Geoff Mellor will become CEO of the Coal Pension Trustees Services, Sheffield, England, which manages about £25 billion ($46.8 billion) for four U.K. pension schemes, current CEO David Morgan said. Mr. Mellor will start on May 1 and will replace Mr. Morgan when he retires in summer 2007. Mr. Mellor is pensions director for the £1.2 billion Whitbread PLC Group Pension Fund, Luton, England. Mark Young, Whitbread pensions technical manager, said the company is looking for a replacement but declined to provide further details. CPT manages assets of the £13 billion Mineworkers' Pension Scheme, the £11.9 billion British Coal Staff Superannuation Scheme, the £227 million Industry Wide Mineworkers' Pension Scheme and the £194 million Industry Wide Coal Staff Superannuation Scheme.
Gary W. Anderson, executive director of the Texas Municipal Retirement System, Austin, will retire from the $13.5 billion plan effective Oct. 31, according to the plan's website. Eric Davis, deputy executive director, will become interim executive director on Nov. 1. Mr. Anderson has held the post since 1992.
State Street Global Advisors announced an organizational restructuring to support its business expansion outside of the U.S., spokeswoman Arlene Roberts confirmed. Mark Lazberger was appointed president of SSgA's international business, based in London. He was former head of the international business. The new position reflects "his increased responsibility and the growing importance of our non-U.S. business," Ms. Roberts said in an e-mail. Kanesh Lakhani was promoted to U.K. managing director. The former head of European marketing and consultant relations replaced Paul Duncombe, who has left to pursue "other opportunities," according to spokesman Stephen Sheppard. Mr. Sheppard declined to provide details about Mr. Duncombe's departure. Other appointments include Mike Wilson, who remains head of private equity division SSgA Ventures but will move to London from Tokyo to take on more client relationship management responsibilities. Andrew Astley, who will move to London from Boston, was appointed COO for Europe. Ava Williams replaced Mr. Astley in his previous role as head of new product development. Greg Ehret will also move to London from Boston as European head of sales and distribution. He was former co-head of sales of ETFs, mutual funds and separately managed accounts, along with James Ross. The two roles have been restructured, with Tony Rochte appointed as head of U.S. intermediary sales and client service while Mr. Ross now focuses on new product development, including ETFs, Ms. Roberts said.
James Bristow was named a director of BlackRock's London-based global equities team, confirmed spokeswoman Emma Phillips. It is a new position. Most recently, Mr. Bristow was a portfolio manager at JPMorgan Asset Management in London. Mark Dailey, spokesman for JPMorgan in London, was not immediately available to provide details on Mr. Bristow's replacement.