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People moves: Standard Life Aberdeen scraps co-CEO model [updated]

first_imgGilbert will move to become vice-chairman of Standard Life Aberdeen and chairman of Aberdeen Standard Investments, while retaining his seat on the company’s board as an executive director.“In this role, Martin will be able to focus solely on our strategic relationships with key clients, winning new business and realising the potential from our global network and product capabilities,” the company said.Gilbert and Skeoch have shared the chief executive role since the 2017 merger of Aberdeen and Standard Life . Meanwhile, chief financial officer Bill Rattray is to retire from the board on 31 May. He was first appointed finance director at Aberdeen in 1991 and has worked at the group for 34 years. He will be replaced as CFO by Stephanie Bruce, subject to regulatory and shareholder approval. She is currently a partner at PwC.Richard Mully is also to retire from the board after the next annual general meeting in May. He has worked for Aberdeen since 2012 as a director.ABP – The Netherlands’ biggest pension scheme has appointed industry veteran Loek Sibbing to its board with immediate effect, representing employers. He fills the vacancy left by Erik van Houwelingen, who left for Dimensional Fund Advisors in August.Between 2010 and 2014, Sibbing was chief executive of Univest Company, the asset manager for Unilever’s 80 international pension funds. Prior to this, he was CEO of Unilever’s Dutch defined benefit scheme Progress, and has also led the pension funds of construction company Volker Wessels and temporary employment firm Randstad.In 2014, he became chief executive of the Dutch Investment Institution (NLII), tasked with developing investment opportunities in the real economy on behalf of the 10 largest Dutch institutional investors. Sibbing has also been chairman of the Dutch industry organisation for company pension funds (OPF), which later merged into the Pensions Federation, and has served on the board of European lobbying organisation PensionsEurope.Separately, the €399bn civil service scheme has also appointed Krista Nauta to its board, also as an employer representative. She joins from the €215bn asset manager and pensions provider PGGM, where she was a senior policy adviser and strategic product manager since 2013. Nauta succeeds Joop van Lunteren who left on 1 March.Aviva Investors – The €388bn investment house has hired Paul LaCoursiere as global head of ESG research, a newly created role. He will be responsible for the group’s ESG research process as well as the integration and monitoring of ESG criteria within equities and credit. He will jointly lead the research team with Mirza Baig, global head of governance, who is responsible for ESG integration across Aviva Investors’ multi-asset and real assets units.LaCoursiere was previously Aviva Investors’ global head of corporate research, having rejoined the firm in 2014 following a year running fixed income at Chicago Equity Partners. He was a fixed income portfolio manager at Aviva Investors between 2010 and 2013.Meanwhile, Oliver Judd and Kevin Gaydos have been named co-heads of credit research. Judd is based in London and has worked for Aviva Investors since 2006, while Gaydos is based in Chicago and joined the company in 2008.BMO Global Asset Management – The $260bn (€230bn) investment house has made a trio of hires to its responsible investment team. Nina Roth joins from German development agency GIZ as a director, having previously worked at Deutsche Bank and UBS. Alan Fitzpatrick joins as a product specialist from Hermes EOS, while Derek Ip joins as an ESG analyst having previously worked at groups including Trucost, the Climate Bonds Initiative, and RESET Carbon. Nikko Asset Management – Takumi Shibata has decided to step down as president and CEO of the $201.8bn Japanese asset manager, effective 1 April. He has worked at the company since 2013 and was appointed CEO in 2014.Hideo Abe and Junichi Sayato will be appointed as co-CEOs, the company announced. Abe will also hold the title of president and Sayato the title of chairman.Cardano Group – Darren Redmayne has been appointed to the Anglo-Dutch investor’s management board. He is CEO of Lincoln Pensions, a covenant advisory specialist firm that he founded in 2008 and that was acquired by Cardano in 2016. Prior to founding Lincoln Pensions, Redmayne