Sheila Stefani was named new head of stewardship at LGPS Central, Wolverhampton, England, a pool of U.K. local government pension schemes with £55 billion ($69.5 billion) in assets.
Effective May 22, Ms. Stefani will replace Valborg Lie, who recently left LGPS Central to return to Norway, a spokesman said. Ms. Lie was not immediately available to comment about her next appointment.
Ms. Stefani's "deep knowledge of corporate governance complements the team's existing skill set and will add considerable value to the team across the breadth of activities we undertake from stewardship through to integration," said Patrick O'Hara, director of responsible investment and engagement at LGPS, in a news release.
Ms. Stefani was responsible investment manager at TPT Retirement Solutions, where she led engagement strategies. TPT Retirement Solutions, Leeds, England, has £10.3 billion in defined benefit and defined contribution assets. A spokeswoman said TPT is recruiting for the position.