Spoils of war

first_imgCrouching in the bush, an AK-47 machine gun poised at the ready, an African boy is a portrait of icy detachment as he considers an interloper. It’s the now-hardened image that has come to symbolize the recruitment of children into armed conflicts since the 1990s.Experts say that outdated and narrow picture obscures present-day conditions, where both boys and girls are deployed in war not just in Africa, but also Asia, Latin America, and now Syria, where civil war has raged since 2011. While global pressure to curb the use of children in combat has worked in some places, the persistent challenge for local governments and international organizations such as the United Nations is to find ways to integrate damaged former soldiers back into the communities they were led to violate and abandon.Ishmael Beah, a former child soldier in Sierra Leone and the author of “A Long Way Gone: Memoirs of a Boy Soldier,” said that too often the signing of resolutions has been the primary focus of many intergovernmental organizations, and that more practical approaches are needed.“A lot has been done on paper about what can be done and how can we address the issue. But where the problem lies … is in the implementation of some of these things,” Beah said during a panel discussion Monday evening at the Harvard Kennedy School’s JFK Jr. Forum. “Oftentimes when they sign these things, they don’t even have the capacity to implement them.”Leila Zerrougui, the U.N.’s special representative of the secretary-general for children and armed conflict, agreed that the successful reintegration of former child soldiers has been more complicated than first understood. But she defended the resolutions, saying the documents provide vital recognition by both the international community and local governments that using children in armed conflict is unacceptable. She said such resolutions also lay the groundwork for future action.“All this is true. And I’m not saying everything is perfect,” she said. “Every day I see the report that [shows], still, children are being recruited. But we can do more, and all of you can help us in making it better and more efficient and effective on the ground.”Beah now works with the United Nations Children’s Fund (UNICEF) as an advocate for youths affected by war and is a member of Human Rights Watch Children’s Advisory Committee. He said that little progress has been made to improve or expand the economic opportunities for former soldiers and others in war-torn communities. Many of the same lackluster offerings that existed when he left the war in the mid-’90s are still being promoted by NGOs and others, he said, without input from local communities.“There’s no market research to really determine what is it that can yield better economic opportunity for people coming out of war,” Beah said. “We were sitting there, some of us, thinking, ‘How come nobody is asking us?’ But nobody is interested in engaging them about, practically, what they want to do because I think there’s this assumption that maybe because they’ve been through war that we don’t have the intelligence to actually think about our situation.”He later added, “People who have survived these wars are remarkably intelligent because it takes intelligence to survive the kind of situations they have survived.”Given the lasting mental and physical trauma to child soldiers and others in conflict areas, as well as the lack of basic resources, it is clear that outside efforts need to be much more thoughtful and long-range, said Jocelyn Kelly, director of the Harvard Humanitarian Initiative’s Women in War program.Kelly introduced a new report on the difficulties that former child soldiers in the eastern Democratic Republic of Congo have experienced trying to rejoin communities they had left. In addition to traditional interviews and data-gathering by public health researchers, the report includes photo essays and illustrations by former child soldiers that map the damage done by war to their bodies and their lives.“I think the entire model of the way that we do integration programs has to be much more holistic — not only with the individual but with the community,” Kelly said, noting that in her research she encountered ill-conceived programs that gave sewing machines to people in communities with no electricity and single male goats to boys who were encouraged to start goat farms.Until humanitarian organizations fully engage local communities in decision-making and help them to become self-sufficient, the malevolent forces that first prompted children to become soldiers will return, Beah said.“The only way this is going to work is to empower government to build those structures that have been destroyed before the war … and to build those institutions so that they are able to do this work on their own,” he said. “NGOs, U.N. agencies should be training governments to do the work that they’re doing. Because if you don’t do this, then the alliances will continue and then these things just become cyclical.”The “Caught in Conflict” discussion was part of “Humanity Explored” a monthlong series of lectures and multimedia events to be held across Harvard to consider the role that visual storytelling, art, and design play in the push for human rights in conflicted regions around the globe.The series is a joint collaboration of the Harvard Humanitarian Initiative, FXB Center for Health and Human Rights at Harvard School of Public Health, Harvard Global Health Institute, Art Works Projects for Human Rights, the Nieman Foundation for Journalism at Harvard, the David Rockefeller Center for Latin American Studies, Cultural Agents, the Carr Center for Human Rights Policy, and the Harvard Institute of Politics John F. Kennedy Jr. Forum.last_img read more

