Wednesday people roundup

first_imgVeritas Asset Management – Ian Barnes, former head of UBS Asset Management for Ireland and the UK, has been appointed to the newly created position of chief executive of £12bn (€14bn) Veritas Asset Management. He will join in early 2017, becoming part of the managing partners board that already comprises Charles Richardson, Andy Headley, Ezra Sun and Richard Grant. Barnes had been head of asset management at UBS for UK and Ireland since 2012. Before that, he was at Russell Investments, where his initial role as senior investment consultant evolved into a focus on fiduciary management. Veritas Asset Management became a distinct limited liability partnership as part of a corporate reorganisation in 2012.Willis Towers Watson (WTW) – Alfred Gohdes, chief actuary for pensions consulting for the consultancy’s German business, will be retiring from WTW at the end of February 2017. A well-known figure in the industry, Gohdes has been at WTW and its predecessors for about 35 years.  Actuarial Association of Europe (AAE) – Kristoffer Bork has been elected chairman of the AAE for the year to September 2017. A Danish national, Bork was president of the Danish actuarial association, Den Danske Aktuarforening, from 2010 to 2016. Bork succeeds Philip Shier, who became the actuarial manager of the Society of Actuaries in Ireland after retiring from Aon Hewitt. Thomas Béhar was elected AAE vice-chair for the coming year. From France, Béhar is group chief actuary at insurer CNP Assurances. BlackRock – Alexandra Haggard joined as head of consultant relations for the EMEA. She is the former chief executive at Stamford and before that was a managing director at Russell Investments. She will manage BlackRock’s 30-strong EMEA consultant relations team. Haggard is also chair of the CFA UK Steering Committee 2017 Ethical Leadership Programme and a Steering Committee member of the CFA Diversity Project.Greater Manchester Pension Fund – Sandra Stewart has taken over from Peter Morris as executive director of pensions following the latter’s retirement. Stewart has been solicitor to the £17bn (€21bn) local authority fund for more than 15 years, and added the role of director of pensions to her role as executive director in charge of governance and resources. Morris retired after 40 years in local government in the UK. The changes were effective in May. Alternative Investment Management Association (AIMA) – Simon Lorne is taking over as chairman of the trade body, replacing former SEC commissioner Kathleen Casey. Lorne is vice-chairman and chief legal officer at Millennium Management. Lorne is a member of the new council, AIMA’s global board of directors, which also counts four new members: Robyn Grew, chief administrative officer and general counsel at Man Group; Han Ming Ho, partner at Sidley Austin; Ryan Taylor, partner and global head of compliance at Brevan Howard Asset Management; and Michael Weinberg, senior managing director and chief investment strategist at Protégé Partners.UK Pension Protection Fund (PPF) – The UK lifeboat fund’s operational due diligence manager, Kevin Eastwood, has been granted chartered status by the US Investment Management Due Diligence Association (IMDDA). He is said to be the first person outside the US to have done so. The IMDDA is the US professional body for individuals and companies that are tasked with due diligence in the investment management industry. Société Générale Securities Services – Massimiliano Notarianni has been appointed global head of sub-custody network management. Mathilde Guérin, whom he replaced, has become deputy head of product engineering. Notarianni was previously head of provider monitoring and change. Both are based in Paris. Russell Investments, Principal Global Investors, Liongate Capital Management, Cardano, Mercer, Veritas Asset Management, UBS Asset Management, Willis Towers Watson, Actuarial Association of Europe, BlackRock, Stamford, Greater Manchester Pension Fund, AIMA, Pension Protection Fund, Société Générale Securities ServicesRussell Investments – Pascal Duval, chief executive for the EMEA region, has resigned from the asset manager after two decades of service. A successor has not yet been appointed. Duval’s move comes after Russell Investments was sold to private equity firm TA Associates last year. Duval said: “Now that we have come through a period of ownership uncertainty and the firm is entering into a new and exciting phase of its evolution, the time is right for me to start a new personal chapter.” Principal Global Investors – Tim Stumpff has been appointed chief executive, replacing Nick Lyster, who has been appointed to the newly created role of global head of wealth advisory services. Stumpff joined Principal Financial Group in 200, and has most recently served as president of Liongate Capital Management. Lyster, who served as chief executive from 2006 to 2016, will be responsible for delivering Principal’s investment capabilities to global wealth management firms, with a focus on the Dublin-domiciled UCITS range of funds.Cardano – Pim van Diepen will join Cardano as director of business development as of 1 November 2016. He joins from Mercer, where he worked for 12 years, including as head of the ALM Netherlands team and was business leader of Mercer Retirement in the Netherlands. Van Diepen is a member of the Dutch Actuarial Association, participating in the risk management networking group. last_img read more

Smart Stats

first_img18.05 – India’s average runs per wicket in this series – their third-worst in any Test series. Incidentally, the two series in which they were worse also came against New Zealand: 13.37 in New Zealand in 2002-03, and 16.61 when New Zealand toured India in 1969-70. 242 – India’s highest score in this series in the four innings. This is their second-lowest highest score in a series of two or more matches. In the 2002-03 series in New Zealand, India’s highest in the series was only 161, which is the lowest. 34.61 – Average of New Zealand’s eighth to tenth-wicket partnerships in this series. The six partnerships for their last three wickets yielded 205 runs from two innings, with two fifty-plus stands. In both their first innings of the Tests, the lower order produced invaluable runs. g58 – The highest score by an India batsman in this series (Mayank Agarwal) – the lowest highest score in a series of two or more matches for India ever. In fact, the last time no India batsman scored a century in any series was back on the 2002-03 tour of New Zealand. India has played 60 Test series since then. 2011-12 – The last time India suffered a whitewash in a series of two or more Tests. India had 4-0 defeats in England and Australia back then. Prior to that, their last series whitewash was, again, in New Zealand – 2-0 in 2002-03. So, this is the first time India has been whitewashed in Tests under Virat Kohli. 9.50 – Kohli’s average in this series – with scores of 2, 19, 3 and 14. It is his second-worst in any series. His only worse series was the Border-Gavaskar Trophy at home in 2016-17, when he averaged 9.20 with 46 runs in five innings. This was the tenth time an India captain averaged less than 10 in an away series of two-plus matches – India lost nine of those series (and drew one). On this tour, Kohli could get only 218 runs in 11 innings across formats. 14 – Wickets for Tim Southee in this series, which makes it his second-most-productive series in terms of wickets taken. The only series in which he took more wickets (18) was against West Indies in 2013-14. He was Man of the Series for his performance here – only the second such award of his Test career.Also Read: Heinrich Klaasen ton helps South Africa to big win over AustraliaAlso Watch: Swearing-in Ceremony of Pallav Bhattacharyya as new Chairman of APSC held todaylast_img read more