People moves: Former USS CIO to chair UK infrastructure fund (updated)

first_imgGresham House, BSIF, VFPK, PensionDanmark, VFPK, BPL Pensioen, Pensioenstichting Transport, GroupLife, Penvita, Mercer, VvV, Aegon, Willis Towers WatsonGresham House – Peter Moon is stepping down from the alternative asset manager’s board to become chairman of the investment committee of its patient capital fund for UK housing and infrastructure-related assets, the British Strategic Investment Fund (BSIF). Moon was chief investment officer of the now £60bn (€67bn) Universities Superannuation Scheme (USS) for 17 years, retiring in 2009. Before USS he used to manage investments at the British Airways Pension Scheme and the then National Provident Institution (now Phoenix Life). Moon joined the board of Gresham House in July 2014 and helped oversee the manager’s transformation under a new management team.He will be replaced on the board by Simon Stilwell, who joined Gresham House as a non-executive director this week. Stilwell was chief executive of Liberum, the investment bank he co-founded in 2007, until 2015.  The Royal County of Berkshire Pension Fund, which has a 20% stake in Gresham House, is a cornerstone investor in BSIF. The fund raised £150m in commitments from Berkshire and another UK local government pension scheme for a first close in June. Gary Steinberg, former CIO of the International Monetary Fund and the Wellcome Trust, has been working alongside Moon on the investment committee of the incipient fund.LGPS Central – Five new senior hires have been made by the asset management company set up to manage the £40bn of assets of nine Midlands-based local government pension schemes (LGPS). Mike Vinton joins as chief compliance and risk officer, Sharon Johal as general counsel, David Kane as head of finance, David Evans as investment director for passive equities and Adam Neilson as head of information technology. Vinton was most recently head of compliance and money laundering reporting officer at Nestlé Capital Management Limited, while Johal was previously head of legal at Kuwait Investment Office. They complete LGPS Central’s senior executive team, which also comprises Andrew Warwick-Thompson as CEO, John Burns as chief operating and financial officer, and Jason Fletcher as CIO.Verband der Firmenpensionskassen (VFPK) — The board of the association of German corporate pension funds has been reorganised following the death of its head, Peter Hadasch. Helmut Aden, member of the board of BVV, has succeeded Hadasch as chairman. Carsten Ebsen, of the Hamburg Pensionskasse, has taken over the role of first deputy chair and Andreas Hilka, member of the board of at the €7.9bn German Hoechst Pensionskasse, that of second deputy chairperson. Hilka is the newest member of the VFPK board, having been elected to his role in July. Aden has been a VFPK board member since 2006 and Ebsen since 2011. One of the founders of the VFPK, Hadasch died in October aged 64. PensionDanmark — Emilie Juel-Helwig has been appointed to the newly-created position of head of corporate sustainability at PensionDanmark, having been promoted from her job as personal assistant to the chief executive Torben Möger Pedersen.  The Danish pension fund explained that until now it has primarily worked with sustainability from an investor perspective. From now on, as head of corporate responsibility, Juel-Helwig will represent PensionDanmark on a broader sustainability agenda. This will include corporate social responsibility and the task of integrating the sustainability agenda and the UN’s Sustainable Development Goals into the pension fund’s core business.BPL Pensioen — Monique van der Poel has been appointed on the supervisory board (RvT) of the €16.6bn pension fund for the agricultural sector (BPL Pensioen). She will focus on communication, pension management and legal matters. Van der Poel is a pensions lawyer and is also a member of the RvT of the €780m industry-wide scheme for dental technicians (Tandtechniek).Pensioenstichting Transport – Jeroen Tuijp has been named as member of the supervisory board of the €1.1bn company pension fund of delivery firm DHL. Tuijp is actuary, adviser as well as supervisor at consultancy Edmond Halley.GroupLife — Penvita, which offers eduction for members of Dutch pension funds’ accountability bodies (VO) is to be fully taken over by GroupLife, a consultancy for pension fund strategy and education. Penvita’s founders Kees de Wit, former board member of the €8.6bn pension fund PWRI and Dick van Haaster, former employee chair of the €6.8bn sector scheme for painters and decorators (Schilders) remain tutor and adviser for the VO education business. GroupLife had already become co-owner of Penvita earlier this year.Mercer — The consultancy has appointed Tony Miller as leader, investment sales solutions in the Netherlands as of 1 January, becoming responsible for the asset management sales strategy for pension funds and insurers. Tiller joins from LGT Capital Partners where he is head of sales for Benelux. Prior to this, he worked at ING Investment Management. Tiller is to co-operate with Jacco Maters, who will head Mercer’s financial sector clients team. In addition to actuarial pensions advice, Mercer is increasing its focus on asset-liability management (ALM) as well as investment services.VvV—Willem van Duin, executive chairman of Achmea, has been named as new chair of the Dutch Association of Insurers (VvV) as of 20 June 2018 for a two-year period. He will succeed David Knibbe, chief executive of Nationale-Nederlanden, who has been the VvV’s chair since December 2015.Aegon – William Connelly is to become chairman of the supervisory board of the Dutch provider of life insurance, pensions and asset management services. He will replace Robert Routs, who has decided to step down at company’s next annual general meeting in May. Routs will have served on the board for 10 years by then. Connelly, a French national, has been a member of the supervisory board since May last year. Connelly’s appointment as chairman has been approved by the Dutch central bank. Willis Towers Watson – Alberto Gallego has been named head of Iberia, a role he will continue alongside that of head of corporate risk and broking for western Europe. He starts his new role in January, replacing Anton Serrats, who will take on the role of vice president of Willis Towers Watson Iberia. Gallego joined the consultancy in 1990 and has held several senoir leadership positions since then.last_img read more

