The London Pensions Fund Authority (LPFA) has promoted its managing director, Robert Branagh, to the recreated role of chief executive officer.
Branagh, who joined the LPFA as managing director in April 2018, was previously president of the Pensions Management Institute.
The LPFA has recreated the role of chief executive officer as part of a structural change which has also seen it hire a new management team.
The authority had hitherto been run by a managing director and chairman, John Preston without a chief executive after the departure of the previous CEO, Susan Martin, who left in 2016 to join the Local Pensions Partnership.
The appointment follows the hiring of LPFA’s management team, including Peter Ballard, director of funding and risk, Morenike Ajayi, commercial and finance director and Alistair Peck, member engagement and communications.
John Preston, LPFA chairman, said the new role reflected the next stage in the LPFA’s evolution. “While his day-to-day activities will largely continue, Robert will also lead on developing the LPFA’s strategic direction, supporting collaboration across the LGPS sector and raising our profile – particularly relating to our responsible investment and sustainability aspirations – across the industry,” Preston added.