The Secretary of State for Work and Pensions has made four reappointments to the Nest Trustee Board.
These reappointments include Helen Dean, who is also CEO of Nest, and Richard Lockwood, the pension company’s chief financial officer. Dean will now serve on the board until 31 May 2028, with Lockwood until 31 August 2028.
Board member Martin Turner has been reappointed for a second three year term (until May 2026), while Chris Hitchen has had his current term extended by 12 months until May 2024.
Turner joined the Nest board in 2018 and has 37 years’ experience working in financial services for both Barclays and Lloyds. He has covered a broad range of roles in his career from front line customer service and relationship management through to strategy and transformation and IT and operational services.
Meanwhile Hitchen re-joined the board of Nest in 2018, having previously served as a board member from 2010 to 2015.
Hitchen has over thirty years’ experience in investment and pensions and is chair of the Border to Coast Pensions Partnership, investing money for twelve LGPS pension funds. He previously led the 350,000 member UK Railways Pension Scheme for almost twenty years, first as CIO then as CEO.
Commenting on the reappointments, Nest chair Brendan McCafferty says: “I welcome these reappointments as they allow us to ensure we have the right skills and experience around our board table during this busy and strategic time for Nest.
“The depth and breadth of experience, brought by these board members, with the continuation of their service, will help us continue to deliver for our customers, as strong governance is key to ensuring good outcomes for our members and the employers who use Nest as their pension scheme.”