spent 10 years at Close Brothers, and was seconded to help set up the UK’s Pensions Regulator.Last month Cardano announced it had agreed to acquire auto-enrolment master trust NOW: Pensions from Denmark’s ATP for an undisclosed sum.MJ Hudson Allenbridge – The UK consultancy group has appointed Norbert Fullerton as a senior adviser. He joins from Mercer where he was a partner in the company’s wealth consulting and solutions business. He also advised on strategy for defined benefit pension scheme clients. Fullerton also previously worked at Russell Investments and Willis Towers Watson.MSCI – Lee Phillips has joined the index provider as head of EMEA fixed income and country head for the UK and Ireland. He joins from FTSE Russell where he was a managing director in global strategic account management. He previously held senior index sales roles at Barclays and Lehman Brothers.Danica Pension – Heidi Verup has been appointed as the new director for private clients at the DKK566bn (€76bn) pensions provider and subsidiary of Danske Bank. She replaced Britta Bjerregaard who worked at the Danish pension fund for just over a year. Verup previously worked at the Danish financial group Alm Brand from April 2017 as a partner and director, where she managed a team of 10 people. In her new role with Danica she will be managing a team of 120.Invesco – Charles Moussier has joined the $945.7bn asset manager as head of insurance investment solutions for the EMEA region, tasked with developing Invesco’s insurance business.He was previously executive director for the investment banking division of Natixis, responsible for developing the company’s financial institutions advisory business. He has worked for AXA Group as deputy head of global investment solutions, and has held senior roles at Crédit Agricole and AXA RE.MUFG Investor Services – Mitsubishi UFJ Financial Group’s asset servicing arm has appointed Bruno Bagnouls as managing director and head of private equity and real assets in Luxembourg. He joins from TMF Group where he was group head of private equity and real estate. He has over 20 years of experience with fund and corporate services providers.Legal & General Investment Management (LGIM) – Claire Aley has joined as head of product and investments business management. She was previously head of product strategy and development at Hermes Investment Management, and has held senior roles at Highclere International Investors, Next Financial and Mason Stevens.In her new role, Aley will be responsible for oversight of LGIM’s global product strategy, development and management functions as well as business management for the investment teams.Hymans Robertson – Catherine McFadyen has been promoted to head of actuarial, benefits and governance for UK local government pension schemes at the consultancy. She has been with Hymans Robertson since 2003, and is a partner in the firm.Nomura Asset Management – The UK arm of Nomura has hired Anne Dillé-Weibel as business development director and Leigh Fisher as business development manager as it looks to strenghten its EMEA distribution. Dillé-Weibel joins from BNP Paribas Asset Management where she was head of alternative sales, while Fisher joins from Investec Bank where she was a senior sales manager. Intervalor – Thomas Bolvig  has been taken on by Nordic asset management marketing company Intervalor as client executive. Bolvig will be based in Copenhagen as the company attempts to increase its presence in Denmark through senior-level recruitment. Bolvig comes to Intervalor from Danske Capital, where he was head of business development for Benelux. Prior to this, he worked for Danish financial services company Nykredit and Swedish banking group SEB. Standard Life Aberdeen, ABP, Aviva Investors, BMO GAM, Nikko AM, Cardano, MJ Hudson Allenbridge, MSCI, Danica, Invesco, MUFG, LGIM, Hymans Robertson, Nomura, Intervalor Standard Life Aberdeen – Martin Gilbert (right), co-founder of Aberdeen Asset Management, has stepped down from his position as co-CEO of Standard Life Aberdeen. Keith Skeoch is now the sole CEO of the £551bn (€643.6bn) investment services giant.The “dissolution” of the co-CEO structure was “designed to strengthen our client focus, simplify reporting lines and put in place a structure which will facilitate robust execution of the next stages of our transition and transformation programmes”, the company said in a statement.last_img read more

