He will oversee all investment operations and seek to optimise sustainable and long term returns in line with the APG strategy.
Branner, whose appointment has been approved by Dutch regulator AFM, will report to his predecessor Ronald Wuijster, CEO of APG Asset Management and member of the executive board of APG Group responsible for asset management.
Formerly, Branner has worked as CEO/CIO of SEB Investment Management in Stockholm. There he was responsible for the overall investment process at the firm and its fund range as well as institutional mandates covering €100bn in assets under management.
Prior to that, Branner was CIO at Fortis Investments’ multi management division in London and served as managing director of Ikano Fund Management in Luxembourg.
Wuijster, CEO of APG Asset Management and member of the executive board of APG Group responsible for asset management, commented: “At APG, we believe in good pensions in a sustainable world. Over the past years we have managed to realize very good investment returns. These results are crucial in order to pay participants’ pensions today and in the future. After all, of every pension euro that is paid, some 80 cents are realised by return on investments.
“At the same time, we are working closely with pension funds to make our investing activities more sustainable every day. I am very happy that Peter Branner is now joining our team as CIO and I am looking forward to continuing our work in achieving our ambitious goals together.”
Bart Le Blanc, chairman of the supervisory board at APG Asset Management “APG is among the top investment institutions in the world with over €479bn in pension assets under management. Our pension fund clients and their participants expect our investment activities to be top notch.
“This is why we are pleased with the appointment of Peter Branner, a seasoned executive in our field. He has broad international experience in the area of long-term investing and we are therefore fully confident that he is the right person to make the difference for our funds and their participants when it comes to asset management.”