UK - Rick Di Mascio, chairman of the T-charter has announced he will not be putting himself up for re-election.
Di Mascio has led the industry working group aimed at achieving common standards and transparency in transition management since 2005.
The T-charter - a voluntary code of best practice for transition managers - was launched in October 2007. It is used by many pension schemes and their investment advisers and it has been endorsed by trade bodies such as the UK's National Association of Pension Funds.
He said: "I have been chairman since the T-Charter began and am proud of the strides we have made to improve levels of disclosure, transparency and accountability. However, after five years in the role, I feel that the time is right for someone else to take on the position and continue the good work."
Di Mascio, who is also chief executive of Inalytics, told Global Pensions he would be focusing on his company and clients.
In September, Inalytics announced the creation of a transition management league table that would serve as a benchmark to help pension funds select managers and assess manager performance. It was developed in conjunction with Mercer and Hewitt Associates. (Global Pensions; September 9, 2009)
He added: "Inalytics and I will continue to take an extremely active role within the transition management industry. Although a great deal of progress has been made over the years, there are still fundamental issues that require examination. I look forward to working with all concerned to ensure that these are addressed."
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