The Pension Protection Fund (PPF) has appointed Barry Kenneth as chief investment officer for its £13bn investment portfolio.

Kenneth is expected to join the lifeboat fund in June, and comes from Morgan Stanley where he is a managing director and head of UK fixed income institutional and pensions coverage.

Commenting on his appointment, Kenneth said: “The PPF has developed into an impressive financial institution with an enviable track record in implementing innovative and exciting investment strategies. I am looking forward to contributing to the organisation’s further success while playing an important part in providing real security to millions of pension scheme members.”

PPF executive director of financial risk Martin Clarke added: “Our investment portfolio has become increasingly sophisticated and has received considerable industry recognition for its innovation and performance. We believe that Barry will bring to the PPF the expert knowledge and extensive experience needed to build on that success.

Share Story: