PGGM Names Infrastructure Head

Erik van de Brake replaces Frank Roeters van Lennep, who was promoted to private markets CIO earlier this year.

pggm erik van de brakePGGM has appointed Erik van de Brake as head of infrastructure, the Dutch pension fund manager announced Friday.

Van de Brake succeeds Frank Roeters van Lennep, who was named private markets CIO in September following the departure of Ruulke Bagijn.

Van de Brake has been at PGGM since 2014, when he joined as a senior investment manager. He spent the bulk of his career at Dutch banking company Rabobank, where held roles including head of project equity and head of project finance.

As PGGM’s head of infrastructure, van de Brake will oversee a team of 22 and infrastructure assets of €7.5 billion ($8.1 billion).

He holds a master’s degree in business economics from Erasmus University Rotterdam.

Related: PGGM Names Private Markets CIO