Standard Life has appointed Michelle Ostermann as chief executive officer (CEO) of its retirement solutions business and group chief investment officer, subject to regulatory approvals.

Ostermann most recently served as CEO of the Pension Protection Fund, where she led the organisation and oversaw approximately £32bn in assets. She has more than 30 years of global experience across pensions, insurance and investment management in the UK and Canada. Her career includes 18 years with three major Canadian life insurers, followed by 15 years in pension and institutional investment leadership. Her previous senior investment leadership roles include managing director of Railpen Investments and global head of capital markets at PSP Investments. Additionally, she served as chair of the International Centre for Pension Management and is a member of the UK’s Capital Markets Industry Taskforce.

South Yorkshire Pensions Authority has appointed Jonathan Hunt as an independent person, effective January 2027.

Hunt has worked with the authority for the past two years as one of their independent investment advisers and has extensive experience across the Local Government Pension Scheme (LGPS), investment management and corporate finance. He has served as chief investment officer for multiple LGPS funds, responsible for oversight of governance, member administration, funding and investment. He is also the independent person for the London Borough of Enfield Pension Fund.

IFM Investors has appointed David Cienfuegos as global head of product strategy.

Cienfuegos joins IFM Investors following 15 years at WTW, where he held several leadership roles within its investments business. Most recently, he served as senior managing director and head of Western Europe and international. He has more than 25 years of global investment and leadership experience across public and private markets. He will be based in New York but will work across IFM Investors’ global business.

Alter Domus has announced the appointment of André Bourbonnais as non-executive chair of its Board of Directors.

Bourbonnais has extensive experience in private markets and financial services. Previously, he worked at BlackRock, where he served as a managing director and chair of its Canadian operation. He has also worked at PSP Investments, CPP Investments and La Caisse. He holds a Master of Laws from the London School of Economics. This appointment follows the news that former chairman, Mark Wiseman, took up the role as Canadian Ambassador to the United States.

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