Amundi, Generali, Sparkassen, GAM Investments, RWC Companions, CVC Credit score Companions, Stoneweg, Impax, BNP Paribas AM, Robeco
Amundi – The French asset supervisor has introduced a sequence of appointments. Philippe d’Orgeval’s is the one exterior appointment. He has been employed as CEO of Amundi within the UK, having most lately been head of AXA Funding Managers within the UK. Laurent Guillet, who has been CEO of Amundi UK since April 2013, has taken on the function of head of options and providers division.
Individually, Christian Pellis was named CEO of Amundi in Germany. He has been head of third-party distribution at Amundi since 2013. Previous to becoming a member of Amundi, he was a board member at LGT Capital Administration and head of distribution since 2010. Thierry Ancona,d eputy director of protection for the institutional and company at Amundi since 2019, is Amundi’s new head of third-party distribution.
Xiaofeng Zhong, who joined Amundi Hong Kong Restricted in November 2011, has been named chairman of Amundi in higher China. He has been Amundi’s CEO for North Asia since September 2012. Previous to becoming a member of Amundi, Xiaofeng Zhong labored at Groupe Crédit Agricole from 1996.
Generali Deutschland AG – The agency has reshuffled its administration board. It named Benedikt Kalteier to the board as the brand new chief enterprise officer digital. He succeeds David Stachon, chief enterprise officer digital and CEO of CosmosDirekt and Dialog, who will quickly go away the corporate.
Kalteier might be liable for insurer CosmosDirekt, a subsidiary of Generali in Germany, and for dealer insurer Dialog. He joined Generali Deutschland as chief transformation officer in 2017 and has been head of technique and lifelong accomplice transformation since 2019. Kalteier can also be a board member on the Insurtech Hub Munich.
CIO Ulrich Ostholt will be a part of the administration board of Generali Deutschland on 1 January. He has served at Generali since 2005 in numerous administration positions at nationwide and worldwide degree, together with as chief portfolio officer and CIO for EMEA, Americas and the agency’s international enterprise strains.
The previous CEO of Dialog Leben and head of the corporate pension scheme, Michael Stille, will retire on 31 December after a 40-year profession at Generali. Stefanie Schlick, liable for gross sales at Dialog, may even be appointed to the administration board. Francesco Ranut, now liable for the One Firm Governance and Efficiency Administration perform, will take over the management for the technique and lifelong accomplice transformation division.
Sparkassen – Hans Georg Freiermuth has been appointed as a member of the administration board on the Sparkassen Pensionskasse and the Sparkassen Pensionsfonds. He has additionally been named spokesman for the administration board of S-PensionsManagement. On this place, he’ll succeed Wolfgang Wiest from 1 April.
Wiest, in flip, has been named new managing director of the affiliation of public insurers, Verband öffentlicher Versicherer, succeeding Harald Benzing.
Freiermuth served 9 years on the Allianz Group and 5 years on the Swiss Life Group, the place he was most lately a member of the chief board of Swiss Life Unterstützungskasse e. V., Swiss Life Pensionsfonds, Swiss Life Pensionskasse and Swiss Life Pension Belief e. V.
Forca – Søren Østergaard has been appointed as chief govt officer of Forca, the Danish pensions administration agency collectively owned by Lærernes Pension, PKA and PBU. He replaces former chief Steen Gram-Hanssen, who left all of a sudden by mutual settlement final summer time after the three labour-market pension funds stated they needed a stronger owner-customer technique for the agency.
Østergaard joins Forca from his present function as senior vp, cloud and infrastructure providers, at Danish IT agency NNIT. In a put up on LinkedIn, Forca stated Østergaard would begin work within the prime function on 1 February 2021.
GAM Investments – Matt Williams has joined the agency as head of fairness funding specialists. He’s primarily based in London and can report back to Greg Clerkson, head of discretionary funding.
On this newly created function, Williams might be liable for main GAM’s workforce of fairness funding specialists. He’ll work intently with the agency’s funding groups throughout equities to assist additional articulate their funding methods and to additional improve consumer understanding of GAM’s fairness providing.
This follows the appointment of Paras Bakrania and Davide Petrachi as head of GAM systematic product specialists and head of product specialists for GAM funding options, respectively, earlier this 12 months.
Williams was previously at BlackRock, the place he was a director and European equities product strategist. Previous to that, he held roles in fairness analysis, with a give attention to capital items, at MF World, HSBC and Capital Group. Concurrently, he was additionally a visiting lecturer in utilized company finance at Metropolis College Enterprise Faculty for six years.
Moreover, the agency has additionally appointed Stephanie Maier as international head of sustainable and influence funding. She is going to report on to group CEO Peter Sanderson and might be a member of the senior management workforce. She is going to be a part of the agency on 4 January.
On this newly created international function, Maier might be liable for main GAM’s sustainable funding and ESG (environmental, social and governance) technique and strengthening the agency’s ESG proposition for purchasers.
