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PGGM – Bob Rädecker will be stepping down from his position as CIO public markets at PGGM at the end of this year, PGGM has announced. The €266bn pension asset manager has started its search for a successor. Rädecker, who does not have a LinkedIn profile, said “it is time to move on” after 16 years of being in charge of PGGM’s public markets investment policy. He said the upcoming implementation of PGGM’s “ambitious” new investment policy is “a natural moment to transfer my responsibilities”. Rädecker will use the remainder of this year to explore options of another position within PGGM, and externally in the field of supervisory and advisory asset management and risk management positions at pension funds and insurers, PGGM added.

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