Local Pensions Partnership Confirms Chris Rule As CEO
Chris Rule has been selected as CEO, LPP and LPPI (Local Pensions Partnership Investments). Rule was previously interim CEO, LPP, since May 2019, and Managing Director and Chief Investment Officer (CIO), LPPI, since 2016. Richard J Tomlinson has also been promoted from Deputy Chief Investment Officer LPPI to Chief Investment Officer, LPPI.
Before joining LPP in 2016 Chris was CIO at London Pensions Fund Authority (LPFA), one of LPP’s founding clients. Prior to LPFA Chris held several senior positions including Head of Alternatives at SEB Investment Management, as well as founding and co-managing the multi-strategy team whilst a Principal at Old Mutual Asset Managers.
Tomlinson has been in LPP’s investment team since 2017 and has over 17 years’ asset management, investment research and portfolio strategy experience, along with strong experience in client management. He joined LPP from Albourne Partners, where he was Head of Portfolio Advisory (EMEA). Before this role, he was Head of Multi-Strategy at Old Mutual Asset Managers.
As CIO, Tomlinson will take over Chris’ previous role of managing LPP’s internal and external investment strategy to deliver outperformance for all member funds.
Michael O’Higgins, Chairman, Local Pensions Partnership, said: “I am very pleased to confirm Chris as CEO for LPP and LPPI. Chris brings over 20 years of investment experience to the role, operating at the most senior level, with a vision to take LPP and its investment company, LPPI, to even greater success.
“Richard is a highly experienced and skilled investment professional and I am thrilled he is taking on the CIO role. I am confident that they will deliver on our objective of building a strong business which maximises our collective ability, in order to generate the best outcomes for our clients and their members.”
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