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APG picks institutional client director

APG Group, the asset manager and administrator of the Netherlands' largest pension fund, has created a new position of managing director institutional clients, as it prepares for the planned merger with rival Cordares in September.

APG, which manages the €220bn ABP fund, has promoted its director of strategy and policy Olaf Sleijpen to be responsible for relations with APG's institutional clients, in particular for pension funds in the Netherlands and abroad.

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