribution capabilities and grow its ETF business. Further appointments to the ETF sales team are expected later this year.Separately, Rachida Mourahib has been named as head of fixed income ESG and green research within the firm’s global credit research team. Based in Paris, she will report to Tina Radovic, global head of credit research, while contributing to the firm’s global ESG research efforts headed by Xavier Desmadryl, global head of ESG research.Mourahib will support all fixed income teams on ESG integration and engagement, whilst delivering thematic ESG research and specific studies in relation to fixed income investments, globally. She will also take on responsibilities for the firm’s global ESG fixed income and green bond approval committees.Mourahib joined HSBC in 2006 as an ESG analyst and has subsequently worked as an equity and credit analyst, specialising in pharmaceuticals and local authorities. Prior to this, she was an ESG and corporate governance analyst at BNP Paribas Asset Management.To read the digital edition of IPE’s latest magazine click here. Chris Cheetham said: “I’m very much looking forward to working with the scheme as it builds on its successful investment approach and continues to transition towards a cash flow aware portfolio with a strong focus on sustainable investing.”Abu Dhabi Investment Authority (ADIA) – Anders Svennesen, who was CIO at Danica Pension and Danske Bank’s wealth management unit until earlier this year, has started a new job in the United Arab Emirates as global head, quantitative research and development, at the Abu Dhabi Investment Authority (ADIA). Svennesen took up the post in August, and according to a spokesman for the sovereign wealth fund, has joined a newly-created team within ADIA’s strategy and planning department. Rachel Elwell, Border to CoastInvestment Association (IA) – The group has appointed two new members to its board of directors – Rachel Elwell, CEO of Border to Coast, and Nicolas Moreau, CEO of HSBC Global Asset Management.Announcing the appointments, Chris Cummings, IA’s CEO, said: “At this moment of change and evolution for our industry, I’m delighted to welcome Rachel and Nicolas to our board of directors. Each will bring their unique experience and perspective to the board and I look forward to their support and challenge as the IA helps the industry navigate the changes ahead.”The appointments come following the departures of outgoing IA board chair Peter Harrison, Schroders’ CEO, and Joanna Munro, clobal CIO of HSBC GAM. Munro will now join the IA’s investment committee.The appointments were made at the IA annual general meeting 16 September and will take effect immediately.Mercer Austria – The consultancy has appointed Michaela Plank as its new managing director. Plank has served at Mercer Austria for more than 19 years, most recently in the position of principal and member of the country leadership team, with an expertise in company pension schemes, Pensionskassen and Vorsorgekassen. She will remain head of the wealth business unit and will continue to be responsible for the mergers & acquisitions segment in Austria.Edison Group – The research and investor relations consultancy has announced the appointment of Victoria Chernykh and Richard Sloss as investment directors.Chernykh has more than 15 years of experience in assessing the potential of investment companies, equities, bonds and alternatives. She brings deep knowledge of portfolio composition and construction across a breadth of strategies. She joins Edison having spent the past three years at UK investment bank Panmure Gordon, where, most recently, she headed the investment funds’ research team.Sloss brings 35 years of experience within equity markets both on the buy and sell sides. Having begun his career at Scottish Amicable (now Prudential) as a fund manager, he then moved on into the institutional brokerage space working for NatWest Markets, Deutsche Bank, Landsbanki and Shore Capital covering UK equities, pan-European equities and investment funds.Most recently, Sloss was UK equity and investment companies director at Cantor Fitzgerald. He will be based in Scotland and in his new role, will assist the team in their coverage of investment companies across Scotland, North of England and London.The appointments, following Joanne Collins’s hire as a senior analyst earlier this year, are part of the group’s expansion and growth fueled by increasing demand for its research insights, global distribution reach and digital investor relations approach.The increasing demand led the firm to open a new office in Amsterdam, covering the Benelux region, and to sign a partnership in South Africa with leading research firm ALG. Adding to offices in the US, Israel and Germany as well as the London HQ.Apollo Global Management – The alternative investment firm has launched Apollo Impact, a new platform dedicated to impact investing, and announced its leadership team. Marc Becker, a senior partner and 24-year veteran of the firm, will serve as co-lead of Impact alongside Joanna Reiss, who will join Apollo as a partner and co-lead of Impact.Lisa Hall, an impact investment leader, has been named Impact chair, helping to develop and oversee the new platform.The Apollo Impact platform will seek to build on the firm’s 30-year history of investing across industries historically aligned with the United Nations’ Sustainable Development Goals and a record of engagement on ESG issues that spans more than a decade.The firm plans to focus its efforts in the following areas: economic opportunity; education; health, safety and wellness; industry 4.0; and resource sustainability.In addition to the chair and co-leads, the Impact platform will have a dedicated team of Apollo veterans as well as new hires, guided by a collective interest in establishing Apollo as a leader in private equity impact investing. Justin Stevens, a senior partner at Apollo, will serve as COO of the platform, focused on growth and development.Folksam – Swedish pensions and insurance group Folksam announced it has appointed Linn Edström Larsson as its new chief financial officer. She replaces previous permanent CFO Jesper Andersson, having worked as Folksam’s acting CFO since 1 March after Andersson left the company to become chief executive officer of Landstingens Mutual Insurance Company (Löf). Larsson, who has a background in banking, has worked for Folksam for four and a half years in various roles, focusing on control, governance and efficiency, the firm said.SCIO Capital – The London-based direct lender providing secured loans to European borrowers in the underserved sub €25m market segment, has announced that Oliver Wriedt has joined as a strategic advisor and his wholly-owned company has acquired a minority stake.Most recently Wriedt served as chief executive officer of New York- based DFG Investment Advisers.Greg Branch, SCIO’s co-founding partner and chief investment officer, said: “Oliver has a long history of successfully growing asset management platforms across US and European credit markets. Since the time Oliver and I worked together at Deutsche Bank, we’ve had the opportunity to work on several bespoke opportunities. I am excited to formalise our relationship with Oliver and know that he will support our drive to expand the SCIO platform.”Wriedt has 26 years of experience in lending, structuring, portfolio management and business development. Prior to serving as CEO of DFG Investment Advisers where he was responsible for overseeing business strategy and day-to-day management of the $6.9bn firm, he served as co-CEO of CIFC Asset Management, a $26bn credit platform.Wriedt also held senior management roles at Providence Equity Partners, Sciens Capital Management, GoldenTree Asset Management, Deutsche Bank and NORD/LB.Hayfin Capital Management – Alexander Wolfman has joined the firm as its managing director and global head of business development. He has more than 20 years of experience in the alternative investment sector. He joins from Avenue Capital Group, where, in his role as a senior managing director and a member of the firm’s management committee, he was responsible for institutional fundraising and investor relations across the global investment firm, as well as product and strategic development.Prior to joining Avenue in 2004, Wolfman worked as an investment banker at Citigroup/Salomon Smith Barney, where he focused primarily on capital raising initiatives for private equity firms. He began his career as a corporate attorney with Schulte Roth & Zabel, where he focused on structuring and advisory work for the firm’s hedge fund and private equity clients.Impax Asset Management – The specialist asset manager investing in the transition to a more sustainable economy has hired Emma Hunt as senior client director. She will be responsible for overseeing segregated mandates, Impax’s fund clients and strategic distribution partners. She will report to Meg Brown, executive director, marketing & business development.last_img

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