Danish pension fund PFA poaches chief executive from asset manager

first_img“So Allan has a lot of experience with both pensions and investment,” Askær said.For his part, Polack described the new role as a dream job.“PFA has shown great strength over many years recently,” he said, adding that, at the same time, the company had the potential to achieve more.“PFA stands on a solid foundation and is in the process of exciting developments in a range of areas, and I am pleased to be allowed to be involved in the process and hopefully contribute to it with my knowledge and experience.”Polack started as chief executive at Nordea Asset Management in 2007.Before that, he was group director at Nordea Life & Pensions from 2002, having previously had many positions within the Nordea group.He holds various directorships within the Nordea group, as well as being on the boards of EFAMA (the European Fund and Asset Management Association) and SEI (the Stockholm Environment Institute), but is set to leave all Nordea directorships by the beginning of April, according to PFA.Heideby led PFA for 13 years.In October, the company said he had resigned to take on more directorships and give strategic advice.Askær praised him in December for having made a real difference at the company, having taken on the top role in 2001 – a time when PFA had serious economic problems.However, in the previous few months, Heideby had come in for harsh public criticism over a potential conflict of interest.Askær had subsequently called on him to explain how and why PFA was using an advertising agency partly owned by Heideby’s son. Denmark’s largest commercial pension fund PFA has ended uncertainty over its future leadership by appointing Nordea Asset Management chief executive Allan Polack to take the helm at the beginning of April.The current chief executive of the DKK417bn (€56n) mutual pensions provider Henrik Heideby officially left his job on 22 December and was replaced temporarily by Jon Johnsen while the company set about appointing a permanent leader.PFA’s chairman Svend Askær said: “Allan’s professional background, experience and the set of values he comes with suit PFA really well.”He pointed out that Polack had been both chief executive of Nordea Life & Pensions as well as most recently being the overall chief of Nordea Asset Management.last_img read more

Ghana Premier League: Kotoko silenced, Lions tamed, and Phobians win to assuage tension

first_imgHeart of Lions could not roar against Hasacas, while Accra Hearts of Oak won away at Amidaus despite a building feud in the clubAccra Hearts of Oak closed the gap on Asante Kotoko after beating Amidaus Professionals 1-0 at the Tema Park. Owusu Bempah got the lone goal for the Phobians in the 2nd minute. Hearts have been “on fire” since Friday after coach David Duncan was sacked. But they put the fracas behind them to ensure they left Tema unscathed.AshGold also applied the brakes on Asante Kotoko after posting a 2-0 victory at the Len Clay Stadium. The win left the top three teams clustered at the summit. Kotoko have 24 points, Hearts have 23, while Ashgold have 22.Heart of Lions surprisingly lost to struggling Sekondi Hasacas after tasting a 1-0 a defeat at the Kpando Park.Berekum Chelsea posted a 1-0 victory against Bechem United to stand tall in the derby match at the Golden City Park.Sulley Mohammed increased his tally to five goals after netting the second goal in King Faisal’s 3-0 win over New Edubaise United at the Baba Yara Sports Stadium in Kumasi. Bottom placed Inter Allies stunned Liberty Professionals at the Accra Sports Stadium after Herbert Addo’s boys managed to record a 1-0 win.Wa All Stars recovered from their poor outings to beat Ebusua Dwarfs 1-0 at their own backyard.Medema Sc worsened the woes of Aduana Stars by pushing them to the relegation zone with a 1-0 triumph on Saturday.The league returns on Wednesday with the week 12 fixtures at eight centers.last_img read more

Browns coach Freddie Kitchens says Ravens got away with cheap shot ‘because it’s Odell’

first_img Browns QB Baker Mayfield responds to Rex Ryan’s ‘overrated as hell’ remark Jarvis Landry injury update: Browns receiver (concussion) ruled out vs. Ravens It appeared that Humphrey choked Beckham after he had already been ruled down. What’s more? It happened directly in front of an official. Here’s what it looked like. pic.twitter.com/8w4xdS4u9F— Tom Withers (@twithersAP) September 29, 2019Kitchens said it is part of a pattern of cheap shots against the three-time Pro Bowl player.  Related News “I saw what you saw,” Browns coach Freddie Kitchens said after the game, according to ESPN. “He was getting choked on the ground. They get away with that because it’s Odell. I’m going to be one the phone with (NFL vice president of officiating) Al (Riveron) when I get on the bus.”Beckham, who finished the game with just two passes for 20 yards on seven targets, was often double, and even triple, covered.He had a … different response.“I’m just upset I lost my earring,” Beckham said after the game, according to the NFL Network.Humphrey ultimately apologized to Beckham. Browns coach Freddie Kitchens not giving up play-calling Freddie Kitchens was upset with a seemingly obvious disqualifying foul was never called against the Ravens.During the Browns eventual 40-25 win in Baltimore, there was an altercation between receiver Odell Beckham and Ravens defensive back Marlon Humphrey. “I ran into him after the game and apologized,” Humphrey told reporters. “It’s not really the brand of football I want to represent. The whistle blowed. It has to be over with.”Marlon Humphrey on incident with Odell Beckham Jr.: “I ran into him after the game and apologized. It’s not really the brand of football I want to represent. The whistle blowed. It has to be over with.”— Jamison Hensley (@jamisonhensley) September 29, 2019Referee Shawn Hochuli clarified the league’s stance after both players were penalized — Beckham for throwing a punch — but neither were ejected.“We didn’t see anything on the field that rose to the level of a disqualifying foul,” Hochuli said in a pool report, via the Baltimore Sun.last_img read more