The Pensions Infrastructure Platform (PiP) has appointed Jon Bailie as non-executive director to the board.
Bailie, who has more than 30 years’ experience in asset management, previously worked at Pioneer Investments where he was head of Western Europe and Latin America.
Before that, he was global head of distribution at Axa Investment Managers and prior to that, spent 16 years at Russell Investments where he occupied the senior roles of managing director for institutional investment services for the EMEA region and managing director of the firm’s global alternative investments business.
PiP chief executive Mike Weston said: “As PiP’s direct investment into UK infrastructure increases and our team continues to grow we felt it was time to expand the board. Jon’s years of experience across so many asset classes made him a perfect candidate. Having been a member of a number of boards and committees over the years and led several, Jon will be an excellent addition to the PiP board. We are also very pleased to have Jon’s expertise in clean technology investing, building on the success of PiP’s first solar photovoltaics (PV) fund last year.”
Bailie (pictured) added: “This is a great opportunity for me to be part of a truly innovative platform. As PiP is open to all UK pension schemes and has a low minimum investment hurdle it allows smaller schemes to participate, helping them achieve similar scale benefits to larger schemes. This has been an exciting year for PiP and I look forward to joining the board and helping the team achieve even more.”
