Appointments

UBS has placed greater emphasis on its pension risk management business by segmenting it from asset management to become a separate department, a spokesman has said.

BNP Paribas Securities Services has hired Sid Newby as head of pension fund sales in a move aimed at winning more asset owner business.

Large consultancies have experienced double-digit growth within their defined contribution (DC) teams in just two years.

Former Royal Bank of Scotland head Stephen Hester is to join insurer RSA as CEO with immediate effect.

Punter Southall senior consultants Adam Gillespie and Rob Wallace have been promoted to principal level in a bid to strengthen the advisory team.

Leonard Cheshire Disability has appointed Punter Southall to advise it on the future design of pension arrangements for its 7,500 employees, following a competitive tender.

JLT Employee Benefits (JLT EB) has named former Prudential head of corporate pensions Martyn Bogira as a director responsible for its defined contribution (DC) and contract-based offerings.

JLT Employee Benefits (JLT EB) has appointed James Staveley-Wadham as principal amid increased demand for its de-risking services.

Former JLT Benefit Solutions executive director Jim Gallagher has joined ITM as director of managed services.

The trustees of the Merchant Navy Officers Pension Fund (MNOPF) have appointed Bob Hymas as chief financial officer (CFO).