Keith Shepherd, the City of Edinburgh Council Lothian Pension Fund's head of investments and treasury, is leaving the fund.
Shepherd could not be reached for comment, but Colin Hay, the £2bn fund's principal investment officer, confirmed that he was leaving. According to Hay, Shepherd has been with the fund for the past eight years.
Currently, the fund is fund is reviewing two European equities briefs. The mandates are split between Deutsche Asset Management, which has approximately £150m under management, and Bank of Ireland which manages £30m. Both were invited to reapply for their mandates.
By Geoffrey Ho
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.