People moves: Local Pensions Partnership Investments names CFO

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Local Pensions Partnership Investments (LPPI) – The Local Government Pension Scheme (LGPS) investment pool, which provides a whole scheme management model for the stewardship of client fund assets, has appointed Louise Jack as its new chief operating officer and member of the LPPI executive committee.

As COO, Jack will take responsibility for the finance, investment operations, technology and business change teams; playing a pivotal role in driving our strategic initiatives, operational excellence, and ensuring we continue to deliver value to our clients and stakeholders.

Jack is an accomplished COO with more than 20 years of experience in financial services, bringing expertise in product innovation, fund administration, organisational design, technology, and growth strategies. She has previously served as COO and managing director at Macquarie Group’s asset management business, and held senior management roles at Shell Energy Trading.

PKBS – The Pensionskasse for the city of Basel has appointed Christoph Oeschger as the new chair of its investment committee. He succeeds Michael Christen, who has left the committee at the end of September.

Etienne Rougier at Universal Investment

Universal Investment Group – Etienne Rougier has been named as country head of the group’s Luxembourg office. Alongside his position as COO of the group, Rougier will be responsible for the Luxembourg business, which has seen substantial growth in recent years. His particular focus will be the continued integration of UI efa, following its acquisition last year.

Rougier will succeed Sofia Harrschar, who has been the Luxembourg country head since 2021, alongside her role as Universal Investment’s head of alternative investments and structuring. Given the rapid growth and increasing demands of this division globally, Harrschar will now be dedicated to expanding the alternative investments business, including the development of additional client solutions with her team.

Rougier joined Universal Investment as COO in April 2023 and is based in Luxembourg. He is responsible for technology, operations and change management at group level, and has been tasked with driving and transforming the business to support its overall growth strategy, with specific focus on the growth of the Luxembourg fund hub.

Aviva Investors – The global asset management business of Aviva plc has appointed Angenika Kunne as head of infrastructure equity. She will join Aviva Investors in January 2024 and be based in London, reporting to Ben Sanderson, managing director of real estate and head of active equity.

In her role, Kunne will be responsible for the continued growth of Aviva Investors’ infrastructure equity platform across the UK and Europe, including portfolio management and asset origination activities for its Climate Transition Real Assets Fund.

Kunne has 15 years of investment experience and will join from White Summit Capital, a private equity real assets investor specialising in the energy transition, decarbonisation and sustainability, where she was co-head of its investment team. Prior to this, she was an investment director at Jong Laing, with a focus on the mid-market, renewables, and energy infrastructure.

Sarah Faulkner at ICG

ICG – The global alternative asset manager has appointed Sarah Faulkner as COO based in ICG’s London office.

In this newly-created global role, Faulkner will further develop the company’s operating platform, with responsibility for scaling business flows and fund activities to support ICG’s clients and future growth. She will report to chief financial officer David Bicarregui.

Faulkner joins ICG with more than 20 years of financial services experience, having spent the last 16 years at Goldman Sachs in a number of senior roles as a managing director, including treasurer of Goldman Sachs International and London branch manager of GS Bank USA. Prior to that, she was at Lehman Brothers.

LCP – Amlan Roy has made his move to LCP permanent and joins the investment practice as a partner, after joining as a senior adviser a few months ago.

Roy brings four decades of experience, spanning academia, investment banking and asset management. He has worked with investors, regulators and policy makers in over 50 countries. He will continue his work in global macro and demographic research as well as working directly with our clients on these and other activities.

“Making my move permanent felt like a natural next step and I look forward to continuing my research and work with the diverse range of clients LCP serve,” Roy said.

Mikey Anthony at Pacific Life Re

Pacific Life Re – The insurance company has appointed Mikey Anthony as assistant vice president of sustainability. In this newly-created role, he will develop and manage the company’s ESG strategy to ensure key targets are met and Pacific Life Re complies with environmental regulations in the regions in which it operates.

In addition, Anthony will work closely with the parent company, Pacific Life, and in particular with its corporate social responsibility task force and the Pacific Life Foundation.

Originally from Scotland, Anthony brings a wealth of diverse experience, having worked in quality assurance and legal and compliance across several countries in the Middle East, as well as America and Australia. He joined Pacific Life Re in 2021 as legal counsel and company secretary for Pacific Life Re and UnderwriteMe Australia.

Broadstone – The consultancy appointed Richard Pringle as a principal consultant. He joins Broadstone’s employee benefits consulting division in the health and protection team led by Brett Hill.

Pringle has more than 20 years of experience in risk, health and wellbeing consulting working with corporate clients across various sectors. He has strong experience in financial services and in supporting clients with flexible benefits platforms, from scheme design through to broking and communications.

