Wednesday people roundup [updated]

first_imgDeutsche Asset & Wealth Management (Deutsche AWM) – Stefan Kreuzkamp has been appointed CIO and head of investment management and a member of the Global Executive Committee. The appointment follows the transition of Asoka Wöhrmann, CIO, to head of retail banking at Deutsche Bank’s Private & Business Clients division. Kreuzkamp joined Deutsche AWM in 1998, initially working in money markets and later in fixed income fund management. As regional CIO for the EMEA, he oversees equities, fixed income and multi-asset.London Pensions Fund Authority/Lancashire – The £10.5bn (€14.8bn) pooling vehicle set up by the London Pensions Fund Authority (LPFA) and Lancashire has hired former pensions regulator chairman Michael O’Higgins as its inaugural chair. The London and Lancashire Pensions Partnership, agreed by the local authority funds in July, also said David Borrow, the deputy leader of Lancashire County Council, and Skip McMullan, currently a board member for the LPFA, would join the venture’s board.PFA – The director for group communication and public affairs, Morten Jeppesen, has quit suddenly after talks with the group’s chief executive ended in a disagreement. Allan Polack, chief executive at PFA, said he had been in talks with Jeppesen about his future role at the company. “We were not able to agree about that, and so we reached an agreement that means Morten has resigned with immediate effect,” he said. Redington – Lydia Fearn has been appointed to the newly created role of head of DC and Financial Well-being. She joins from Barclays Corporate & Employer Solutions, where she led investment advice to pension scheme trustees and sponsors. Before then, she worked at Lane Clark & Peacock and Aon Hewitt, where she specialised in investment strategy and advice.Sociéte Générale – Roel van de Wiel has joined Société Générale Securities Services as commercial director for the Nordics and the Netherlands. From the office in Amsterdam, he is to head a team tasked with expanding business in the Netherlands and Northern Europe. Van de Wiel has served as business development executive at State Street Bank and Trust Company. Before then, he was senior sales manager at JP Morgan Worldwide Securities Services.Tages Capital – Jamie Kermisch has been appointed chief executive. Kermisch is the former chief executive of Mariana Investment Partners and was previously group managing director at Fauchier Partners, an institutional fund-of-hedge-fund asset manager. Before then, he spent 20 years at several investment banks, including 10 years as a managing director at Morgan Stanley. Schroders – Andrew Lim joins the Multi-Asset Portfolio Solutions team, focusing specifically on liability risk. He joins from Towers Watson, where he worked for seven years as an investment consultant in the Structured Products team. Tara Jameson joins as solutions manager focusing on growth risk management, transferring internally from the UK institutional distribution team. Aegon AM – Sander van der Wel has been appointed head of institutional clients at Aegon Asset Management. He is to advise insurers on asset management solutions and assist them in gearing their investment portfolios to future liabilities. Over the last five years, he has served as director of fixed income sales at Citibank.Cardano – The fiduciary manager, risk manager and investment adviser has appointed Patrick Luthi as CFO. He joins from Goldman Sachs in London, where he was managing director of the Securities Division for 19 years. Most recently, he served as COO of the Global FX DivisionLCP – Murray Blake has been appointed as a consultant to the pension de-risking practice. He joins from Pacific Life Re, where he structured and implemented longevity reinsurance solutions. Before then, he worked as a consultant at Towers Watson and was a member of the longevity research group. ARC Pensions Law – The pensions law firm has appointed Kevin LeGrand as a consultant to work on a client-related project. LeGrand, who is president of the Pensions Management Institute and a former principal and head of pensions policy at Buck Consultants, joins ARC part-time. Mercer, Swiss OAK, ABP, ABN AMRO, Health Foundation, Aberdeen Asset Management, Deutsche Asset & Wealth Management, London Pensions Fund Authority/Lancashire, PFA, Redington, Barclays Corporate & Employer Solutions, Sociéte Générale, Tages Capital, Mariana Investment Partners, Schroders, Towers Watson, Aegon AM, Citibank, Cardano, LCP, Pacific Life Re, ARC Pensions LawMercer – The consultancy has hired the head of risk management at Switzerland’s pension supervisor to lead its local retirement business. André Tapernoux, currently head of the risk management department at the Oberaufsichtskommission Berufliche Vorsorge (OAK), will start his new role at Mercer in February next year. Tapernoux joined OAK, established in 2011, in July 2012. His new role will mark a return to Mercer, where Tapernoux worked as an actuary for nearly nine years, starting in late 2003.ABP – The €353bn Dutch civil service scheme has appointed Geraldine Leegwater to the board, following a nomination by union CMHF. Leegwater is chief executive at the pension fund of ABN AMRO, having served as CIO at the scheme for 10 years. She succeeds René van de Kieft, appointed chief executive at MN, the €110bn asset manager for the large metal schemes PME and PMT. Leegwater, who is also chair of the Pension Federation’s committee for risk advice, is to remain in her job at the ABN AMRO scheme. Her board membership at ABP is part time.The Health Foundation – Aidan Kearney has been appointed CIO by UK independent charity the Health Foundation, replacing Andrew Chapman. Kearney was previously fund-of-funds manager at Aberdeen Asset Management. He left Aberdeen last year after the company bought Scottish Widows Investment Partnership and merged the two ranges of funds-of-funds. Chapman, who had previously been pension investment manager at the John Lewis Partnership, was CIO at the Health Foundation from June 2012.last_img read more

