London pension board appoints Robert Vandersluis
11 November 2013 London
Image: Shutterstock
The London Pensions Fund Authority (LPFA), one of the largest local government pension scheme funds in the UK, has appointed Robert Vandersluis鈥擥laxoSmithKline鈥檚 director of global pension investments鈥攖o its board as a non-executive director.
The appointment comes shortly after the release of the LPFA鈥檚 annual report 2013, which showed that the fund grew by 拢427 million during 2012-13, to 拢4.6 billion.
At GlaxoSmithKline, Vandersluis manages a large derivative and investment portfolio, as well as providing strategic advice to the firm鈥檚 trustees for pension funds in Europe, the US and Japan.
鈥淗aving developed and overseen the implementation of GlaxoSmithKline鈥檚 interest rate and inflation hedging strategies, and established its London-based pension investment department, Robert is ideally placed to enhance the LPFA鈥檚 expertise in asset and liability management,鈥� said a statement.
Vandersluis鈥檚 previous roles include senior positions at Affinity Sutton Group and Ford Credit Europe Bank. In addition, he has served on the boards of five organisations, including The Pensions Trust, helping to direct the investment of 拢4 billion of assets for 36 defined benefit pension schemes.
The appointment comes shortly after the release of the LPFA鈥檚 annual report 2013, which showed that the fund grew by 拢427 million during 2012-13, to 拢4.6 billion.
At GlaxoSmithKline, Vandersluis manages a large derivative and investment portfolio, as well as providing strategic advice to the firm鈥檚 trustees for pension funds in Europe, the US and Japan.
鈥淗aving developed and overseen the implementation of GlaxoSmithKline鈥檚 interest rate and inflation hedging strategies, and established its London-based pension investment department, Robert is ideally placed to enhance the LPFA鈥檚 expertise in asset and liability management,鈥� said a statement.
Vandersluis鈥檚 previous roles include senior positions at Affinity Sutton Group and Ford Credit Europe Bank. In addition, he has served on the boards of five organisations, including The Pensions Trust, helping to direct the investment of 拢4 billion of assets for 36 defined benefit pension schemes.
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