Prior to joining, Pringle worked for Mercer Marsh Benefits for 10 years, he has also worked for Alexander Forbes Healthcare and Aegon throughout his career.

EDHEC-Risk Climate Impact Institute/Scientific Beta – The two organisations have established a new role of research chair to lead their work on “Upgrading climate scenarios for investment management”. This new long-term research effort is part of the EDHEC-Scientific Beta Advanced Climate Investing Initiative and aims to address the pressing need for fit-for-purpose tools to integrate climate risks into investment management.

EDHEC-Risk Climate Impact Institute scientific director and professor Riccardo Rebonato will lead the research effort. A nuclear physicist by training, Rebonato has made notable contributions to quantitative portfolio theory and risk modelling and management and has held senior research positions in the financial industry.

Carmignac – The firm has appointed a head of private equity, Edouard Boscher, to oversee and coordinate its operations within the asset class. In recent years, Carmignac has conducted a series of private equity initiatives, in line with the view that alternatives can represent an attractive investment opportunity throughout various market cycles.

The firm has also recently entered into a strategic partnership with Clipway, a new private equity firm specialising in secondaries.

As a consequence, Carmignac has appointed Boscher as head of private equity. He will ensure the partnerships are run efficiently, look for opportunities to create meaningful synergies between them and oversee any potential developments within this asset class for Carmignac.

Boscher is based in Paris and reports to CEO Maxime Carmignac. He has significant experience in private equity, having spent more than 20 years working in the industry. He began his career with AXA Investment Managers, before joining Ardian in 2002, where he was, until recently, the managing director of the investor relations department, responsible for overseeing fundraising efforts.

Flavio Cereda at GAM

GAMFlavio Cereda has joined GAM as co-investment manager for GAM’s luxury brands investment strategy. He will be part of the European equity team led by Niall Gallagher, investment director of the European equity funds. He joined GAM on 9 October and will be based in London.

Cereda has over 30 years of investment experience in the luxury sector. He has deep knowledge of the brands, their supply chains, distributors and retailers across all markets as well as insights into the sector informed by multi-year social media trend tracking. He also has a track record of working on 12 IPOs in the sector including Moncler, Brunello Cucinelli, MyTheresa and Ferragamo.

Prior to joining GAM, Cereda had been head of luxury goods research at Jefferies International since 2017. His previous experience includes 11 years at Bank of America Merrill Lynch where he was managing director EMEA equity research, five years at Lazard Capital Markets where he was director of research.

Amundi – Aurélia Lecourtier will be appointed CFO of Amundi, effective 1 November 2023. Domenico Aiello, currently CFO of Amundi, will be appointed deputy chief executive officer of Amundi Italy as of 1 November 2023.

Lecourtier joined Amundi in 2021 as chief of staff of CEO Valérie Baudson. Between 2017 and 2021, she was adviser to the prime minister, in charge of public accounts, civil service and state reform. She was also chief of staff of the minister for action and public accounts. A member of the Cour des Comptes, Lecourtier has held various financial positions in the government’s general secretariat, the Ministry of Finance and the office of the minister of foreign affairs.

Aiello has been with Amundi since 2017 and has held the position of CFO since 2019. He joined the group following the acquisition of Pioneer Investments, where he held the role of CFO since 2012 and supervised governance functions including risk management, legal and compliance. Prior to that, he was head of M&A and business development at UniCredit, having joined the team in 2002, after a six-year experience in investment banking at Dresdner Kleinwort Wasserstein in London where he focused on financial institutions.

Seprately, the asset manager has appointed Bernhard Greifeneder as the new chief investment officer of Amundi Austria. He has served as deputy CIO of Amundi Austria since February this year. He was deputy head of multi-asset since 2018, and was appointed head of multi-asset in 2019. Prior to that, he held various positions at Amundi Austria, including as senior portfolio manager, head of quantitative research and member of the investment committee.

Union Bancaire Privée (UBP) – The firm has named Nicolas Delrue head of institutional sales EMEA on top of his current responsibilities as head of investment specialists in Paris. Additionally, Christophe Gantenbein, who joined UBP in January 2023 as global head of private markets institutional solutions, now leads private markets business development in Zurich. They report to Nicolas Faller, co-CEO asset management.

Delrue previously worked as an investment specialist for the convertible bond desk at Fortis investments. From 2005 to 2008 he was an investment specialist for the single-strategy hedge fund business at SGAM Alternative Investments. He started his career with analyst positions at the Caisse des Dépots et Consignations and Euronext.

Gantenbein joined UBP in January 2023 after more than 12 years of service with Partners Group where he was a member of management in charge of client solutions for European institutional clients. Prior to joining Partners Group in 2010, he started his career in investment banking at Credit Suisse in 2005.

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