Stephen Nichols, chief executive of The Pensions Trust (TPT), has resigned after 12 years at the firm.
According to a statement, Nichols, who has been at TPT since 2002 and has been chief executive since 2007, left the firm this week.
Nichols said: “I’ve greatly enjoyed my time with The Pensions Trust. I will, of course, miss my colleagues, whose support and dedication over the years I have very much valued, however, I’ve no doubt that they will give the same support to my successor.
“Naturally, this was a difficult decision, but I’m sure it’s the right one, both for me personally, and for the organisation. The Pensions Trust is a tremendous organisation, with a great future. I’m sure it will go from strength to strength, and I wish it well.”
TPT trustee chairman Sarah Smart said: “On behalf of the board and his colleagues at the trust, I’d like to thank Stephen for his contribution over the years. Under his stewardship, the trust has grown in size, in expertise, and in the scope of its activities. Stephen has played a significant part in helping us meet the many challenges faced by the pensions sector over recent years, and we wish him every success in his future career.”
The trust said it expected to appoint an interim chief executive until a new CEO can be put in place.
TPT is a multi-employer scheme for the charitable, social, education, voluntary and not-for-profit sectors.
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