Don’t forget to donate blood today

first_img Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comments Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close WordPress.com Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. There are no comments posted yet. Be the first one! Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new comments Follow us on Facebook.Follow us on Twitter.last_img read more

ESPN’s Marty Smith expresses frustration after a noose was found in Bubba Wallace’s garage

first_imgMany viewers who were watching Smith live tweeted their support, and felt his passion.Marty Smith speaks from the heart and always has. He loves NASCAR and is talking for so many fans, media, drivers and so many more connected with the sport tonight. pic.twitter.com/KIEKiVvK7f— Arash Markazi (@ArashMarkazi) June 22, 2020Marty Smith is almost dropping F bombs on ESPN. He is incredibly upset, and I’m with him.— Jordan Dajani (@JordanDajani) June 22, 2020Shoutout to Marty Smith being so vulnerable and showing humility during a moment like this. They gotta find the man. This is sick pic.twitter.com/BAe53qrY2O— JUNE (@LeeonPhelps) June 22, 2020As for Wallace, Smith reports that the driver never actually saw the noose. Someone else on his team noticed it and they brought it to NASCAR’s attention.”This will not break me, I will not give in nor will I back down,” Wallace said in a statement on Twitter. “I will continue to proudly stand for what I believe in.” ESPN’s Marty Smith was brought on to “SportsCenter” to deliver a report on a noose being found in Bubba Wallace’s garage, but Smith couldn’t help but let himself get emotional on the subject.Smith went on a passionate speech while talking about the subject, often trying to avoid using too many expletives. He let one slip, but was otherwise careful because he was on live television.  “This sport is in a moment where this crap, this despicable crap is not only not acceptable, but there’s just no place for it,” Smith said. “And whomever that is, I hope that you are so ashamed of yourself. I hope that you realize that that is someone’s dignity. And that is someone’s positioning in this sport who has earned his place by talent and by hard work. And he stood up for something that he believed, and he asked for help from other people who believe similarly. And the measures were taken to start taking those steps.”MORE: NASCAR community reacts to noose in Wallace’s garageSmith went on to discuss how much he enjoyed Talladega before this incident.”[Talladega] is my favorite race. I love the staff here,” Smith says. “And then some … I’m about to say words I’m not allowed to say. Something like this happens? In the garage area? In the garage area of Richard Petty’s race car?”Smith has covered NASCAR for ESPN since 2006, and he truly cares about the sport. So to see something like this happen, he was clearly frustrated. “For a young man in Bubba Wallace, who has galvanized so many people because he was willing to stand up for something that is so long overdue, and NASCAR’s current management level, executive level agrees that it was time to take this stand, and somebody goes and does this,” Smith said. “You’re not just hurting one or two people, whomever you are. You’re hurting a whole lot of people who have made the decision that it is damn sure time to go be better, and it pisses me the hell off. And it pisses everybody else in the sport off who care, who care not only for Bubba, but for every single person that he is standing up for. And I am so sorry that we even have to have this discussion tonight.”last_img read more

