Jac Kragt was named chief finance and risk officer at PGGM Investments, which manages the €81.9 billion ($105 billion) Pensioenfonds Zorg en Welzijn, Zeist, Netherlands, spokesman David Uitdenbogaard said. The position is new.
Mr. Kragt was managing director of fundamental strategies at PGGM and previously worked as head of global financial markets at Rabobank. He will report to Else Bos, CEO of PGGM. Mr. Kragts duties as managing director of fundamental strategies will be assumed by CIO Johan van der Ende.