Mannone sounds Westwood warning

first_imgNew Sunderland goalkeeper Vito Mannone has warned Keiren Westwood he did not join the club to sit on the bench. Press Association Mannone added: “We live in a world of competition. I will work and do my best to be in the first eleven, and then the manager will decide. All I can do is try to show what I am capable of.” Both men have big boots to fill with Belgium international Mignolet having earned a £9million move to Liverpool with consistently excellent performances during his time at the Stadium of Light. Westwood is desperate to regain his international place with Ireland boss Giovanni Trapattoni having turned to Millwall’s David Forde because of his lack of club football, and that will provide him with an added incentive to make the most of Mignolet’s departure. However, Mannone is viewing his arrival on Wearside as a chance to fulfil the potential which persuaded Arsene Wenger to take him to north London, and he is confident Sunderland can give him the platform to do just that. He said: “The potential [of the club] is incredible. I have come from a big club but to be honest, I don’t see any difference in the facilities. From what I can see on my first day, they are brilliant. To have good facilities where you can work and improve is something every club wants to achieve. “The base is there and I am really happy to be here. I waited a long time for an opportunity like Sunderland, and for me it is a great one. I’m very excited. I am here to work hard and to show what I can do.” Mannone follows Valentin Roberge, Modibo Diakite, Cabral, David Moberg Karlsson and Duncan Watmore into the club with the Black Cats’ summer recruitment drive showing little sign of abating. center_img The 25-year-old Italian becomes the latest man to accept compatriot Paolo Di Canio’s offer of employment on Wearside as the manager moved to replace the departed Simon Mignolet. Mannone, who joined Arsenal from Atalanta as a 17-year-old, has signed a two-year deal for an undisclosed fee, understood to be around £2million. However, having made just 26 senior appearances in eight years with the Gunners, the former Italy Under-21 international wants regular football, and that means a battle with Republic of Ireland international Westwood. He told the club’s official website: “Of course, every player knows they have competition.” last_img read more

Samuel Eto’o signs for Qatar league side

first_imgThe club said on social media that it would “present the international star Samuel Eto’o” at a press conference.It is understood he underwent a medical earlier in the day.The four-time African player of the year will join former colleagues in Qatar, including ex-Barcelona teammate Xavi Hernandez, who plays for Al Sadd, and Wesley Sneijder who was at Inter with Eto’o.In 2009, Eto’o won the Champions League with Barcelona playing alongside Xavi. A year later he won the same trophy with Inter in the same team as Sneijder.The Dutchman now plays for Al Gharafa in Qatar’s domestic competition, the Qatar Stars League.The signing is a coup for Qatar Sports Club, who finished in mid-table last season and currently have little hope of winning any domestic titles.Earlier on Monday Eto’o said Ligue 1 clubs had contacted him after he announced he was leaving Turkey last week. The 37-year-old is now in the twilight of a fabulous career.He enjoyed five hugely successful seasons with Barcelona from 2004 to 2009, before helping Jose Mourinho’s Inter team to win the treble of Champions League, Serie A and Coppa Italia titles in his first season in Italy.He then had brief stints at Chelsea and Everton in the Premier League. Eto’o also scored 56 times for his country in 118 appearances and won two African Cup of Nations with Cameroon.0Shares0000(Visited 10 times, 1 visits today) 0Shares0000The former Barcelona, Inter Milan and Chelsea striker will be unveiled on Tuesday, said Qatar Sports Club, the latest big-name edition to Qatar’s domestic league as it gears up to host the 2022 World Cup.DOHA, Qatar, Aug 14 – Veteran Cameroon star Samuel Eto’o has signed for Qatar league side, Qatar Sports Club, it was announced Monday, just days after he ended a brief stay at Turkish side Konyaspor.The former Barcelona, Inter Milan and Chelsea striker will be unveiled on Tuesday, said Qatar Sports Club, the latest big-name edition to Qatar’s domestic league as it gears up to host the 2022 World Cup.last_img read more