The Pensions Management Institute (PMI) has elected Robert Wakefield as president following its 47th Annual General Meeting (AGM).
Wakefield will chair the PMI's advisory council as well as continue to sit on the board as a non-executive Director (NED).
He 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 he works across a range of clients of varying sizes and from a range of sectors.
PMI's Cook and Lacey stand down from board
Wakefield replaced Sara Cook who stood down by rotation at the AGM following two consecutive terms as vice-president and a member of the advisory council. She has served as a board member since 2020.
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, this means she has also stepped down as a NED on the PMI board.
The PMI’s said it will announce its new vice presidents "in due course".
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.
The board had eight available spaces and had more than eight fellows apply meaning a ballot was required. Those elected to the adviser for their first terms include Anish Rav, Capita Pension Solutions, Duncan Buchanan, Hogan Lovells, Rachika Cooray, LCP, Wendy Davis, Sainsburys, Rosie Lacey, Kier, Charlotte McAusland, Mercer, and Tim Box, LCP.
A further appointment is expected to be made in the coming weeks.
Attending events in person
Ruston Smith remains on as 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, chief executive of the Pensions Management Institute, said: "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.”
Wakefield, added: "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:
