SWFI – Movers and Shakers – May 25, 2015
Khazanah Hires Former McKinsey Partner to Lead Indian Operations
Malaysia’s Khazanah Nasional hired Chinta Bhagat as an executive director for investments in India. Bhagat will start July 15, 2015 and will be based in Mumbai. Bhagat will lead the wealth fund’s Indian operations and be part of Khazanah’s global healthcare sector leadership team. Previously, Bhagat was a managing partner from McKinsey & Co., based out of Singapore.
U.S. President Obama to Nominate Reeder for PBGC
According to the White House, U.S. President Barack Obama plans to nominate W. Thomas Reeder Jr. to serve as director of the Pension Benefit Guaranty Corporation (PBGC). Reeder served as health-care counsel at the Internal Revenue Service (IRS) since March 2013. From 2009 to 2013, Reeder was senior benefits counsel on the Senate Finance Committee staff. Reeder also held a number of tax policy positions with the U.S. Treasury. PBGC Director Josh Gotbaum plans to resign in August.
Aviva Investors’ Ian Womack Retiring, Casal Promoted
Ian Womack is retiring as CEO of Aviva Investors’ real estate unit. Taking his place is Ed Casal. Casal was global managing director of the global real estate multi-manager group at Aviva Investors. Bart Coenraads will assume Ed Casal’s position.
Pioneer Investments Hires Former Allianz Global Investors Director
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