Empowering the Next Generation of Global Talent

first_imgThe Long-Term Impact of Investing in the Middle East and Africa’s Young and Innovative WorkforceWith the rapid pace of technological progress, companies are struggling to find skilled employees and academic institutions are challenged to provide the necessary training to equip students to succeed in the job market. To survive and thrive, companies must focus on young talent, who will be the engine of technological and business transformation, and consider the worldwide talent pool. In Africa, the workforce is expected to reach 1.1 billion by 2034 (outpacing China and India combined); the region is expected to be the second-fastest growing economy by 2020 and there is $5.6 trillion of business opportunity expected by 2025 (Source: McKinsey Global Institute, 2016).The Dell EMC Egypt Center of Excellence (COE) has implemented a robust strategy to inspire, attract, empower and retain the region’s most promising talent:Real-world training through university partnershipsFostering innovation through technology competitionCreating a diverse workforce through a rotational development programSuch a strategy has led to the center’s growth to 900 energetic team members since 2009, with an average age of twenty-eight, 43 percent women, and 50percent of full-time members joining as college hires. The Egypt team’s journey is one that global companies can learn from as they evaluate their talent landscape.Real-World Training Through University PartnershipsDell EMC Summer Academy Closing CeremonyThrough the External Research and Academic Alliance Program, the Egypt COE partners with 52 academic institutions and reaches more than 5,000 students per year. We offer an “open” curriculum-based education to bridge the technology skills gap. In the past academic year, more than 750 students completed their Data Science and Analytics Certification. To complement these university courses, the Egypt COE also provides hands-on experience and soft skills training through its internship and Summer Academy programs.Fostering Innovation Through Technology Competition“Envision the Future” is the first technology-based regional competition for college students. Since the Egypt COE launched the competition in 2015, it has engaged 170 leading universities; enlisted 300+ projects from the United Arab Emirates, Saudi Arabia, Kenya, Morocco, Egypt and more; and underscores women’s contribution to technological advancement—in 2016, 40 percent of the entries were submitted by women and the first and third place winners were both women-led teams. The 2017 competition concluded in September, with winning projects from Qatar, Saudi Arabia, and Egypt, which will be recognized at the GITEX 2017 consumer computer and electronics conference in Dubai.Envision the Future: 2016 WinnersInternally, the Egypt COE also sparks and rewards innovation, launching the “Innovation League” in 2016 (which draws from the best practices of Adobe’s Kickbox model) and provides a platform for employees to enhance their business units. The League has engaged 480 team members (more than 50 percent of the Egypt COE workforce) and led to incubation for a wide range of ideas, from process improvements to self-healing data centers.“The Innovation League has had a real impact—with 330 idea submissions and seven approved patents in its first year. By ‘gamifying’ innovation, we are able to drive deeper engagement and cross-functional collaboration. Since the League was established, we have seen a notable increase in team member excitement and a great sense of community with employees reaching out to help their colleagues succeed”.– Ahmed Osama, Sr. Program Manager, Innovation, Dell EMC Egypt COECreating a Diverse Workforce Through a Rotational Development ProgramStudents at Kenya’s Strathmore University who completed VMWare and Academic Associate certificationsTo tap into Africa’s business potential, the Egypt COE launched an “Africanization” program in 2015 to develop relationships with the region’s universities and build out a trained workforce. This program provides technical courses to students in African countries and then invites high potential recent graduates to participate in a two-year bootcamp program at the Egypt COE, where they gain international exposure and work with cross-functional teams. Following the program, participants are anticipated to return to their home countries and apply their training to support development and execution of large IT projects for Dell EMC customers.“Members of the Dell EMC Egypt COE visited my university in Morocco. I was so excited to attend to the presentation and to know about what they do. Today, I am part of this amazing company and learning new things every single day. I have developed technically and professionally since joining Dell EMC”.– Imane Rehioui, Support & Deploy Services, Dell EMC Egypt COEFinal ThoughtsThe talent that we develop and hire through the Egypt Center of Excellence is the driving force behind our outstanding innovation, automation and process improvement achievements. This millennial workforce has improved the Center’s culture with its optimism, strong communication and collaboration skills and relentless drive to make an impact by challenging the status quo.I truly believe the future is promising. However, we must make a commitment to nurture our young, global talent to prepare and empower the next generation of IT leaders. I welcome your perspectives on how you are investing in young talent – please leave a comment below.last_img read more

