Royal Mail Pension Trustees has announced Chris Hogg as its new chief executive.
He will replace outgoing chief executive Gerry Degaute, who has announced his decision to retire at the end of May.
Hogg, who has worked for Royal Mail Pension Trustees since 2009, is currently head of funding at the scheme. He was closely involved with the ‘pension solution’ concluded last year, which resulted in the government taking on the historic liabilities of the Royal Mail Pension Plan (RMPP).
Prior to joining Royal Mail, Hogg spent more than five years as a consultant at Aon, until 2005, and then more than three years in a similar role at KPMG. He is a fellow of the Faculty of Actuaries.
RMPP trustee chairman Joanna Matthews – who joined in September – said: “Chris’s skills and experience will ensure a consistently high level of service to the trustee board and allow for a seamless transition.
“The trustee board would also like to thank Gerry Degaute very much for his 25 years of service to the scheme, a period that has seen many significant developments and changes to the plan, culminating in the pensions agreement last year.”
In an interview with portfolio institutional in September last year, Degaute outlined the trustee’s plans for the fund following the pension solution.
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