RPMI has appointed APG’s Angelien Kemna to the board of its investment arm as a non-executive director, portfolio institutional has learned.
Kemna (pictured) is chief financial and risk officer at the €377bn in-house asset manager for the Dutch pension fund APG.
She was previously chief investment officer at APG and prior to that held roles as a professor at Erasmus University Rotterdam and as chief executive at ING Investment Management, Europe.
RPMI chief executive Chris Hitchen said he was “delighted” to have Kemna on board, adding her experience in the Dutch pension fund market would help RPMI address some of the governance issues it is currently facing.
The £20bn scheme is currently undertaking what it has termed an “investment transformation programme” (ITP) which it said has resulted in a new governance structure, revised investment beliefs and “a clear focus on accessing both traditional and alternative risk premia in the most efficient way possible”.
In October, Karl Sternberg joined the board. Sternberg is co-founder of Oxford Investment Partners and has more than 20 years’ experience in senior investment roles, including chief investment officer at Deutsche Asset Management.
Other appointments in the past year include John Chilman who joined as chairman of the Railways Pension Trustee Company Limited (RPTCL) in June, succeeding Derek Scott who retained his role as an employer director of the Railways Pension Scheme.
And in May last year, Richard Williams was appointed to the newly-created post of chief investment risk officer (CIRO) at RMPI Railpen. Williams formed part of the investment leadership team, along with investment directors Paul Bishop and Ciaran Barr, reporting to Hitchen.
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