Laura Gillen: Making Peace In a Bipartisan World

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York After unseating Republican Anthony Santino in a GOP stronghold, newly elected Democratic Hempstead Town Supervisor Laura Gillen was swept into office with a mandate to clean up town hall. The leader of America’s most populous town shared why she removed her name from signs, her plans to make government more responsive to the people, and how she is working with the Republican majority town board. Here are excerpts from our conversation.Long Island Press: How does it feel to be the first Democrat to win the Hempstead supervisor’s seat in more than a century?Laura Gillen: One hundred and 12 years. It feels great. Not a lot of people thought I was going to win the race, but I always believed it was winnable. I’m just excited for the opportunity to bring change to the Town of Hempstead.LIP: What is your vision for the town?LG: I want to get us on secure fiscal footing. I think that’s really important, so we can continue to provide great services to the residents. I want to see what I can do to find efficiencies to save taxpayer dollars. I want to make us a greener town. Not only is it good for environment, it’s good for the residents and it’s good for costs associated with energy. If there’s any taint of corruption, I want to clean that up. I want to really make a government that’s more accessible. More town government information online so people can really see how their taxpayer dollars are being spent.LIP: Why did you remove your name from all town signs?LG: The public doesn’t really have an appetite for this shameless self-promotion that has characterized the Town of Hempstead forever. The amount of mail that we received about nonsense. The cost associated with these relentless mailers. Even at the 911 memorial, residents who wanted the name of a loved one on a piece of paper got a piece of paper with the supervisor’s name on it.LIP: Before being sworn in, you were barred from seeing your predecessor’s office and your clerk’s office was cleared of furniture. Have there been any more such oddities?LG: The door was unlocked when I arrived on January 2nd, so that was helpful. Of course, we had the issue with the clerk’s furniture, but that has been resolved. To my knowledge no furniture has gone missing as of late.LIP: Ethics was your main issue on the campaign, but now that you’re on the job, have you uncovered any other issues that require more immediate attention?LG: We saw that while municipalities across the state were racing to refinance their debt before the Trump tax plan took effect, the Town of Hempstead did nothing. We lost the opportunity to refinance a lot of our debt. Roughly in the area of $2.5 million we lost because we can no longer refinance this debt because of changes in the tax law. That was disappointing, but there’s going to be greater oversight. I put up a resolution that gives our comptroller the ability to refinance the debt when it’s able to be refinanced if the market indicates that it’s a prudent decision.LIP: Are you concerned the Islanders’ new arena slated to open in Elmont will hurt event attendance at Nassau Coliseum and other destinations in The Hub?LG: Theoretically, that could be trouble for the coliseum. I think it’s great that we’re going to do something exciting in Belmont. I’m very happy that we’re going to keep the Islanders here. As the arena in Belmont gets developed, we’ll find a way to make the best use of The Hub so it’s still a vibrant economic area.LIP: Did crossing party lines to make Republican Councilman Bruce Blakeman deputy supervisor ruffle feathers?LG: It was received very well by the public. I also ran a campaign that said I want to work in a bipartisan way. My husband is a registered Republican, so I’m used to living in a bipartisan world. I think the public liked that. They want to see elected leaders work together. I have a Republican majority board and I’ve been making efforts to reach across the aisle and work with them in a collegial way to do what’s best for the taxpayers.last_img read more

