Dutch pension fund manager cooperative PGGM has appointed Erik van de Brake as head of infrastructure.

Frank Roeters van Lennep, who was named private markets CIO in September following the departure of Ruulke Bagijn, was succeeded by van de Brake that has been at PGGM since 2014 as a senior investment manager.

He studied in Erasmus University Rotterdam from where he holds a master’s degree in business economics. He spent most part of his career at Dutch banking company Rabobank, with roles such as head of project equity and head of project finance.

In his new role, van de Brake will supervise a team of 22 and infrastructure assets of €7.5 billion ($8.1 billion).