Appointments: London CIV, Redington, XPS, Invesco

London CIV has appointed Sarah Nowell as its new chief risk officer, replacing Stephen Burke, who is retiring.

Nowell joins from Freetrade, an investment trading platform. In her new role she will lead a four-person risk and compliance team. She has previously worked at EY, Insight Investment and Alcentra.

Dean Bowden, CEO at London CIV, said Nowell’s experience was “core for the business – especially at a time when we are broadening our capabilities in collaboration with our partner funds to meet their evolving needs”.

The appointment comes as the Local Government Pension Scheme asset pool is expanding its service offering to partner funds. London CIV last month appointed Andrien Meyers as chief proposition officer with effect from September.

Burke is retiring after a 38-year career in financial services, including five years with London CIV. Bowden praised Burke’s work to build a “robust risk and compliance function” while the pool grew rapidly.

Redington promotes quartet to MD roles

Investment consultancy group Redington has promoted four people to managing director positions, as part of 27 promotions across the firm that came into effect at the start of this month. They are:

• Stuart Campbell leads Redington’s implementation team, which supports managers and other consultancies with transitions and strategy implementation. He has worked at Redington since 2021.

• Alexandra Gilmour is the firm’s general counsel and has worked for Redington since 2022.

• Oliver Wayne is head of manager research and first joined the company in 2016.

• Tricia Ward is head of private markets, having joined the consultancy in 2021.

CEO Sylvia Pozezanac said the promotions were “an important recognition of their growth, talent and success, as well as the everyday contributions that make Redington a leader in our industry and a fun, rewarding place for us all to work”.

XPS grows risk settlement team

XPS Group has hired three people to strengthen its risk settlement team to focus on post-transaction activity such as the transition from buy-in to buyout and scheme wind-ups.

Josué Silva joins from Just Group where he was a senior implementation manager. Karine Reffreger was previously at the Pension Protection Fund where she worked for 12 years, most recently as a policy officer. Alex Shepherd joins from WTW.

Invesco appoints DC client chief

Mary Cahani has been appointed as head of defined contribution (DC) client engagement at Invesco.

In this newly created role, Cahani will be responsible for engaging with DC trust-based schemes and independent trustees to grow the asset manager’s presence in this market.

She joined the company in January 2022 as head of UK institutional, having previously worked for Russell Investments.

Her new role is one of four promotions, including Tom Banks to head of UK exchange-traded funds (ETFs), Joe Bello to head of ETF institutional and asset managers, and Ashar Muhammad to head of UK and alternative consultants.