Public call for the Cyclotourism Development Program on the Continent in 2020 published.

first_imgIn the first quarter of this year, the Ministry of Tourism is preparing the publication of the Public Call for the Competitiveness of the Tourism Economy Program for the award of small value grants, de minimis, for the purpose of raising the competitiveness of the tourism industry. The Ministry co-finances up to 90 percent of the eligible / eligible costs of implementing an individual project. The minimum amount of support is HRK 100.000,00, and the maximum is HRK 500.000,00.  According to the previously prepared Operational Plan for the development of cycling tourism in the county (2017-2020), the preparation of traffic studies for the purpose of tracing and marking cycling tourism routes is co-financed; production / installation of signalization / info boards along cycling routes, including the EuroVelo route marking; arranging / equipping cycling routes and setting up bicycle repair service stations along cycling routes; preparation of project-technical documentation for upgrading / construction of bicycle paths (including paths for certain types of cycling – enduro, XC, downhill, etc.); development of standards for “bed & bike” accommodation facilities; installation of bicycle / traffic counters at border crossings (entry / exit of EuroVelo route), on other international routes of bicycle routes (Sava route, Drava route, Pannonian road of peace route, etc.), in cities on the main bicycle routes, at the main tourist attractions at remote points in rural areas, etc .; arrangement of cycling tourist rest areas / lookouts on cycling tourist routes (smart rest areas, canopies, bicycle stands, installation of smart benches, installation of info boards about rest areas and relevant information about the locality / destination, etc.). The Ministry of Tourism has published a public call for grants based on the Cyclotourism Development Program on the Continent in 2020, for which HRK 5.000.000 has been provided. RELATED NEWS: SYNERGY FINALLY! 10 GROUP OF TOURIST BOARDS THROUGHOUT CROATIA SUBMITS ASSOCIATION REQUESTS Photo: TZ Samobor The funds are intended for the public sector – units of regional self-government, ie the following counties: Bjelovar-Bilogora, Brod-Posavina, Karlovac, Koprivnica-Križevci, Krapina-Zagorje, Lika-Senj, Međimurje, Osijek-Baranja, Požega-Slavonia, Sisak -Moslavačka, Varaždinska, Virovitičko-podravska, Vukovarsko-srijemska and Zagrebačka.center_img Cover photo: Davor Rostuhar / Source: CNTB According to the previously prepared Operational Plan for the Development of Cyclotourism in the County (2017-2020), the preparation of traffic studies for the purpose of tracing and marking cyclotourism routes is co-financed; production / installation of signalization / info boards along cycling routes, including the EuroVelo route marking; “Strengthening the continent in terms of tourism contributes to a more balanced tourism development of our country, and this is exactly one of the goals of the Government of the Republic of Croatia. Cyclotourism, in addition to, for example, gastro and health tourism, is a product of high attractive value, the development of which is especially important for a continent that has all the prerequisites for a stronger tourist positioning. In addition, cycling tourism attracts guests throughout the year, and it emphasizes the natural and cultural values ​​in the destinations and thus promotes sustainability and preservation, which is one of the foundations of future tourism development in Croatia., said Tourism Minister Gary Cappelli on the occasion of the announcement of the public call.  The public call is open until March 13, 2020, and find out more about the public call HERE PS ANNOUNCEMENT – PROGRAM COMPETITIVENESS OF THE TOURIST ECONOMY FOR ENTREPRENEURS IN TOURISMlast_img read more

Steinmetz is key man in Chelsfield MBO attempt

first_imgWould you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletters To access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.last_img

