Nokia-Siemens Network names new pension heads as Friese retires

first_imgAmin Obeidi has been named as German head of pensions at Nokia’s German subsidiary, according to outgoing head Thomas Friese.Retiring after nearly 10 years as global head of pension and insurance at Nokia-Siemens Network (NSN), since renamed Nokia, Friese will remain as chairman of the €1bn NSN Pension Trust, a contractual trust arrangement (CTA) used to fund the sponsor’s liabilities.As part of mergers and restructurings over the last years, Nokia as named Obeidi as head of pensions for Germany, Jean Grisi as global head of pensions and Xavier Langlois Destaintot as head of pensions Europe.Obeidi is currently senior asset manager, pensions, and has been working alongside Friese at the NSN Pension Trust for a number of years, helping run its €1bn in assets which comprise the former pension fund for Nokia-Siemens Networks and retirement income for Nokia’s German staff. A chartered alternative investment analyst, Obeidi previously managed asset-backed securities funds for institutional and retail clients, and holds a banking and finance degree.NSN has allocated around 20% of assets to alternatives, and Friese previously identified the area as one into which the CTA should continue to invest.Prior to assuming responsibility for pensions in 2007, Friese was head of project financing at Siemens Financial Services, where he worked for 16 years.He told IPE he was looking forward to his partial retirement, while continuing his involvement with NSN by chairing its board. He added that he hoped to use his experience in other roles, but it remained to be seen how the situation developed.“If I don’t end up on any other boards, then I can just sail around on my yacht,” he joked.Friese recalled the establishment of the CTA in 2007, and said it was among the best-performing of such vehicles in the German market, achieving an annualised return of 6.8% since inception.last_img read more

Update on the latest sports

first_imgUpdate on the latest sports MacDermid has become a regular on the blue line for the Kings this season, getting three goals and five assists in a career-high 45 games. He has scored 13 points with 115 penalty minutes during parts of three seasons with Los Angeles.NHL-STAPLETON OBITEx-Blackhawks blueliner Stapleton diesTORONTO (AP) — Former Chicago Blackhawks defenseman Pat Stapleton has died at 79.The three-time Second Team All-Star was on Canada’s Summit Series squad in 1972 and is alleged to have claimed the puck from Paul Henderson’s series-winning goal over the Soviet Union. He played eight seasons with the Blackhawks from 1956-66 to 1972-73, helping them to Stanley Cup final appearances in 1971 and 1973. — Former University of Georgia standout running back Todd Gurley has formally agreed to a one-year contract with the Falcons, pending a physical. The framework of the deal was agreed to on March 20, less than 24 hours after Gurley was released by the Rams, and finalized this week. He was one of the NFL’s top running backs with the Rams and says he has no doubt he can still meet that standard. — The Cowboys have signed cornerback Saivion Smith, adding the former XFL player about the same time the spring league announced it was suspending operations. Smith played for Houston, which was the only undefeated team in the XFL when the league stopped playing last month after five games because of the new coronavirus outbreak. Smith led Alabama with three interceptions in his only season in 2018.NHL-KINGS-MACDERMIDLA Kings sign MacDermid to 2-year contract extensionLOS ANGELES (AP) — Defenseman Kurtis MacDermid has agreed to a two-year, $1.75 million contract extension through the 2021-22 season with the Los Angeles Kings. NHL-WEBSTER OBITEx-NHL, WHA forward Webster diesUNDATED (AP) — Former NHL and WHA player and head coach Tom Webster has died at 71, according to the Carolina Hurricanes.Webster’s playing career took off once he jumped to the WHA, where he had 220 goals and 425 points in 352 games over six seasons with the New England and Hartford Whalers from 1972-78. He later went on to coach the New York Rangers and Los Angeles Kings.,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6 — The XFL has suspended operations and laid off its employees. Employees were told of the layoffs Friday during an in-house conference call. The upstart league backed by WWE canceled the remainder of its season last month because of the coronavirus pandemic, but promised to be back in 2021. The moves have left the league’s future in doubt. The XFL has eight franchises and played five games out of a planned 10-game schedule.