People Moves Roundup

AMP snags a former Apple head, Temasek International makes some big shifts, and more.

AMP Capital Appoints Former Apple Operations Head as Senior Adviser

AMP Capital has appointed Thomas Preising as a senior adviser to its infrastructure equity business, as it embraces technological innovation and seeks to harness infotech to streamline and enhance the operations of its global infrastructure assets.

Preising was most recently the global business operations director for Apple. Before joining Apple, Preising had worked at Hewlett Packard for a decade. He began his career in infrastructure, working at US rail business Conrail and as an infrastructure project associate at McKinsey. 

Based in Delhi, Preising joins AMP Capital’s team of 15 senior advisers. The advisers provide insights to AMP Capital’s investment and asset management teams, which work with the senior advisers to ensure the sustainability and long-term profitability of AMP Capital’s infrastructure investments.

 “India is a growth market for us in 2019, offering interesting opportunities for global infrastructure investors in sectors such as telecommunications and infrastructure health, and Tom’s local market insights and business acumen make him a fantastic addition to our India team,” said Boe Pahari, global head of infrastructure equity.

Temasek International Announces New CEO

Dilhan Pillay Sandrasegara will succeed Lee Theng Kiat as chief executive officer of Temasek International, effective April 1. Lee will take over from HO Ching as chairman on the same date.

Pillay will be responsible for the role of Temasek as an active investor and shareholder. He will also oversee the operations of the firm, and the organization of its talent and resources to deliver sustainable long-term returns.

Lee will oversee the development of Temasek as a forward-looking institution, and will work closely with Pillay on commercial strategies and portfolio matters.

“Dilhan has the ability to connect the dots, a keen eye for details and practical solutions, and a boldness to break new ground in anticipation of longer-term trends,” Lee said.

As of March 31, 2018, two thirds of the underlying exposure of the Temasek portfolio was in Asia, including Singapore (27%) and China (26%). Outside Asia, 22% of the underlying portfolio exposure was to emerging technological trends and opportunities in US and Europe, up from 17% in 2015.

Sunil W. Savkar Joins Debevoise’s Finance Group

Debevoise & Plimpton LLP announced that Sunil W. Savkar has joined the firm’s corporate department as partner and member of the firm’s Finance Group and Private Equity Group.

Savkar’s practice will focus on complex acquisition and leveraged financings. He will be resident in the firm’s New York office.

“Sunil’s nearly 20 years of broad-gauged finance experience aligns perfectly with our leveraged finance practice,” said Michael W. Blair, the firm’s presiding partner. “Sunil brings a valuable perspective on complex finance issues that will make him particularly attractive to our clients, and further enhance our finance team.”

Savkar received his J.D. from Columbia University School of Law, where he was a Harlan Fiske Stone Scholar, Kent Scholar, and articles editor of the Columbia Journal of Transactional Law.

Schroders Adds Head of Institutional Consultant Relations and Taft-Hartley Institutional Sales Director

Schroders announced changes to its distribution team, promoting Marni Harp to head of institutional consultant relations for the US and bringing aboard Scott Garrett as an institutional sales director, focused on Taft-Hartley.

Harp will be responsible for overseeing the firm’s relationships with local and global investment consultants and their institutional clients. She joined Schroders in August 2016. Harp is based in Los Angeles and will report directly to Marc Brookman, deputy CEO of North America. 

Garrett has joined the firm as an institutional sales director responsible for new business development and relationship management for Taft-Hartley clients in the US. He joins from Systematic Financial Management, where he was a senior vice president. Garrett will be based in southern California and will report to Rock Wilkinson, head of US institutional sales. 

 These changes build on last month’s announcement of expanding the firm’s US distribution team to advance its North American growth strategy.

Brad Kronland Promoted at Oak Street Funding

Brad Kronland has been promoted to director of insurance lending at Oak Street Funding. Kronland has worked in the banking and financial services industries since 1995, and has been with Oak Street since 2014, focusing exclusively on the insurance sector.

Kronland will lead the insurance lending sales teams. He is tasked with optimizing the team’s lending expertise in creating customized commercial loan products for Oak Street’s insurance vertical.

“Brad’s client and employee-focused mindset makes him ideal for this leadership position,” stated Rick Dennen, president, CEO, and founder of Oak Street Funding.

Kronland holds a B.S. in finance from Butler University as well as an MBA from Northwestern University’s J.J. Kellogg Graduate School of Management.

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