S&P hires head of business development
UK - Standard & Poor's, the ratings agency, has appointed Alex Weiland as head of business development for its newly-established European pensions business.
Weiland will be responsible for marketing and sales of Standard & Poor's pensions services, which are aimed at helping trustees of defined benefit schemes understand and benchmark more effectively their credit and investment risks.
Previously, Weiland was director of European sales and marketing for First Quadrant, the quantitative manager of alternative strategies. He has also worked with Gartmore, Fidelity and Schroders.
Jim MacLachlan, head of Standard & Poor's European pensions services business, said: We have had a very positive response from the market for our new pensions services, which provide trustees with the first independent means of assessing their overall credit and investment risks. We are now recruiting to build the new operation and Alex's appointment will be key in driving forward the business.
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