Dutch pension fund PGGM has announced the appointment of a new infrastructure head, Frank Roeters van Lennep.
Frank Roeters van Lennep has been appointed head of infrastructure as of 1 January. Mr Roeters will succeed Henk Huizing, who is to focus on commissionerships at PGGM-managed participations, after six years in the role.
Frank Roeters van Lennep joins from KPMG, where he was partner at corporate finance for more than 14 years. Prior to this, Mr Roeters had worked at the National Investment Bank and the Dutch regulator.
PGGM is the second largest pension fund in the Netherlands. It is a leading pension fund administrator with origins in the care and welfare sector. PGGM provides pension management, integrated asset management, management support and policy advice for pension funds.
Société Régionale Wallonne du Transport (SRWT) selected last week PGGM alongside Alstom Transport, BAM PPP, DG Infra and SRIW Environment as preferred tenderer for the Liege tram line project in Belgium. The total project investment is estimated at US$522 million.
Earlier but also in December this year PGGM alongside BAM PPP, and Iridium (ACS group) won the tender process for the Ireland's N-25 New Ross Bypass PPP project. The total project investment is estimated at €215 million (US$337.1 million).