— Blake Snell, Juan Soto and Bo Bichette are among the baseball stars switching over to PlayStation with America’s pastime on hold. One player from each of the 30 major league teams has signed on to play a round-robin regular season on the MLB The Show video game with the real season on hold due to the coronavirus pandemic. Snell, a Cy Young Award winner with Tampa Bay, will face Cincinnati reliever Amir Garrett in the opener Friday night. That matchup will air on Snell’s Twitch feed, and other games will be streamed via Twitch and YouTube with MLB Network host Robert Flores providing commentary.— New Jersey Devils defenseman P.K. Subban (SOO’-ban) and the NHL are bringing something new to television Saturday for fans dealing with the isolation and hardships caused by the coronavirus outbreak. It’s NHL Hat Trick Trivia. Subban is the host of the weekly 30-minute show in which contestants will answer up to three hockey trivia questions for prizes, the top one being two tickets to any game next season. Everything is filmed remotely with Subban hosting the show from his living room in Los Angeles, in the house he shares with fiancee and Olympic gold medalist Lindsey Vonn. Contestants are filmed at their homes and there is a guest player every week.— Basketball’s Sabrina Ionescu, soccer’s Carli Lloyd and swimming’s Katie Ledecky are among the athletes who will help young girls and women stay mentally and physically fit during the coronavirus pandemic. The Women’s Sports Foundation and Yahoo Sports are launching #WeKeepPlaying, a live-stream event on Saturday at 4 p.m. EDT. They’ll join tennis great Billie Jean King and former Secretary of State Condoleezza Rice in taking questions from young athletes and providing tips on resilience and training. Sports broadcaster Cari Champion will moderate the hour discussion, streamed on— The defending soccer champions in Belarus have started putting mannequins in the stands as fans stay away from stadiums because of the coronavirus. Dynamo Brest has been selling “virtual tickets” to games. Those give foreign fans the right to have a mannequin with a cut-out photo attached. It comes as fans at many clubs have said they will boycott games because the virus makes going to the stadium too risky. Keeping sports arenas open has been part of Belarusian President Alexander Lukashenko’s unconventional approach to the coronavirus. He has said there is no need to close workplaces and public events. April 10, 2020 Garza has announced he’ll enter the draft process without an agent so he can maintain his college eligibility. The All-America center was runner-up to Dayton’s Obi Toppin (OH’-bee TAH’-pihn) for Associated Press national player of the year after becoming the first Big Ten player in 26 years to average at least 26 points per game in conference play.Garza scored a school-record 740 points this season, breaking the program’s 50-year old record.Carey Jr. is entering the NBA draft after being named the ACC’s player of the year and newcomer of the year by The Associated Press. He had been considered a likely one-and-done prospect and projected first-round pick.Carey averaged team highs of 17.8 points, 8.8 rebounds and 1.6 blocks while shooting 57.7% as a physical inside presence.Creighton guard Ty-Shon Alexander declared for the draft with the option to return to school for his final season of eligibility. Alexander was named to the All-Big East first team after leading the Bluejays with 16.9 points per game. He said Friday he would go through the evaluation process by league executives to determine if he should stay in the June 25 draft or withdrawal by the May 29 deadline.center_img Josh Green is the latest Arizona freshman to declare for the draft, joining Nico Mannion and Zeke Nnaji in leaving early. The Australian-born Green is projected to be a first-round pick after averaging 12 points, 4.6 rebounds and 2.6 assists during his lone season with the Wildcats. The athletic, 6-foot-6 guard grew up in Sydney before his family moved to Phoenix.VIRUS OUTBREAK-SPORTSNationals report 1 positive test, not a playerUNDATED (AP) — Washington Nationals general manager Mike Rizzo says a non-playing team employee tested positive for the coronavirus and is “on the road to getting better.”Rizzo