NETHERLANDS - Dutch pension fund manager PGGM has appointed Eloy Lindeijer as its new chief investment officer.
He replaces Johan van der Ende who left in October claiming "mutual expectations within the executive committee would impede successful co-operation". (Global Pensions; 4 October 2010) Jac Kragt, chief finance and risk officer, had been serving as CIO on an interim basis.
Lindeijer will begin on 1 September and report to chief executive officer Martin van Rijn. He joins from De Nederlandsche Bank (DNB) where is division director of financial markets.
van Rijn said: "We are delighted that Eloy is joining us. His thorough knowledge of the financial markets and his management experience mean he is ideally placed to provide strong leadership of the Asset Management unit and to serve as a member of our Executive Committee."
The appointment is subject to approval by the DNB.
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.