Indonesian stocks fall to 4-year low following Wall Street crash

first_imgRead also: Another black Monday as coronavirus response upends Wall StreetThe infrastructure sector led the plunge as it nosedived 5.14 percent, followed by the basic industry that fell 3.59 percent and consumer sector that slid 3.22 percent.The rupiah, in the meantime, depreciated further on Tuesday as it fell 0.55 percent against the greenback to Rp 15,015 per dollar, breaking the psychological level of Rp 15,000 for the first time since October 2018, Bloomberg data shows.“The increasing number of COVID-19 cases globally has raised concerns among investors despite the Fed’s rate cut and injection to the financial market,” Indonesia Equity Analyst Association (AAEI) Edwin Sebayang wrote in a research note on Tuesday, projecting the index to move around 4,456 to 4,731 in the day. Read also: Selling spree drags stocks a further 4.4% as global market rout continuesWall Street suffered its biggest drop since the crash of 1987 on Monday following unprecedented steps taken by the Federal Reserve, United States lawmakers and the White House to slow the spread and blunt the economic hit of the coronavirus failed to restore order to markets. The Fed cut rates to a target range of zero to 0.25 percent and said it would expand its balance sheet by at least $700 billion in the coming weeks.The investors’ panic triggered another circuit breaker in Wall Street’s three main stock indexes for 15 minutes shortly after the open as the S&P 500 index fell 8 percent, Reuters reported.On Tuesday morning, Asian markets were also deep in the red. Tokyo slid 2.79 percent, Seoul was down 3.2 percent, Singapore slipped 0.92 percent, Shanghai lost 0.55 percent, while Hong Kong gained 0.1 percent.”Market conditions are highly volatile and there is still great potential for the index to continue weakening,” Artha Sekuritas analyst Dennies Christopher said. He said he was not advising investors to buy stocks during the continued stock market rout.  Indonesian stocks continued their steep fall on Tuesday morning, crashing to a level unseen since January 2016, following Dow Jones’ worst decline since 1987’s Black Monday.The Jakarta Composite Index (JCI) slipped 0.33 percent upon opening to 4,675.34 as foreign investors dumped Rp 5.53 billion (US$365,658) worth of Indonesian stocks. As of 10:04 a.m. in Jakarta, the main gauge widened its loss and fell 4.09 percent, moving closer to the Indonesia Stock Exchange (IDX) circuit breaker limit of a 5 percent fall.Forty-eight stocks started the session in the red with animal feed producer PT Charoen Pokphand Indonesia recording the steepest decline of 6.86 percent, nearly hitting the auto rejection limit of a 7 percent decline in prices.center_img Topics :last_img read more

India lifts export ban on Trump-touted drug hydroxychloroquine

first_imgIndia has lifted an export ban on hydroxychloroquine, the anti-malarial drug touted by US President Donald Trump as a potential “game changer” in the fight against the COVID-19 pandemic, a minister said late on Wednesday.”Department of Pharmaceuticals has approved the lifting of ban on Export of Hydroxychloroquine API as well as formulations,” India’s minister for chemicals and fertilizers, Sadananda Gowda, said on Twitter.Manufacturers, except export-oriented units and those in special economic zones, would still have to supply 20% of their production to the domestic market, Gowda said. The country, a leading exporter of generic medicines across the world, banned the export of the drug and its formulations in March as the coronavirus outbreak disrupted supply chains.But India eased some of these restrictions in April and shipped 50 million tablets of the drug to the United States that month, Reuters reported.Trump’s championing of hydroxychloroquine had initially raised expectations for the treatment, but conflicting reports of its efficacy have added to confusion about the decades-old drug.British scientists last week halted a major trial after it found that the drug was “useless” at treating COVID-19 patients. A Lancet medical journal study that found hydroxychloroquine increased the risk of death in COVID-19 patients was withdrawn a week after it led to major trials being halted.Meanwhile, the World Health Organization said it will resume its trial of the drug for potential use against the novel coronavirus after those running the study briefly stopped giving it to new patients over health concerns.IPCA Laboratories and Cadila Healthcare are two leading Indian manufacturers of the drug. IPCA’s shares were down 1.2%, while Cadila’s stock was up 1% in a broader Mumbai market that was lower on Thursday.center_img Topics :last_img read more