Sudanese geneticist released from prison after revolution Im very optimistic

first_img Country * Afghanistan Aland Islands Albania Algeria Andorra Angola Anguilla Antarctica Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia, Plurinational State of Bonaire, Sint Eustatius and Saba Bosnia and Herzegovina Botswana Bouvet Island Brazil British Indian Ocean Territory Brunei Darussalam Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Chad Chile China Christmas Island Cocos (Keeling) Islands Colombia Comoros Congo Congo, the Democratic Republic of the Cook Islands Costa Rica Cote d’Ivoire Croatia Cuba Curaçao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Falkland Islands (Malvinas) Faroe Islands Fiji Finland France French Guiana French Polynesia French Southern Territories Gabon Gambia Georgia Germany Ghana Gibraltar Greece Greenland Grenada Guadeloupe Guatemala Guernsey Guinea Guinea-Bissau Guyana Haiti Heard Island and McDonald Islands Holy See (Vatican City State) Honduras Hungary Iceland India Indonesia Iran, Islamic Republic of Iraq Ireland Isle of Man Israel Italy Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Korea, Democratic People’s Republic of Korea, Republic of Kuwait Kyrgyzstan Lao People’s Democratic Republic Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macedonia, the former Yugoslav Republic of Madagascar Malawi Malaysia Maldives Mali Malta Martinique Mauritania Mauritius Mayotte Mexico Moldova, Republic of Monaco Mongolia Montenegro Montserrat Morocco Mozambique Myanmar Namibia Nauru Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue Norfolk Island Norway Oman Pakistan Palestine Panama Papua New Guinea Paraguay Peru Philippines Pitcairn Poland Portugal Qatar Reunion Romania Russian Federation Rwanda Saint Barthélemy Saint Helena, Ascension and Tristan da Cunha Saint Kitts and Nevis Saint Lucia Saint Martin (French part) Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa San Marino Sao Tome and Principe Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten (Dutch part) Slovakia Slovenia Solomon Islands Somalia South Africa South Georgia and the South Sandwich Islands South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Swaziland Sweden Switzerland Syrian Arab Republic Taiwan Tajikistan Tanzania, United Republic of Thailand Timor-Leste Togo Tokelau Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Tuvalu Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Venezuela, Bolivarian Republic of Vietnam Virgin Islands, British Wallis and Futuna Western Sahara Yemen Zambia Zimbabwe Sign up for our daily newsletter Get more great content like this delivered right to you! Country Sudanese geneticist released from prison after revolution: ‘I’m very optimistic’ Muntaser Ibrahim says he was “really moved by the extent of international solidarity from the scientific community” during his imprisonment. Email On 11 April, Sudan’s despotic ruler of 3 decades Omar al-Bashir was deposed by the country’s military. The momentous move was precipitated by months of crippling public protests over deteriorating living conditions in the North African country. Although Sudan’s political future remains in limbo, with the military facing mounting calls to hasten a handover to civil rule, many Sudanese remain hopeful of a brighter future.On the same day that al-Bashir was ousted, the country’s security services released political prisoners arrested during the protests. Among them was geneticist Muntaser Ibrahim, who had by then spent 50 days behind bars after he and his academic colleagues had drawn up a document, signed by many other staff at the University of Khartoum, that contained suggestions for regime change.Science spoke to Ibrahim about his imprisonment, his release, and the future of science in Sudan. This interview has been edited for clarity and brevity.center_img Gamal Osman Q: Tell us about your arrest.A: There were actually several this year. The first time, I was sitting with colleagues discussing the memorandum for regime change we were preparing to deliver to the government. We were released the same day. The second time was during a protest at a University of Khartoum staff club. They arrested 25 of us and, again, released us at the end of the day. Usually, during those arrests, they are harsh with the young people, but they respect us gray hairs a bit more.The third and last took place in the center of Khartoum. It was during a political rally for the coalition asking for leadership change, which were happening three times a week. I had been asked to represent university staff, so I went. Even before anything started there were hundreds of security forces all around. They asked us to come with them.Q: Were you always politically active? A: I was active as a student, but since starting a research job I didn’t have the time! But in the last year or so I decided to take action. Things were dire, and everything was deteriorating. That’s when we started working on the memorandum for change from university staff. But no, I never thought I’d be a prisoner.Q: During your 6 weeks in prison, were you ever charged with anything?A: No, never. Freedom of gathering is guaranteed by Sudan’s constitution. I was only interrogated once. I believe my detention was directly related to the fact that more than 700 faculty members of the University of Khartoum signed a proposition for a peaceful transfer of power.Q: Did you know what was going on outside the prison? A: We were able to follow what was happening in the streets. We were usually let out of our cells for an hour or so. During the last 2 days they didn’t let us out at all, not even for an hour. But a prisoner would go out for medical treatment and get news, and when he came back he whispered it to us. We heard that people were in the streets in the hundreds of thousands. Our morale was getting higher.Q: How did you find out you were going to be released?A: They just came in the morning with instructions that we were going home. They just let us out. Outside the prison, people were waiting for us. They carried us on their shoulders. It was an amazing experience.Q: What’s happening now? Are the universities back up and running?A: Nothing is running. We still don’t have a civilian government. The military that took over are dragging their feet a bit. There is no lab work, and the country is still in a standstill. Students are still sitting in the yards.Q: And you, what are you doing? A: Since my release, I have been longing for my cell and the relaxation! [Laughs] We, the university staff, are still active in trying to reach a settlement to the political crisis. The university, historically, is a respected institution. I’m also busy finishing a book that I’ve written with Charles Rotimi [of the U.S. National Institutes of Health] about the genetics of African populations. I have had time to download the final manuscript and the proofs, and I hope it will be out soon.Q: How do you feel about the future of science in Sudan? A: I’m very optimistic about this revolution. We are smelling change. It will be good for science. Science needs independent universities, it needs freedom of thought. And scientists, like anybody else, need to take part in these turning points in history. It’s our duty.Q: Do you have a message to the people who called for your release?A: I was really moved by the extent of international solidarity from the scientific community. I didn’t see it as solidarity with myself, but with the peaceful protests. I took it as an indication of appreciation of what the Sudanese people have done. I hope we can get back to a normal life. Click to view the privacy policy. Required fields are indicated by an asterisk (*) By Linda NordlingApr. 29, 2019 , 5:05 PMlast_img read more