Appointments and moves
Schroders' institutional business has appointed Margaret de Valois as a client director responsible for managing some of Schroders' major UK institutional pension scheme client accounts. Ms de Valois is the first actuary to move into a client relationship position within Schroders. Prior to joining Schroders, Ms de Valois was a member of the corporate consulting actuarial team at HSBC and former editor of The Actuary.
Watson Wyatt has announced the appointment of Martin Muir as the leader of its Insurance and Financial Services Practice UK life team, and Graham Fulcher as the leader of the UK non-life team. Mr Muir and Mr Fulcher are long-standing members of the Watson Wyatt team.
Punter Southall has announced that John Gordon has joined the company as a senior consultant in the Edinburgh office to increase its actuarial resources and assist with the growth and development of the firm's business in Scotland. Prior to joining Punter Southall, Mr Gordon was a consulting actuary at HSBC Consultants and Actuaries.
Hannover Life Re has announced the following promotions: Neil McPhillips has been promoted to manager within the actuarial finance team, with responsibility for embedded value and ICA reporting. Brian Sewell has been promoted to actuarial pricing manager. Mr Sewell will remain involved in the client pricing and tender process, while taking on more responsibility for experience analyses.
Paul Caprez has joined Ark Syndicate Management Limited as chief financial officer based in London. Mr Caprez joins Ark after 14 years at Assicurazioni Generali, working initially at the London branch office and then at the group headquarters in Trieste, where he was involved in capital management, M&A and corporate finance.
Gen Re has announced that Peter Temple will take over business responsibility for Cologne Reinsurance Company, United Kingdom branch. Mr Temple has been with Gen Re for 10 years.
KPMG has appointed Stuart Shepley as partner in the Insurance Risk and Actuarial Services group where he will have particular responsibility for growing and developing KPMG's non-life insurance risk and actuarial practice across Europe. Mr Shepley joins KPMG from Grant Thornton, where he was a partner leading the finance, actuarial and risk consulting businesses.
JLT Benefit Solutions Ltd has announced the appointment of Nnamdi Odozi as an investment consultant in London. Mr Odozi was previously a consultant with KPMG.
Barnett Waddingham has appointed John O'Neill as partner and Kim Durniat as associate in the firm's Insurance Consulting Team. Mr O'Neill and Ms Durniat were formerly with Mazars Actuarial Services.
The Pension Protection Fund has appointed Ian McKinlay as chief investment officer to oversee its investment portfolio. Mr McKinlay joins the PPF from Pricewaterhouse- Coopers where he was head of its investment consulting practice, providing advice to corporate bodies on how to manage pension scheme risk. Prior to joining PwC, Mr McKinlay was head of Aon Consulting's investment practice between 2000 and 2007. He was previously a scheme actuary at Mercer for five years.
The Financial Reporting Council (FRC) has announced the appointment of Jim Sutcliffe, FIA, as the next chair of the Board for Actuarial Standards (BAS) and a director of the FRC. This appointment follows the decision by Paul Seymour, who has served since the end of November 2005, to stand down as chair of BAS. Jim Sutcliffe will take over in mid-June 2009. A copy of the full press release can be found at www.frc.org.uk/press/pub1888.html
Hymans Robertson has promoted five of its investment and longevity risk management staff to partner: Steven Baxter, Stephen Birch, David Boyd, Nick Forrester and Clare Gardner.
Watson Wyatt Worldwide has appointed Nicholas Smith to lead its defined contribution (DC) investment team. Mr Smith joins Watson Wyatt from Schroder Investment Management where he spent the last 12 years on the institutional side of the firm, latterly as an executive director. Prior to this, Mr Smith worked at Norwich Union Investment Management for 20 years.
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