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25 November 2020

Pensions Management Institute announces new appointments to Board

The Pensions Management Institute (PMI) today announces the appointment of three new non-executive directors and an executive director to the PMI Board.

Alan Whalley, has been co-opted from the Advisory Council as a Non-Executive Director and appointed Chair of the Board. Alan has previously served on the Board of PMI since 2016. A Fellow of the PMI, Alan has also successfully been re-elected to the PMI’s Council to serve a second term. Alan was first co-opted onto the Advisory Council in 2015.

Chris Parrott, has been co-opted from the Advisory Council as a Non-Executive Director. Also a Fellow of the PMI, he has been on the PMI Council since 2013, and is in the middle of serving his second term. Chris is currently Head of Pensions & Benefits at Heathrow Airport Holdings.

Ruston Smith, has been externally co-opted onto the Board as a Non-Executive Director. Ruston has over 30 years experience in the UK and international pension fund and investment industry. He is an experienced Chair and Non Executive Director for companies including JP Morgan Asset Management, Tesco Pension Fund, Tesco Pension Investment Ltd, PTL Limited, Standard Life Master Trust, Smart Pension, The People's Pension and GroceryAid. He is the Co-Chair of the DWP Automatic Enrolment Advisory Board and in the past has been Chair of the Pensions and Lifetime Savings Association (PLSA).

Anjan Bose, has been appointed Finance Director and appointed on to the Board as Executive Director. He is a very experienced and qualified accountant, having worked for much of his career in the UK and abroad for a global professional services organisation. Most recently, he led a global finance transformation, having had several years’ experience of leading multiple operational and commercial finance teams.

The board has one more place for an external co-option and are looking for a candidate to appoint in the coming months.

Gareth Tancred, CEO, PMI, said: “We are delighted to welcome Alan, Chris, Ruston and Anjan on to the Board. Each has a wealth of experience which will be invaluable to our leadership team as we continue to work on our goal to encourage high standards of governance and management across the UK pensions industry.”

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Last update: 25 November 2020

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