Danny Firth, a former chief operating officer (COO) and chief executive of Tesco Pension Investment, is joining the London LGPS investment pool London CIV as its new COO.
His appointment comes as Martin Gloyne, who has spent the last three years working on London CIV’s operational capability, plans to retire later this year.
Firth brings more than 30 years’ experience leading operations, governance and risk across pensions, investment management and financial services.
He joins London CIV from Tesco Pension Investment, where he led strategy, governance and culture for the £12.9bn UK Tesco Pension Scheme investment manager.
Firth has also held managing director roles at JPMorgan Chase, led global asset manager strategy and key client relationships at BNP Paribas Securities Services, and held senior operational leadership positions at Threadneedle Asset Management and Legg Mason.
Firth will take up the role of COO from March 16 and work with Martin Gloyne and the executive team to focus on London CIV’s priorities.
His appointment comes at an interesting time, given the recent expansion of the London CIV team as the organisation prepares for the next phase of Fit for the Future.
This includes Dagmar Dvorak joining London CIV to lead its four-person strategic asset allocation team, and James Beaumont being appointed head of public markets in 2025.
Commenting on Firth’s appointment, Dean Bowden, CEO of London CIV, said: “Danny brings deep experience in large-scale operational leadership across pensions and investments, and is a highly regarded leader with a proven ability to build resilient, well-governed organisations.”
As part of a planned transition, Martin Gloyne will remain a director of London CIV until his retirement later this year, supporting operational continuity and a structured handover.
Comments