GERMANY - Hans-Jörg Frantzmann is to join Fidelity International as head of institutional sales, taking up the position as of 1 January next year.
Fidelity said Frantzmann would also join the executive management team of the firm's German investment operations (KAG).
Frantzmann joins from FRANKFURT-TRUST, where was MD and responsible for providing support to institutional customers and running overall fund administration.
In his new role, Frantzmann will be responsible for providing advice and support to institutional customers as well as driving forward business development in the division.
He will report to Klaus Mössle, MD and head of institutional business.
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point