Pensions - Articles - PPF appoints new Chief Investment Officer


 The Pension Protection Fund (PPF) today (Wednesday) announced the appointment of a new Chief Investment Officer to oversee its investment portfolio which is currently worth more than £13 billion.

 Barry Kenneth joins the PPF from Morgan Stanley where he is a Managing Director and Head of UK Fixed Income Institutional and Pensions Coverage.

 PPF's Executive Director of Financial Risk, Martin Clarke, said: "Our investment portfolio has become increasingly sophisticated and has received considerable industry recognition for its innovation and performance. We believe that Barry will bring to the PPF the expert knowledge and extensive experience needed to build on that success.

 "Barry will have a crucial part to play in developing PPF's investment function, to help make sure we continue to pay compensation to our members for as long as they need it and achieve the PPF's target of securing financial self-sufficiency by 2030."

 Barry Kenneth said: "The PPF has developed into an impressive financial institution with an enviable track record in implementing innovative and exciting investment strategies. I am looking forward to contributing to the organisation's further success while playing an important part in providing real security to millions of pension scheme members."

 Barry Kenneth is expected to join the PPF in June 2013.
  

Back to Index


Similar News to this Story

PPF marks 20 years of protection in its Annual Report
The Pension Protection Fund (PPF) has published its 2024/25 Annual Report and Accounts, marking its 20th anniversary with a year of strong financial p
DC pensions continue to back Net Zero despite ESG backlash
Barnett Waddingham’s latest DC Sustainability Report finds a 34% increase in allocations to funds with a climate target in the growth stage since orig
Chancellors focus on guided retirement for pensions savers
Ahead of the Mansion House speech to be delivered by UK Chancellor Rachel Reeves on the evening of 15 July, Glyn Bradley, Chair of Pensions Board at t

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.