Local Pensions Partnership (LPP), the £18bn LGPS pool, has announced the appointment of a new CEO and CIO.
Chris Rule, previously interim CEO is set to take on the role of CEO, while Richard J Tomlinson, previously deputy CIO, will now take on the role of CIO, the pool announced.
Rule took over as interim CEO in May last year, following the resignation of Susan Martin. Prior to that, he held the position of CIO at LPP, where he was among others involved in the launch of infrastructure platform GLIL, which was set up in collaboration with Northern LGPS.
Before joining LPP, Rule held the role of head of Alternatives at SEB Investment Management, and contributed to founding and co-managing the multi-strategy team at Principal at Old Mutual Asset Managers.
Tomlinson has been with LPP since 2017. He has over 17 years’ of experience in asset management, investment research and portfolio strategy. Most recently, he worked at Albourne Partners, where he was head of Portfolio Advisory (EMEA).
Prior to that, he worked among others as head of Multi-Strategy at Old Mutual Asset Managers.