UK -- The board of the National Association of Pension Funds (NAPF) is to choose a new chairman tomorrow to replace Terry Faulkner whose two-year term will end in May 2005.
“The ballots are coming in,” said NAPF spokesman.
IPE understands that the vote is between Robin Ellison, head of strategic development, pensions, at Pinsent Masons, and Raymond Martin, head of pensions at Scottish & Newcastle plc Pension Plan.
Ellison, who is vice-chairman of the NAPF benefits council, specialises in the development of pensions and related products for insurers and other providers, and in European pensions, pensions trustee law and pensions in matrimonial matters.
Martin is vice-chairman of the Investment Council and is a previous vice-chairman of the European Federation for Retirement Provision (EFRP). Before joining Scottish & Newcastle he was vice-president, compensation and benefits, for Airbus in Toulouse, and he has worked for Rexam, AstraZeneca, ICI Belgium and Guinness in a variety of pension and reward roles.
At Scottish & Newcastle Martin is responsible for reward and pensions globally. He has practical experience in the design, implementation and investment of pension arrangements in more than 30 countries.