SEI has appointed Steve Rumbles as an independent trustee for its master trust.
Rumbles will oversee the operation of SEI’s master trust alongside other trustees, including Helen Brumby from Capital Cranfield.
Prior to his appointment, Rumbles (pictured) worked as an independent consultant and before that spent more than a decade as head of DC at Blackrock.
SEI head European institutional solutions Ashish Kapur said: “Steve’s experience of working with very large and complex pension schemes, and his in-depth understanding of their requirements will be invaluable in helping SEI to further develop the controls and processes which govern these customised arrangements.”
Rumbles added: “I am delighted to be appointed as an independent trustee to the SEI master trust. As the master trust market in the UK grows, it becomes more important than ever that their boards have the skills and experience to deliver appropriate levels of oversight. I look forward to working with the other trustees and the participating employers to the benefit of members.”
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