says no players for the reigning World Series champions have shown any symptoms of COVID-19 at any point and so no one has been tested. He said the team’s medical staff checks in each day with every player and staff member. Associated Press Share This StoryFacebookTwitteremailPrintLinkedinRedditCOLLEGE BASKETBALL-IOWA-GARZAIowa’s Garza enters draft, keeps college eligibility for nowUNDATED (AP) — Iowa’s Luka Garza and Duke’s Vernon Carey Jr. head the latest cluster of college basketball players who are testing their potential value in the upcoming NBA draft. NFL-NEWSReport: Brees to join NBC after playing career endsUNDATED (AP) — The New York Post is reporting that New Orleans Saints quarterback Drew Brees (breez) will join NBC after he retires.The 41-year old Brees will be going into his 20th NFL season this year and is signed through 2021. He is expected to begin as an analyst on Notre Dame games and in the studio for “Football Night in America” before eventually moving into the “Sunday Night Football” booth.In other NFL news: Rizzo said the ailing employee was at the team’s spring training facility in West Palm Beach, Florida, and now is home after his quarantine ended. Rizzo said the employee is fever-free and symptom-free.In other news related to the coronavirus pandemic:— The chief executive of the Tokyo Games says he can’t guarantee the postponed Olympics will be staged next year because the coronavirus continues to spread in Japan. The country issued an emergency declaration this week to battle the virus. Organizing committee CEO Toshiro Muto says “I don’t think anyone would be able to say if it is going to be possible to get it under control by next July or not. We certainly are not in a position to give you a clear answer.” The Olympics were postponed last month with a new opening set for July 23, 2021, followed by the Paralympics on Aug. 24.— The U.S. Olympic swimming trials have been rescheduled for June 13-20, 2021 in Omaha, Nebraska. The trials were initially scheduled for June 21-28 and are the sole qualifier for U.S. Olympic team, with the top two finishers in each event earning a trip to Tokyo. The original 15-session, eight-day schedule will remain for the rescheduled trials.— Florida State offensive lineman Andrew Boselli says he and his famous father are both recovering from COVID-19. The son of former NFL lineman Tony Boselli writes on Florida State’s athletic department website that he dealt with the worst of the virus for about three days. The Seminoles lineman wrote he “spent days feeling miserable” and his healthy 47-year-old father with no underlying health conditions “spent three days in the intensive care unit.” Tony Boselli is now back home.last_img read more

Racist Chant Mars Chelsea’s Away Win at Spurs as Man Utd…

first_imgIt was different fortune for two top sides Chelsea and Manchester United aiming better their respective placement on the log last night but Tottenham’s Premier League game against the London side appeared to be marred by racist behaviour from the crowd.While Frank Lampard got the best out of the crucial encounter against his former Manager, Jose Mourinho with 2-0 win at Spurs new stadium, the racist even and another red card against Son was the talking point of the encounter.Referee Anthony Taylor stopped the game in the second half after an object was thrown on to the pitch and he was approached by Blues defender Antonio Rudiger. An address made over the public address system then warned “racist behaviour is interfering with the game”.Second and third announcements followed with the game heading towards its end.Uefa’s three-step protocol says that a game can be abandoned if fans have been warned twice before.Speaking at the game, former Newcastle and Tottenham midfielder Jermaine Jenas said: “With the technology they have in this stadium, I would be shocked if they could not pinpoint the individual.“That person will be isolated and dealt with accordingly. There is no place for it but I want more than an announcement.