Murray for CEO

Peter Murray, Unilever's UK nat-ional pensions manager is to take up post as chief executive of Railpen, the railworkers' pension fund, with assets of £10.5bn.

Murray is also due to become the chairman of the National Association of Pension Funds where he is currently vice president.

Murray will replace David Adams, who is leaving Railpen to become director of the Chartered Institute of Public Finance and Accounting. No decision has yet been made about Murray's replacement at Unilever .

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