Standard Life has appointed Andrew Davies to its Independent Governance Committee (IGC) which oversees the interests of close to 2.8 million workplace and Investment Pathways personal pension scheme members.
Davies is replacing the current committee’s lead on the communications and engagement value for money (VfM) Jo Hill, who is resigning to accept a position at the Bank of England.
Additionally, Davies will continue to serve as a trustee on the SLMTC Board, which represents the needs of members in the master trust pension scheme.
Meanwhile, Rona Cameron, an employer-nominated IGC member, is also resigning after three years of service in order to focus on her position as head of customer engagement at Standard Life.
Meanwhile, Rachel Haworth, currently IGC investment pathways VfM lead, is moving roles to become the Customer VfM lead from 1 October 2023, while Maggie Craig will extend her IGC responsibilities adding Investment Pathways VfM to her Comparative MI VfM role on the Committee.
Davies says: “Andrew has over 35 years’ experience in Financial Services covering pensions, wealth management, life, healthcare and general insurance, holding a wide range of senior management positions.
“Andrew currently runs his own management consultancy business specialising in strategic change as well as being a Non-Executive Director on the Standard Life Master Trust Board, chairing a South West business mastermind group and training / coaching senior leaders.
“He was previously Director of Marketing Strategy & Customer Insight for AXA UK & Ireland during which time he established their first customer centricity strategy, and while Head of Strategic Development for AXA Life was a founder member of the Elevate investment platform (now abrdn Elevate).
“Andrew has qualified as a Chartered Insurer and Financial Planner in addition to holding separate professional Project, Process and Proposal Management qualifications. He is accredited as a Professional Trustee by the PMI.”
Standard Life Independent Governance Committee chair David Hare says: “Andrew’s appointment adds to the strength and depth of our Committee. He arrives with knowledge and experience of Standard Life through his SLMTC Board membership combined with significant scheme trustee experience.
“While creating a bridge between the two entities, his enthusiastic and collaborative working style is a good fit with the IGC, and his previous executive and consulting work with providers will boost the Committee’s capabilities in the contract-based pensions world. I’d also like to wish both Rona Cameron and Jo Hill all the best in their future roles and thank them for their efforts while serving on the IGC.”
