18 Jun 2019 Permanent CIO Appointment
We are pleased to announce that Mark Thompson will be joining the LCIV team as permanent Chief Investment Officer (CIO).
Mark will start on 2 September 2019 and brings with him over thirty years of experience in the financial services industry. Mark has held the position of CIO at HSBC Bank UK Pension Scheme for over eight years, where there is a £28bn Defined Benefit scheme and a £4bn Defined Contribution scheme. Prior to HSBC, Mark worked for over twenty years at Prudential/M&G Investments in a variety of senior investment positions.
On his appointment, Mark said, “I am delighted to be joining the team at London CIV. I look forward to contributing to the further development of LCIV, and to helping the organisation meet the expectations and requirements of its shareholders.”
Lord Bob Kerslake, Chair of the London CIV, added, “I am absolutely delighted that Mark is joining us. He comes with enormous experience and a strong track record of achievements. This will be of enormous benefit to the London CIV as we move forward.”
Since early May, Michael Pratten has been acting as interim CIO at London CIV whilst the recruitment for a permanent CIO has been ongoing. Michael will continue to lead the Investment team and help deliver the current pipeline of fund launches until Mark joins in September.