Newsmakers
Swedish Pension Fund AP3 Names Staffan Hansén CEO
Hansén will take over the $49.5 billion fund for retiring CEO Kerstin Hessius by no later than December 1.
Tag: CEO
Manager Selection
PSP Investments’ President and CEO to Retire
Neil Cunningham will step down at the end of March 2023 after more than 19 years with the firm and five years at the helm.
Corporate Moves
Kentucky Pension Systems Name New CEOs
John Chilton and Ed Owens III will helm KRS and CERS, respectively.
Corporate Moves
CEO of UN Principles for Responsible Investment to Step Down
Fiona Reynolds will leave after nearly nine years to return to her native Australia.
Corporate Moves
CalSTRS Appoints First Female CEO: Cassandra Lichnock
She will replace Jack Ehnes, the outgoing head of the pension system who postponed his retirement last year because of the pandemic.
Asset Management Culture
Incoming Norges Bank Chief Nicolai Tangen to Sell Hedge Fund Holdings
The divestment addresses concerns raised at a parliamentary hearing earlier this month.
Manager Selection
PFA Asset Management CEO Steps Down Less Than a Year after Taking Over
Irene Holmslykke has been named as the new CEO of the Danish asset manager.
Corporate Moves
Norges Bank Board Defends Chief Executive Pick, Again
At a parliamentary hearing, the board governor helped the hedge fund manager Nicolai Tangen, under fire since his appointment.
Newsmakers
John Powers, Former CEO of Stanford Management Company, Dies at 67
He helped grow the university’s endowment by nearly $10 billion over nine years.
Corporate Moves
Exclusive: Raphael Arndt’s Ascension to CEO of the Future Fund
Arndt discusses with CIO his leadership strategies focusing on the democratization of intelligence and empowering individuals within the fund.
Corporate Moves
Unease Remains Around Incoming Chief at Norges Bank
The supervisory board at the sovereign wealth fund told the national parliament that further control measures are needed to prevent conflicts of interest.
Corporate Moves
Norges Bank Finalizes Contract with Controversial CEO Pick
The incoming chief executive will distance himself from his old hedge fund.
Manager Selection
Norway’s Sovereign Wealth Fund Selects New Chief Executive
Nicolai Tangen, a hedge fund manager based in London, will take over the nearly $1 trillion plan.
Coronavirus - COVID-19
CalSTRS CEO Jack Ehnes Postpones Retirement Because of Coronavirus
The decision came after a request from the board, which said it needs time to conduct an executive search.
Manager Selection
Charles Emond Named CEO of Quebec Pension Fund CDPQ
Head of private placements replaces Michael Sabia, who leaves after nearly 11 years.