Owners of Pullenvale home ready to downsize from acreage property

first_imgMore from newsDigital inspection tool proves a property boon for REA website3 Apr 2020The Camira homestead where kids roamed free28 May 2019135 Airlie Rd, Pullenvale. 135 Airlie Rd, Pullenvale. 135 Airlie Rd, Pullenvale.This beautiful home at Pullenvale is on the market and comes with a stunning infinity-edge pool and horse arena.The five-bedroom, five-bathroom home, at 135 Airlie Rd, is on 1.96ha and features magnificent views.center_img 135 Airlie Rd, Pullenvale.There’s a wet bar, cinema room with projector and a luxurious gourmet gallery-style kitchen with Blanco stainless steel appliances, walk-in pantry, and a built-in coffee machine and microwave.Brisbane West Kenmore agent Franzwa Van Vuuren said the owners lived locally.“They own another acreage property and are downsizing to a smaller property,” he said.“The children have left home and no longer have a need for horse or acreage facilities.”The home also features a cellar, gas stone fireplace, home office and ducted airconditioning.last_img read more

The finishing touches are ready to go on Southport’s latest tower Fivechester as Cr Chrichlow gives it the tick of approval

first_imgFivechester Terrace, Southport, by developer Rawcorp.COUNCILLOR Dawn Chrichlow has given Southport’s newest residential tower her vote.With 80 per cent of the apartments sold, the finishing touches are now being made on the 12-storey building, Fivechester Terrace.The project has 26 open-plan units ranging between 100 sq m to 220sq m.Chrichlow said it was ideal for Southport’s growing community.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North7 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day agoFivechester Terrace, Southport, by developer Rawcorp.“The people have spoken and they have said they want six to 12 storey buildings, ” she said.Chrichlow said residents would not be compromised on space with the size of the apartments.“You come from a house and think you’ll have to compromise on storage, but look at the pantry and the size of the bedrooms. Residents will never lose the views of the park.”“Southport is the CBD of the Gold Coast, and we are so proud we have such strong support from the Mayor of the city about Southport.”Fivechester Terrace, Southport, by developer Rawcorp.Director of Marketing Projects Kyia Anderson said the views and layout were major drawcards for owner-occupiers.“Fivechester offers a strong rental yield of five to six per cent, with low body corporate rates of just $50-$60 per week in a thriving suburb, also making it a smart investment choice.”last_img read more