Maier brings 18 years of expertise in accountable funding and ESG technique. She joins from HSBC World Asset Administration, the place she was director for accountable funding. Previous to that, she spent seven years at Aviva Buyers, latterly as head of accountable funding technique and analysis, and was previously head of analysis for EIRIS, an ESG analysis and consultancy agency.
RWC Companions – The funding administration agency has appointed Stefan Hirter as head of enterprise growth in Switzerland. Hirter might be liable for increasing RWC’s presence in all Swiss areas, wholesale and institutional channels. He joins from Constancy Worldwide, the place he served as head of gross sales for Switzerland and Liechtenstein. Previous to this, he spent greater than eight years at Credit score Suisse, most lately as head of wholesale enterprise for Switzerland and Liechtenstein.
CVC Credit score Companions – John Empson is becoming a member of as accomplice and co-head of personal credit score, and Miguel Toney is becoming a member of as a accomplice within the non-public credit score workforce.
Empson has almost 40 years of expertise and is becoming a member of from Blackrock the place he was head of capital markets, EMEA. Previous to Blackrock, he was a accomplice at KKR the place he spent 11 years serving to with the strategic construct out of KKR’s credit score and markets platform. He was additionally a member of the KKR EMEA non-public fairness funding committee and the KKR EMEA portfolio administration committee.
Toney is becoming a member of from Park Sq. Capital the place he has been a accomplice focussed on its European junior capital technique. Previous to this, he was a managing director at MV Credit score the place he helped construct out its European junior capital and senior debt capabilities. Throughout each roles, he has a mixed 16 years of expertise in non-public credit score.
Stoneweg – The actual property funding adviser and asset supervisor with operations and capabilities throughout Europe and the US has opened a brand new workplace in London and employed James Younger and James Martinelli from Artemis Funding Administration. The brand new workplace will facilitate the additional progress of Stoneweg’s exercise globally, with Younger and Martinelli each becoming a member of in enterprise growth roles to assist supply new capital whereas additionally bringing important experience to assist current traders and improve the agency’s consumer infrastructure.
Younger, who joins as head of enterprise growth, has greater than 20 years of funding administration expertise and most lately spent six years at Artemis the place he was head of gross sales, enjoying an instrumental function in constructing the corporate’s worldwide presence. He’ll lead Stoneweg’s enterprise growth workforce, which incorporates skilled professionals in London, Switzerland and the Nordics.
Younger beforehand held senior roles at Thames River Capital and Prudential Monetary the place he helped develop their pan-European enterprise.
Martinelli additionally joins from Artemis the place he spent 14 years and was liable for creating consumer relationships throughout Europe, having beforehand labored at Baring Asset Administration and Merrill Lynch Funding Managers.
Impax – Keith Falconer has retired as chair and has been changed by Sally Bridgeland, a non-executive director of Impax sin 2015 who has labored within the UK pensions business for 30 years. William Simon O’Regan joined the board as properly earlier this month.
Falconer had been chair since 2004. Since then Impax, an AIM-listed specialist investor centered on the transition to a extra sustainable financial system, has seen its belongings beneath administration develop from £59m to greater than £23bn.
“We’ve got completed a lot via bull and bear markets and there have been many notable milestones. Over these years we’ve benefited from notably low employees turnover, our funding philosophy has change into extensively accepted and ever extra compelling, and we’ve maintained and developed our sturdy company tradition,” stated Falconer.
Bridgeland can also be at present a non-executive director of Royal London and the Native Pensions Partnership. Initially qualifying as a Fellow of the Institute of Actuaries with consultants Bacon & Woodrow (now Aon), she was CEO of the BP Pension Fund from 2007-2014.
O’Regan was beforehand CEO of Mercer’s US enterprise earlier than his retirement in 2017. He was additionally a member of the UK’s Nuclear Liabilities Financing Assurance Board till it submitted its remaining recommendation on Hinkley Level in 2015 and he’s at present a non-executive member of the Overseas, Commonwealth and Improvement Workplace’s Audit & Threat Assurance Committee.
BNP Paribas Asset Administration – Daniel Klein has been named international head of consumer providers, with impact from 1 January 2021, on the French asset supervisor. He’ll be primarily based in Paris and report back to Sandro Pierri, head of the worldwide consumer group and member of BNPP AM’s govt committee.
Klein has been with BNP Paribas for greater than 27 years, together with the final 18 at BNPP Asset Administration. Most lately he was CEO of BNPP AM USA and head of gross sales in North America. Roles earlier than that embrace CEO of BNPP AM Japan, head of product specialists and head of the discretionary portfolio administration workforce.
Robeco – Katie Weber has been appointed head of UK institutional gross sales, a newly created function. She joins from AllianceBernstein, the place she most lately served as director within the institutional consumer group, working with purchasers within the UK and Eire. She joined AllianceBernstein in 2007.