Cranston steps down as NAPF director general
UK – David Cranston, director general of the National Association of Pension Funds (NAPF), is to step down from his position at the end of this year after 18 months in the job.
A spokesperson for the NAPF says that Cranston’s decision to leave reflects the intense nature of the work he has been doing since he took the job on. “Cranston has overseen many changes and developments in the pensions industry in the UK as well as in the NAPF itself and as such feels that he has achieved more or less everything he set out to achieve. He now simply wants to take a step back,” the spokesperson comments.
Says Cranston: “I have thoroughly enjoyed the past 18 months with the NAPF. Pension provision in the UK has never held such a high profile and the NAPF has played a key role in the debate.”
Jenny Rosser has agreed to become acting director general of the NAPF until a full replacement is found.
Rosser spent over 40 years working in pensions at British Airways, where she ended up as managing director of its pension schemes and secretary of the board of trustees.
She is no new comer to the NAPF, having been chairman of the NAPF West London group.