“I do not want them back in the stadium ever again – sadly some people are that ignorant.”A supporter was arrested and bailed over allegations of racist abuse against Manchester United players during their Premier League match at Manchester City on 7 December.A video had been circulated on social media of a man appearing to make monkey gestures and sounds towards United players at Etihad Stadium.Earlier in the day, Manchester United manager Ole Gunnar Solskjaer came to the defence of David De Gea after the goalkeeper’s blunder proved pivotal in a 2-0 loss away to Premier League bottom side Watford.The Vicarage Road clash was still goalless when De Gea somehow allowed a tame, spinning effort from Ismaila Sarr to creep through his hands and in at the near post.Watford doubled their lead four minutes later when Troy Deeney fired home from the penalty spot after Aaron Wan-Bissaka brought down Sarr with a misjudged sliding tackle and not even the returning Paul Pogba, on as a second-half substitute, could prevent defeat.But what irked Solskjaer more than De Gea’s mistake was the pace of United’s play.“We started the game slow,” Solskjaer told Sky Sports.“The first half was very, very poor from both sides and when you concede two goals like we did in quick succession with their two shots on target we gave ourselves too much to do.“It was too slow, it was like a testimonial in the first half from both teams,” he added after a defeat that left United in eighth place and continued their run of poor results against lower-ranked teams in the top flight – a marked contrast to their recent wins over Tottenham Hotspur and Manchester City.“I’m very disappointed because we have to get more points against teams, like today,” said Solskjaer.“I’m sure they were low in confidence because they must be when you’re bottom of the table.“We were high in confidence because we’ve done well lately but it just wasn’t there. There was no intent or urgency to make us deserve to win the game.”“There’s no excuses at all,” he added. “We prepared well and there’s nothing I can put my finger on.”United’s five league losses this term have come against Crystal Palace, West Ham, Newcastle, Bournemouth and now Watford.As for Spain international De Gea’s howler, Solskjaer said: “It was a mistake, it happens in football and it is what we train for every day to make sure they don’t happen again. David has been very good lately, it is just one of those things that happen.“You have to earn every point on the pitch and today we didn’t deserve that.This was just Watford’s second league win this season and first of the campaign at home as they marked new manager Nigel Pearson’s first match in charge at Vicarage Road in style.Although the Hornets remain at the foot of the table, they are now level on points with second-bottom Norwich and a mere six shy of safety.Victory followed an impressive display in a defeat last time out at leaders Liverpool and Deeney said: “We’ve been close (to winning) for ages now.“People are looking and see us at the bottom of the league but performances like Liverpool, Leicester before that, there are games we’re thinking we should have won.”“It was a great team performance, lots of people did a proper shift and I’m happy for everyone here that they can have a decent Christmas.”Deeney’s goal was his first since April but the striker insisted he had not felt under pressure to score.“Real pressure is watching my mum work three jobs trying to make ends meet for Christmas,” he said.“This is football.”Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Plans in gear for Copa Cocacola Africa camp

first_img“We are working with partners across the continent to develop a Copa Africa camp because as you know there are multiple countries with Copa Coca-Cola. We want to have a world cup of sorts because we have seen a lot of talent especially in the Kenyan tournament and we would want to develop it,” Nzioka said.In previous years, there have been Copa camps organized in South Africa and at one point there was a partnership with coaches from English premier League side Chelsea FC who came down and helped train the young lads and their coaches.Meanwhile, Nzioka says the tournament celebrating it’s 10th anniversary this year has seen tremendous success and believes there will be more in the coming years.2018 Copa Coca-Cola Champions St. Anthony’s Boys from Kitale celebrate with their trophy at the Hill School in Eldoret.St. Anthony’s Boys from Kitale won this year’s competition after beating St. peters Boys from Mumias 3-1 on penalties in the final in Eldoret last week.Biggest among the highlight players to have come through the tournament is Harambee Stars striker Michael Olunga who starred for Upper Hill High School before making the top tier moves to Thika United, Tusker FC and Gor Mahia.Olunga currently plies his trade in the Chinese top tier with Guizhou Zhicheng having had his first pro stint in Sweden with Djugardens and last season played in the Spanish La Liga with FC Girona.