Anson U.S. Bound for Nuveen Executive Post

July 26, 2007 (PLANSPONSOR.com) - U.K. investment manager Hermes Pensions Management has announced that chief executive Mark Anson is leaving his chief executive post in about a month.

A news release posted to the firm’s Web site Thursday said Anson is set to return to the U.S. “for family reasons” and will join a Chicago-based investment management firm starting in September.

Nuveen Investments separately announced the 47-year-old Anson’s appointment as President & Executive Director, Investment Services.

Until his successor has been appointed, Hermes will be run by the Executive Committee, led by Rupert Clarke, according to Hermes.

“Mark has made a significant contribution to Hermes since he joined at the beginning of last year. We understand the family reasons that require him to return to the USand we wish him and his family well,” said Richard Bernays, Chairman of Hermes Pensions Management, in the news release. “We have a strong Executive team and an established process for dealing with such contingencies.”

Anson joined Hermes in January 2006 from the California Public Employees’ Retirement System (CalPERS), where he was chief investment officer (See CalPERS CIO to Take Top Spot at UK Money Manager ).

Anson received a Lifetime Achievement Award from PLANSPONSOR during ceremonies earlier this year.

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