Jan Mark van Mill was named managing director of multiasset at APG Asset Management, effective April 1, a spokesman confirmed.
Mr. van Mill will replace Peter Wijn, who will retire at the end of March.
Mr. van Mill will be responsible for asset allocation and investment portfolios, reporting to Ronald Wuijster, CEO of APG Asset Management.
"Jan Mark van Mill has a lot of knowledge with regard to managing the entire portfolio of pension funds. Liquidity management, managing interest rate hedge, currency hedge and overlay portfolios and managing the allocation across investment strategies will thus remain in capable hands even after Peter Wijn's departure," Mr. Wuijster said in a news release Thursday.
Mr. van Mill is head of treasury and trading at APG Asset Management, which manages assets for Stichting Pensioenfonds ABP, Heerlen, Netherlands. He will retain his previous responsibilities.
ABP has €480 billion ($578.5 billion) in assets. APG Asset Management had €521 billion in assets under management as of Dec. 31.
