Switzerland based public pension fund, Publica, will hire a new head of its asset management division.
Managing director Dieter Stohler confirmed that the fund was currently looking for Haury von Siebenthal’s successor and had published job details online.
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The fund is looking for a candate with "well-founded knowledge" of the occupational pension system in Switzerland who is "familiar" with the regulatory framework and has several years’ experience in institutional asset management.
Stohler said the "optimistic" scenario would be for Publica to find a replacement by the end of April, 2013.
Haury von Siebenthal had served as head of asset management at the scheme since 2005, also acting as deputy director since 2007.
In 2012, the fund returned almost 8%, above the average – approximately 6.5% – calculated for the industry.
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By GlobalData