People moves: Railpen hires head of investment risk, a new role

first_imgOAK BV – In January Vera Kupper Staub will succeed Pierre Triponez as head of Switzerland’s federal supervisory body for occupational pensions. Triponez has been president of the commission since its creation in 2012 and resigned after two terms in office. Kupper Staub, a former chief investment officer of the Pensionskasse for the Swiss city of Zurich (PKZH) and a former member of the board at ASIP, the Swiss pension fund association, has been vice president of the OAK for several years.In a statement, the Swiss government, which appoints the OAK members, said the occupational pension system had become more secure overall during Triponez’ time in office. “The much stricter requirements in terms of transparency, governance and conflicts of interest are showing their effect,” it said.A spokesman for ASIP said it welcomed Kupper Staub’s election as president and assumed good relations between the two bodies would continue.Institute and Faculty of Actuaries (IFoA)  – Stephen Mann will be the professional’s body chief executive officer as of 6 January. He will be taking over from Des Hudson, who has been in a caretaker role as executive director since previous permanent CEO Derek Cribb went on garden leave at the end of June. Cribb officially leaves the IFoA at the end of this year.Mann originally qualified as a lawyer, but “has worked extensively with the actuarial community throughout a career in financial services,” according to the IFoA. He has been a board director of the Aviva Life business and more recently served as CEO at the Police Mutual Group.Grahame Stott, chair of the IFoA’s management board, said: “We are delighted to welcome Stephen Mann at a time when the IFoA is developing a new strategy with a clear focus on providing members with services and benefits appropriate to today’s business environment.”United Nations – Mark Carney will take on the role of UN special envoy for climate action and finance after stepping down as governor of the Bank of England, supporting the UN secretary general’s climate strategy by galvanising climate action and transforming climate finance for the COP 26 meetings in Glasgow in November 2020.A key focus of his role will be on shifting the financial system towards mobilising private finance to the levels needed to achieve the Paris Agreement ambition to keep global warming to at most 1.5°C above pre-industrial levels.“This provides a platform to bring the risks from climate change and the opportunities from the transition to a net zero economy into the heart of financial decision-making,” said Carney. “To do so, the disclosures of climate risk must become comprehensive, climate risk management must be transformed, and investing for a net-zero world must go mainstream.”Impax Asset Management – The specialist asset manager has created the role of head of policy and advocacy, which Chris Dodwell has taken up effective 2 December. He is a climate change and environmental policy expert with a specialisation in the financing and delivery of climate action in the UK and overseas.Dodwell joined Impax from Ricardo plc where he was director of climate change, clean growth and strategic partnerships. Before joining Ricardo, he worked for 10 years at the heart of the UK Government’s work on climate change, carrying out roles including leading the UK’s implementation of the EU Emissions Trading System and heading the UK delegation to the United Nations Framework Convention on Climate Change (UNFCCC).Sackers – The law firm has strengthened its finance and investment group with the appointment of James Geer, a structured finance lawyer, as a senior associate. He was previously at Clifford Chance for more than nine years where he focused on derivatives, structured finance and derisking transactions, acting primarily for financial institutions.At Sackers, he will be part of the finance and investment group which is the focus of the firm’s expertise for finance and investment-related legal advice required by pension schemes as institutional investors, advising both trustees and sponsors.Paul Phillips, head of Sackers’ finance and investment group, said: “We have seen an increasing demand from our clients for advice on complex derisking solutions. James’ arrival will enable us to continue to meet this demand and his experience of longevity swaps and all types of structured finance transactions will be invaluable.”JP Morgan Asset Management (JPMAM) – Paul Kennedy will join the firm in early 2020 as head of strategy and portfolio manager, real estate Europe. He will be based in London and report to Peter Reilly, head of real estate Europe.Kennedy will lead the European real estate strategy team and contribute market views to JPMAM’s real estate investment process. This team sits within JP Morgan Global Alternatives, the alternative investment arm of JPMAM with more than 700 professionals globally and approximately 50 individuals dedicated to European real estate based in London, Paris, Frankfurt and Luxembourg.Alcentra – The private debt manager, which is part of BNY Mellon Investment Management, has made several senior promotions. To support the continued growth of Alcentra, Daniel Fabian has been promoted to president and chief operating officer. In this role, he will manage the firm’s growth strategy and oversee day-to-day operations in order to continue to drive value for clients and employees. He has spent the past 12 years at Alcentra, of which the last four years have been as COO and chief financial officer.Joining the senior leadership team are two newly