Rupert Brindley has left UBS, where he was a managing director focussing on risk management and liability-driven investment strategies.
During his 14-year tenure at the bank, he established its life and pensions group to offer asset and liability modelling and derivatives execution advice to large European insurers and pension funds - a service that was instrumental in UBS winning Risk's interest rate derivatives house of the year award in 2005.
He has joined New York-based consultancy Mercer as chief architect for its new UK pensions advisory and risk management service launched this week, called dynamic de-risking solutions. He will be based in London and report to the head of the new business, Bruce Rigby, who is also Mercer's chief retirement strategist.
In his new role, Brindley will design and implement bespoke risk management strategies for UK defined-benefit pension schemes. These include daily funding level monitoring, rules-based approaches to locking in market gains, liability hedging and measures to mitigate downside equity risk.
More on People
US bank parts company with 15-year veteran who moves to the buy side
Chris Leone and Dushyant Chadha replace Paul Galietto
Job changes in the derivatives, regulation and risk industry throughout Asia
Veteran equity derivatives banker founds London-based firm Alpima
Sign up for Risk.net email alerts
Sponsored video: MarketAxess
Sponsored video: Tradeweb
Multifonds talks to Custody Risk on being nominated for the Post-Trade Technology Vendor of the Year at the Custody Risk Awards 2014
Sponsored webinar: IBM Risk Analytics
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.