People moves: UK’s pensions regulator adds to board

The Pensions Regulator (TPR) – Three new appointments have been made by the UK’s Department for Work and Pensions (DWP) to TPR’s board.

Torsten Bell, minister for pensions, has appointed TPR’s executive director, market oversight, Ben Gunnee to the board, alongside new non-executive directors Tracey McDermott and Chris Hitchen.

They join the board at a pivotal time with the Pension Schemes Act 2026 set to significantly reshape the market with a focus on scale, value and good outcomes for members, while the Pensions Commission has recently published its interim report setting out the key challenges facing the system, ahead of its final recommendations in 2027.

Following a consultation, TPR plans to publish a refreshed five-year strategy next month, setting out the principles and outcomes that will drive its work in this rapidly evolving landscape.

Association of Member Nominated Trustees (AMNT) – Lewis Brown has been appointed as vice chair. He will work alongside current co-chairs Maggie Rodger and John Flynn to help ensure that the interests of scheme members remain central to government and regulatory thinking.

Brown has worked with Transport for London (TfL) since 2006 in a range of roles and has served as a member-nominated trustee for the TfL Pension Fund since 2010. He chairs the audit and risk committee and sits on both the operations and investment committees.

He became a member of the AMNT in 2020 and joined the AMNT management committee in 2025. He takes a particular interest in the ESG aspects of investment management, and in how trustees can balance sustainability considerations with their fiduciary duties to members.

Nomura Asset Management – The firm has appointed James Fouracre as head of UK institutional, based in London and reporting to Douglas Stewart, head of distribution EMEA.

Fouracre will lead the firm’s UK institutional distribution strategy, driving growth, and strengthening client and consultant engagement to deliver solutions-oriented expertise.

He joins from Ruffer, where he served as head of defined contribution before his role expanded to encompass global consultants’ strategy and the firm’s global retirement offering. Prior to this, Fouracre held senior global and regional distribution roles at HSBC Asset Management.

Invest Europe – Sander Slootweg, managing partner and co-founder of Forbion, has been appointed chair of Invest Europe for 2026-2027. In addition, Valentina Franceschini, senior partner at Wise Equity SGR, and member of the Mid-Market Platform, was named chair-elect.

Slootweg brings extensive experience in venture capital and private markets leadership at a time when “Europe’s competitiveness, innovation capacity and strategic resilience increasingly depend on a thriving private capital ecosystem”, the organisation stated. He succeeds Elias Korosis, global investment partner at Federated Hermes Private Equity.

Invest Europe has also elected the following as board directors, each serving a three-year term:

• Filippo Cardini, TowerBrook – Global Private Equity Platform
• Jose Maria Munoz, MCH Private Equity – Mid-Market Platform
• Carolina Espinal, Harbourvest Partners – Limited Partner Platform
• Daniela Couto, BioGeneration Ventures – Venture Capital Platform

And serving a one-year term:

• Ingrid Teigland Akay, Hadean Ventures – Venture Capital Platform

Schroders Capital – The asset manager’s private debt and credit alternatives (PDCA) team has recruited Bob Paterson as head of European asset-based finance (ABF) and significant risk transfer (SRT) investments, a senior leadership position within the securitised product and asset-based finance (SP&ABF) business, reporting to Michelle Russell-Dowe, co-head of PDCA and global head of SP&ABF.

In this newly created role, Paterson will lead the origination and execution of European, UK and Australian ABF as well as SRT transactions. As a senior investment leader on the SP&ABF team, based in London, he will also oversee European and UK asset-backed securities activity.

Paterson brings more than 25 years of experience in the UK, Europe and the US, with a strong track record in origination, distribution and capital raising across complex structured credit strategies. He joins Schroders Capital from Manulife CQS Investment Management, where he played a key role in building the firm’s ABF platform and supporting the growth of its SRT franchise.

Aptia – A provider of pension administration, consultancy and actuarial services, has appointed Wendy Neller as senior consultant to enhance its expertise across pension scheme operations, governance and regulatory strategy – including within the Local Government Pension Scheme (LGPS).

Neller brings more than 26 years of experience in the pensions industry, spanning administration, governance, strategy and regulatory oversight. Her previous roles included being responsible for governance, strategy and administrative arrangements for the East Sussex Pension Fund, as well as pension administration for East Sussex Fire Authority.

In 2020, Neller joined TPR as the sole technical principal in relationship supervision (now market oversight). She led engagement with key pension schemes, administrators and industry stakeholders, collaborating on cross-functional initiatives to enhance engagement with administrators and trustee firms.

In her new role at Aptia, Neller will support clients across a range of pension arrangements, with a focus on enhancing governance and risk frameworks, driving operational efficiency, and ensuring regulatory readiness. She will also contribute to Aptia’s engagement with the LGPS market, drawing on her extensive experience in LGPS governance, administration models and operating structures.

Keyridge Asset Management – Joe Riddaway has been appointed as head of institutional sales, UK. In this newly created role, he will lead Keyridge’s institutional distribution strategy across the UK, focused on building and deepening relationships with pension funds, consultants, insurers, and other institutional investors. He will be based in London.

Riddaway brings extensive experience in institutional sales and client relationship management. He joins Keyridge from ODDO BHF Asset Management, where he was responsible for business development in the UK & Ireland, and global consultant relations.

IFRS Foundation – Trustees of the IFRS Foundation’s nominating committee have asked International Accounting Standards Board (IASB) vice chair Linda Mezon-Hutter to serve as acting chair, while the foundation seeks a successor to Andreas Barckow when his term ends on 30 June 2026.

Mezon-Hutter has extensive leadership and standard-setting experience, having held senior positions in the financial sector and served as the chair of the Canadian Accounting Standards Board before being appointed to the IASB in 2022.

The committee initiated the search to find the next leader of the IASB in October 2025 with support from an executive search firm. The recruitment has progressed well and is in the final stages, it announced. The committee expects to conclude the hiring process with a new chair in place by 1 October 2026.