appointed co-chief investment officers: Graham Rainbow – previously head of European loans – and Leland Hart – previously head of US loans and high yield. Both Rainbow, based in London, and Hart, based in New York, will retain their current portfolio management responsibilities and together will oversee and manage Alcentra’s investment portfolios.The dual role has been created to accommodate the growth of Alcentra across its product strategies and allows the company to effectively deal with growing investor demand for debt capabilities globally. Following this reorganisation, Vijay Rajguru will leave the firm to pursue other opportunities.Ninety One – Investec Asset Management, which is on track to list as Ninety One in the first quarter of 2020, pending shareholder approval, has announced the composition of its board of directors.Gareth Penny will assume the role of independent non-executive chair. He brings a wealth of experience in chairing and serving on public and private company boards in both the UK and South Africa. For the last 12 years, Penny he as non-executive director (and remuneration committee cair) of Julius Bär Group, the Zurich-listed Swiss bank focused on wealth management. He is also chair of Norilsk Nickel, producer of nickel and palladium, and of the Edcon Group, a private company and Southern Africa’s largest non-food retailer. He spent 22 years with De Beers, where he went on to become group CEO.Commenting on Penny’s appointment, Hendrik du Toit, founder of Investec AM and joint CEO of Investec, said: “It is a privilege to welcome someone of Gareth’s calibre as Chairman of the soon to be listed Ninety One. We stand to benefit from his deep understanding of international business, particularly in emerging markets, and his substantial corporate governance experience.”The other independent non-executive directors joining Penny on the board are Colin Keogh, Busisiwe Mabuza, Idoya Basterrechea Aranda and Victoria Cochrane. Du Toit, who will assume the role of CEO of Ninety One upon listing, Kim McFarland, finance director of Ninety One, and Fani Titi, joint CEO of Investec, complete the Ninety One board.“We have assembled a board that is strong, independent, diverse and experienced. We are confident that they will help us chart a successful future for Ninety One as an independent, global investment manager,” said du Toit.Dimensional Fund Advisors – Lisa Dallmer is the firm’s new chief operating officer. She will serve on the executive committee and partner with senior leaders of the corporate, sales and marketing, and investment teams to develop and implement operational strategies that improve standards, drive efficiency, and enhance business capabilities.“As Dimensional continues to grow, innovate, and enhance the solutions we provide to clients, we are pleased to add a key new leader to our team,” co-CEO Gerard O’Reilly said.Dallmer brings to the role two decades of senior leadership experience in global financial operations. She has served as COO of global technology and operations for BlackRock in New York, COO of European markets for NYSE Euronext in Paris, and vice president of tech startup Archipelago, which was acquired by the New York Stock Exchange. Most recently, she has served as a strategic advisor to CEOs on fintech solutions.Emerging Markets Investment Management – The emerging markets focused asset manager owned by Duet Group, has recruited Michel Sindelar as chief executive officer and chief investment officer of the newly formed EMIM Emerging Markets Multi Strategy Fund. He will start his new role in January 2020 in the group’s headquarters in London,Sindelar’s expertise will complement the established team of EM specialist portfolio managers and research analysts. He as more than 25 years of experience both on the buyside and sellside across EM. He has a distinguished career in sales and trading at Bank of America, Morgan Stanley and Credit Suisse in New York and London. He also worked at Credit Suisse Asset Management and Lombard Odier in Geneva.Prior to joining EMIM, Sindelar was a managing director and head of European distribution and a member of the European equity management at BofA.Sindelar’s hire follows the recent appointemnt of Erik Renander from Principia; Renander brings 20 years of investment experience and is the portfolio manager of HI EMIM Africa Fund, a multi asset UCITS strategy that focuses on Africa.Asset Management One International – The Japanese asset manager has hired Andrea Favaloro as head of business development for EMEA. His previous roles include head of sales and marketing and member of the management committee at Generali Investments, and member of the executive committee at BNP Paribas Asset Management. Asset Management One has also appointed Frederic de Merode to the newly created role of head of distribution for the region, reporting to Favaloro. RPMI Railpen, OAK BV, IFoA, Police Mutual Group, United Nations, Impax, Sackers, JP Morgan, Alcentra, Ninety One, Dimensional, Ricardo, Asset Management One InternationalRPMI Railpen – Richard Swart has been hired to the newly created role of head of investment risk at Railpen. In his new role, he is responsible for leading and developing Railpen’s investment risk function, building on its strong existing investment risk measurement and performance capabilities.He was previously principal risk manager at PGGM, the €238bn asset manager for the Dutch healthcare pension fund, and has also held investment roles at APG Asset Management and Deloitte. He joined on 2 December and will report to Railpen’s chief fiduciary officer.last_img read more