CEO of £30bn Brunel Pension Partnership resigns

first_imgShe and the non-executive directors were sad to have Turner leave but respected her decision, she added.“They wish to give Dawn appropriate thanks for her delivery as a strong change agent and strategist who has driven Brunel’s success and is on track to deliver a minimum £550m [€604m] in savings,” Le Gal’s statement added. Dawn Turner, chief executive officer of the Brunel Pension Partnership, one of the UK’s eight local authority pension asset pools, has resigned to make way for a different leadership approach as the company approaches a new phase of development. According to an announcement from Brunel, Turner plans to step down by the end of September to transition to a portfolio career.She is said to have indicated to the board that Brunel needed a different style of leadership for the next stage of its development.In a statement, Denise Le Gal, Brunel’s chair, said the board and Turner had been “developing the strategic needs of the company as it moves rapidly towards the post transition phase of its development”. Credit: Rebecca Faith PhotographyDawn Turner, Brunel Pension Partnership CEOTurner was instrumental in setting up Brunel, taking it from the early stages of the general pooling project in response to government regulations to setting up a regulated investment management company.Alongside Brunel’s CIO Mark Mansley and chief responsible investment officer Faith Ward, she moved to the pool from the Environment Agency Pension Fund (EAPF), one of the 10 funds in the local government pension scheme (LGPS) that came together to set up Brunel and are now its clients.She took on the role of project executive for the Brunel pooling project while still at the EAPF, before switching to the role of interim managing director of the Brunel Pension Partnership in April 2017. Shortly thereafter she formally became the CEO of Brunel Pension Partnership, which currently manages around £8bn of assets for its clients, who have some £30bn between them.Today the Bristol-based company has more than 30 staff members.Turner is a member of the LGPS cross-pool collaboration group and chair of its responsible investment sub-group. Like others at Brunel, she is a strong advocate of responsible investing and long-term relationships with asset managers; her Brunel profile describes her as “passionate about the role of pension funds in moving to a more sustainable business world”.Brunel said its board would soon begin the process of recruiting the next CEO. It is currently recruiting for a new non-executive director after Freddie Pierre-Pierre resigned in May.last_img read more

Men’s basketball: Happ’s 32 points salvage Badgers at Madison Square Garden

first_imgThe University of Wisconsin men’s basketball team returned to Madison after an overtime thriller Saturday at Madison Square Garden in New York, where the Badgers overcame improbable Rutgers University in a defensive showdown.Head coach Greg Gard acknowledged the offensive woes, but was also proud of the way his team kept playing loose and confident throughout the entire game.Wisconsin scored fewer points than minutes expired through the first 36 minutes of play, and with 3:22 on the clock the Badgers faced a seemingly insurmountable nine-point deficit (41-32).Women’s hockey: Badgers set NCAA attendance record at Kohl Center amid three-game homesteadWisconsin routed Minnesota State University, Mankato to cap off a three-week homestead that featured an NCAA record-setting attendance for a women’s Read…The Badgers trailed for most of the second half until a bucket by sophomore forward Ethan Happ tied the game 45-45 with less than three seconds on the clock to force overtime.“We struggled to score and put the ball in the basket,” Gard said. “[The players] did a good job of staying loose.”The Badgers had one of their worst three-point shooting games of the season against the Scarlet Knights, but Gard offered up some of his best jokes as evidence of how he kept the players loose and upbeat during the rough offensive performance.“Why did the cookie go to the hospital?” Gard joked. “He was feeling crummy.”Jokes like this one and relentless effort from senior leader Zak Showalter helped the Badgers stay and do just enough to force an overtime period. Gard complimented Zak Showalter for his efforts throughout the game.“It was the energy and toughness plays,” Gard said. “[Showalter] contributes in a lot of ways.”With the rebound momentum from Saturday’s win at Madison Square Garden, the Badgers travel to Champaign to take on the University of Illinois. The Fighting Illini have proven to be much better at home than away this year, presenting a tough challenge for a Badger team trying to stay tied atop the Big Ten standings.“They are a much more potent team, for whatever reason, at home,” Gard said.Hayes: Biegel, Clement could use 2017 Reese’s Senior Bowl to climb NFL draft boardsWhile their careers on the field for Wisconsin may be over, Badger seniors Corey Clement and Vince Biegel have one Read…Gard was also asked about the release of the first four seeds from every region on Feb. 11 and seemed to reflect the attitude many have had since the early projections were announced.“We play two to three times a week, it could change tomorrow,” Gard said. “In terms of our approach, it does not change.”The newly crowned No. 10 Badgers will attempt to continue their ascent up the polls Tuesday night with an 8 p.m. tip at Illinois.last_img read more