Lifestyle Article - Robert Wakefield elected as President of the PMI

The Pensions Management Institute (PMI) is pleased to announce the election of Robert Wakefield as its new President following its 47th Annual General Meeting on 25th July 2023.

 In his new role, Robert will Chair the Advisory Council as well as continue to sit on the Board as a Non-Executive Director (NED). Robert is currently Head of Pensions Administration at First Actuarial and has worked in the UK pensions sector for over thirty years in a variety of roles including pensions administration, actuarial and scheme secretarial including positions with Mercer, and Barnett Waddingham. At First Actuarial, Robert works across a range of clients of varying sizes and from a range of sectors.

 Sara Cook, having served one term as President, following two consecutive terms as Vice-President and a member of the Advisory Council, and serving as a Board member since 2020, has stood down by rotation at the AGM. Sara has been an excellent ambassador of the institute over her many years of service and the Board would like to thank her for everything she has done for the PMI.

 Rosie Lacey, Pensions Manager at Kier, has stood down in her role as Vice-President having reached the end of her first term on the Advisory Council and has therefore stepped down as a NED on the PMI Board. Announcements of the PMI’s new Vice Presidents will follow in due course.

 Both Christine Kerr and Ian Wright, having served one term on the Advisory Council have decided not to stand again for a second term and have therefore stood down by rotation. Chris Parrott, having reached the end of his second term on the Advisory Council has stood down by rotation at the AGM. Chris also stepped down as a NED on the PMI Board. We thank Christine, Ian and Chris for their support, guidance, and advice during their terms.

 For this year’s election, we had 8 available spaces and had more than 8 Fellows apply meaning a ballot vote of members was required. We are therefore pleased to announce that Anish Rav, Capita Pension Solutions, Duncan Buchanan, Hogan Lovells, Rachika Cooray, LCP, Wendy Davis, Sainsburys, Rosie Lacey, Kier, Charlotte McAusland, Mercer, Tim Box, LCP have been successfully elected from our Fellow members to the Advisory Council for their first terms. A further appointment is expected to be made to the Council in the coming weeks.

 Ruston Smith remains Chair of the Board for a further year as agreed by the Board in May 2021 as part of his three-year term.

 Gareth Tancred, CEO of the Pensions Management Institute, comments: “As the PMI continues in its goal to encourage high standards across the UK pension industry, the role of the President is crucial. That is why we are delighted that Robert Wakefield has been elected as our 26th President. Robert’s experience and expertise will make him an excellent ambassador for the PMI, and we very much look forward to continuing to work with him in his new role. I would also to thank Sara Cook, with whom I have worked closely for a number of years, for her dedication and commitment to the PMI.”

 Robert Wakefield, President of the Pensions Management Institute, comments: “I’m thrilled to have been appointed as President of the PMI. The Institute does fantastic work championing education and sharing best practices within the pensions industry. My priorities for my term as President include supporting younger members to become more involved in the PMI. After long periods of only virtual meetings during the pandemic, I also want to encourage all our members to attend our events in person to help build connections and share knowledge within the industry.

 “I very much look forward to continuing working with my fellow Honorary Officers and the rest of the Advisory Council.”

 Ruston Smith, Chair of the PMI Board, comments: “The pace of change in pensions continues to increase as do the expectations on professionals in our industry. The role of the PMI in supporting, informing, and equipping trustees and pension professionals to develop and grow has never been more important. I’m looking forward to working with the board, our new NEDs and the team to implement our strategy, adapt to the new regulatory changes and continuously improve all we do to meet the future needs of our members and the industry.”

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