​Wednesday people roundup

first_imgDG FISMA, Legal & General Group, ARC Pensions Law, Sackers, Pensions Management Institute, RWC Partners, OssiamDG FISMA – Jonathan Hill has resigned as European commissioner for financial stability in the wake of the UK’s decision to leave the European Union. Hill said he had agreed his departure as commissioner for financial stability, financial services and the Capital Markets Union with Jean-Claude Juncker, president of the European Commission, in discussions several weeks ago. Valdis Dombrovskis, a Commission vice-president for the euro, has assumed responsibility for Hill’s portfolio.Legal & General Group – Sir John Kingman has been appointed group chairman. He succeeds Rudy Markham, who has served as interim chairman since John Stewart’s retirement from the board on 1 June. Kingman has had an extensive Whitehall career, culminating as second permanent secretary of HM Treasury. He was also chief executive at UK Financial Investments, with responsibility for managing the government’s shareholdings in Lloyds Bank, Royal Bank of Scotland and Northern Rock.RWC Partners – Peter Clarke is to join the board as a non-executive director. Clarke serves on the boards of Lombard Odier and AXA UK, and he is chairman of Lancashire Holdings. He has had a career spanning more than 30 years, including six years as chief executive at Man GLG. ARC Pensions Law – The pensions law firm has appointed Anna Copestake as a senior associate, joining from Sackers. Kevin Le Grand has been appointed as a consultant. Le Grand, who is president of the Pensions Management Institute, has been working part-time as a consultant since October and now joins on a permanent basis.Ossiam – Johann Nicolle joined the smart-beta fund manager and Natixis Global Asset Management affiliate as portfolio manager and quantitative analyst in April.last_img read more

More Bacolod village execs charged over SAP

first_imgThey were facing charges for violation of Republic Act (RA) 3019 or the Anti-Graft and Corrupt Practices Act, RA 6713 or the Code of Conduct and Ethical Standards for Public Officials and Employees, and RA 11469 or the Bayanihan to Heal as One Act, according to Chief Master Sergeant Ramiro Gocotano, officer-in-charge of CIDG-Bacolod City Field Unit. BY DOMINIQUE GABRIEL BAÑAGA Earlier this month, the CIDG-Bacolod also charged 11 officials of Barangay Mandalagan before the City Prosecutor’s Office for similar violations./PN BACOLOD City – The village captain of Mansilingan and nine other officials face criminal charges related to the distribution of the emergency cash assistance under the national government’s Social Amelioration Program (SAP). He believed that charges against him were “politically motivated.” Last week, four complainants – Roy Jesus Giua, Benggie Debuyan, Marites Castillo, and Maria Cecilia Tan – lodged a joint affidavit before Assistant City Prosecutor Allan Vir Gumahin.center_img Four complainants reported to the Criminal Investigation and Detection Group (CIDG)-Bacolod City Field Unit alleging that the selection of SAP beneficiaries in Barangay Mansilingan was manipulated to favor certain relatives and close associates of the respondents. The barangay captain explained that all beneficiaries underwent proper screening, and even sought the help of the city’s Department of Social Services and Development (DSSD) to assign DSWD personnel to screen the beneficiaries. Charged before the Provincial Prosecutor’s Office by the CIDG were Barangay Captain Rodolfo Pico, barangay secretary Edward Menesis, purok presidents Julius Villaflor and Victorious Christally Valenzuela, purok kagawads Gina Gilbor, Amelita Mondejar, Gregorio Beniten, Lourdes Palma and Anabelle Javier, and Mercedes Rory Capunong. Pico, for his part, denied the allegations. He pointed out that he only followed protocols issued of the Department of Social Welfare and Development (DSWD).last_img read more