Appointments update - 19 August 2022

AXA Investment Managers (AXA IM) has appointed Tim Banks as sales director for UK institutional core clients.

Reporting to AXA IM head of UK institutional sales, Rachel Basarab-Horwath, Banks will help to grow AXA IM's defined contribution (DC) pension fund and third-party insurer client base in the UK. He joins from Mercer, where he was head of external sales for the UK investment team, responsible for UK external asset-based sales and third party advisors across a broad range of clients and products.

Cardano has been appointed fiduciary manager for three Unisys pension schemes.

Following a competitive tender process, the Unisys UK pension trustees appointed Cardano to act as the fiduciary manager of the Unisys Pension Scheme, Unisys Payment Services Pension Scheme (Unisys Section), and Unisys Public Sector Pension Scheme. Under the mandate, Cardano will provide services including investment advice, investment management, sustainable investing and risk management for the schemes’ £1.2bn assets. Isio advised the trustee throughout the selection process.

WTW has named Sarah Conway as head of its Ecosystem Resilience practice and director in the Disaster Risk Finance/ Parametrics unit.

Conway brings over 15 years' experience to the role, having previously been lead climate finance negotiatior for the US delegation to the UN Framework Convention on Climate Change, including at COP21 in Paris. During her time at the US Department of State, Conway also supported US involvement with the Green Climate Fund and GEF, and helped to design and launch the Global Innovation Lab for Climate Finance.

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