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Guyana Rush Saints male and female win semi-final opener in Rupununi FA Champions League

first_imgGUYANA Rush Saints male and female teams romped to victories when semi-final action kicked off in the Rupununi Football Association (RFA) Champions League on Saturday.At the Parishara Sports Ground in Parishara Village, the Saints male team whipped the Kanuku Harpies 3-0, while at the Saints Sports Ground, the female Saints needled Flash Football Club 1-0.MALE BATTLEJulius Phillips fired in the opener in the fourth minute of play, before Roy Andrew mistakenly scored an own goal in the 18th minute.It was not until the dying moments of regulation (90th) that John Miguel made it 3-0.In the female clash, a strike from Nina Cabral separated the two teams after 90 minutes of action.Cabral fired in the goal in the 54th minute of play after the side capitalised on a corner kick.Although they lost, Flash FC females played a good game. Both teams had chances to score.The first leg of the other semi-final were scheduled for Sunday. Paiwomak Warriors females were expected to clash with Strikers FC and Paiwomak Warriors males were scheduled to battle the Titans FC.The teams will have their return leg on June 8 and 9 with the winners advancing to the final, which will be played on June 15.last_img read more

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Letter from America

first_imgTayo Balogun’s ColumnIts been difficult doing anything. Your head, no, your brain is frozen. And your fingers anytime you bring them out of the gloves are numb. You want to write but you can’t bring yourself to. It’s a clear-cut case of disobedience to constituted authority. More like a soldier refusing to carry out an officer’s order. It is like your brain and your hands are on AWOL leaving your mind to fret about being able to meet schedules. Repeatedly deadlines are missed. Today becomes tomorrow. And tomorrow transmutes into another tomorrow… That is how it has been for me ever since I got here. In about three weeks (just because I am fighting the intemperate cold weather) I have almost finished the giant VSO brandy bottle my son bought for me on Thanksgiving Day.Today, I am girding my loins and shaming the -3° cold to get this piece across. I will not come to America and allow myself to be cowed when I have survived the antics of misgovernment in my country. So how has it been since I got here? The Diasporans want to know what it was like at home. They want to know if it will be possible for Atiku Abubakar to defeat incumbent Muhammadu Buhari next year. My Ghanaian taxi (he has upgraded to Uber) driver friend is no longer as loquacious as he used to be. He now regards the Super Eagles as superior to his Black Stars even when he is quick to chip in that their President is better than our Buhari. It does appear that Nigerians here have lost substantial interest in our sports. They seem to have more interest in politics. In the four weeks I have spent I have had more time to situate things happening to my mind. Now I no longer worry about my sanity or wonder if it is possible for everyone else to be mad and only me being sane. Coming to America has cleared my mind. I spend a lot of my time watching television. Particularly Channels Television where I watched news about Nigeria daily. And CNN where my sensibilities as a journalist are so assaulted that I begin to wonder if the western media still have anything to offer us in terms of balance and focus. And of course, I have regularly kept touch with home through the social media. So much so that I think I know a little more about our country than most people at home. For instance, I got to know that Bendel Insurance borrowed from the past to defeat 3SC by a penalty scored in the 20th minute of added time.More pleasantly, I know that after a faulty first match, our Super Falcons went on to win the African Women’s Nations Cup. Its like Cameroon, Ghana and the Banyana Banyana (South Africa) teams have to wait some more years to catch up. But our girls need to know that they have what it takes to compete valiantly at the global level.I also got to know that finally the National Sports Festival held in Abuja. And that Delta State, the perennial winners again topped the medals table. The disappointing thing about the Festival was that reports indicated that this version was worst than the one hosted in Lagos about six years ago. The point to be made is that the decay pervading our country has expectedly spread to our sport!!!It’s curious why I love our country more each time I step out of it. And I get saddened that we are unaware of the potential for greatness that abounds in our nation. We have the best collection of gifted football players in the world yet our football is not rated in the first ten in the world. We once had world famous Dick Tiger, Rafiu King Joe, Hogan Kid Bassey, and Obisia Nwankpa. Now, we have no one. We have tremendous natural resources that should make us one of the richest countries in the world yet we remain on of the poorest. We have perhaps one of the best educated minds in the world yet we are being ruled by simpletons whose goals are to take us back to the dark ages.Whenever I step out of Nigeria I wonder why we must put up our fourth best team for a match we must win. This view was put more poignantly by an Ivorian/Burkinabe ex-footballer residing temporarily here in America. According to him: “’Nigeria disappointed me. I started playing soccer because your country won soccer gold at the Atlanta ’96 Olympic Games. Every African was proud of the feat of the Dream Team. But today, where is Nigeria in (global) football? If your country moves, Africa moves. But now, You sleep, so Africa is sleeping. Oh! Nigeria must wake up to take her place among the leaders and show the light to the rest of us Africans.”But it’s not all doom and gloom here. I am enjoying, rolling specially with my grandchildren who I hope will belong to a better Nigeria. A Nigeria achieving its potential not only in sports but in all aspects of our life as a nation. Surely, that cannot be too difficult. Or is it?Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

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