“The 10 years have been a learning and growing experience for us. The reason we got into Copa was because we wanted to engage the youth on a platform they could connect with and for the youth that is either music or football,” Nzioka explained.“Copa has grown year in year out and the reason we went for the Under-16 is because that is the age where youth discover their talent and we wanted to play a part in nurturing it and opening the doors for them,” he added.Coca-Cola Senior Franchise Brand Manager Rodney Nzioka receives a commemorative plaque from an official of the Kenya Secondary School Sports Association as they celebrated 10 years of existence.Previously, the company used to run the tournament on its own but since 2016, they have partnered with the Kenya Secondary School Sports Association (KSSSA) and the tournament has been made part of the school games calendar.“The reason we partnered with KSSSA is we wanted to increase the scale of Copa and with schools it allows us to touch all secondary schools in Kenya. Also, they provide a great logistical and marketing support for Coca-Cola so it makes it easier,” added Nzioka.“I would give a 12 (On a scale of 1-10)! It has been a successful endeavor with the company and there are a lot of superstars that played their first organized game through Copa, not only players but coaches as well, we develop the sport all round,” further added the Marketing boss.Meanwhile, Coca-Cola signed a three-year partnership with KSSA that will see them sponsor the entire Term 2A National School Games to the tune of Sh21.5mn per year, taking over from Brookside who were erstwhile sponsors of the games.The partnership kicked off this year with the School Games held in Eldoret where the company were headline sponsors for the Copa U16 tourney, U19, racquet games, volleyball, netball, rugby, decathlon, heptathlon and cross country. 0Shares0000Coca-Cola Senior Franchise Brand Manager Rodney Nzioka hands over the winner’s trophy to the 2018 Copa Coca-Cola Champions St. Anthony’s Boys from Kitale at the Hill School in Eldoret.NAIROBI, Kenya, Aug 6- Plans are on to organize an Africa Copa Camp that will see winning teams from all round the continent gather in one central location for a training program as well as a ‘African Cup’ tournament, Coca-Cola Senior Franchise Brand Manager Rodney Nzioka has told Capital Sport.In an exclusive interview with Capital Sport, Nzioka says just as has been the tradition in years before, the beverage company will look to ensure the talents showcased in the Under-16 tournaments all across the continents is developed and improved. 0Shares0000(Visited 3 times, 1 visits today)last_img read more

Mike Tyson Launches Charity Foundation In Las Vegas

first_imgFormer world heavyweight champion turned acclaimed entertainer and devoted family man, Mike Tyson is giving back to the community with the launch of his charity, Mike Tyson Cares Foundation.The charity, whose mission is to “give kids a fighting chance” by offering innovative centers that provide for the comprehensive needs of children from broken homes, will kick off with a star-studded gala at Las Vegas hotspot TABU on December 7th, 2012. Proceeds from the event will benefit the Shade Tree Foundation as well as Awakenings both of which benefit needy and at-risk children in the Las Vegas area.Mike, who has had stunning success as an entertainer in recent years both in the “The Hangover” series and with his critically acclaimed, one-man show, “Mike Tyson: Undisputed Truth” currently resides in Las Vegas with his wife and children, and is thrilled to give back to the community that he calls home.“I am very proud to launch Mike Tyson Cares Foundation,” said Tyson. “I want my legacy to be about charity and helping children. This is my start.”The Mike Tyson Cares Foundation launch event goes from 7pm-10pm at Tabu in Las Vegas ’ MGM Grand. Media check in is at 6:30 and red carpet arrivals are from 7pm-8pm. To purchase your tickets, click here.To further benefit Mike Tyson Cares, Mike is also auctioning off the once-in-a-lifetime chance to sit ringside with him at the December 8, 2012 Pacquiao vs. Marquez Fight in Las Vegas on Proceeds from the auction will go directly to the charity. To bid, click here.Find out more about Mike Tyson Cares here.last_img read more