A lot has been written about how to achieve good outcomes for members of defined benefit (DB) pension schemes. A strong employer covenant, well-managed investments...
Read article “Good administration, the backbone of pensions”5 minutes
Brightwell, the end-to-end service provider for defined benefit schemes, is pleased to announce the appointment of two non-executive directors to its Board – Denise Le Gal and Kevin Troup.
Denise will be appointed non-executive Chair responsible for leading the Board and ensuring it meets its collective responsibilities. She will also Chair the Board’s remuneration committee.
Denise is currently the Chair of the Brunel Pension Partnership and the JPM Chase UK Retirement Plan. She was formerly Chair of the Local Government Authority’s Local Government Pension Committee (LGPC). She has also served on the Local Government Pension Scheme (LGPS) Scheme Advisory Board (SAB) from inception to May 2019 and co-Chaired the Local Authority Pension Fund Forum (LAPFF).
Kevin will Chair the Board’s risk, audit and compliance committee (RACC) with responsibility for ensuring robust oversight of Brightwell’s risk management approach and internal controls.
Kevin qualified as a Chartered Accountant in 1993 with Coopers & Lybrand. He started his investment career with Scottish Life before joining Martin Currie Investment Management where he helped launch two Japanese funds, managing an equities fund and co-managing an absolute return fund. He joined Standard Life Investments in 2010, launching a new global equity income product, which he managed.
Now retired, he holds a number of non-executive roles including with Baillie Gifford Shin Nippon plc, TPI Fund Managers Limited, Baring Fund Managers Limited and Kintail Trustees Limited, (the corporate trustee of The Robertson Trust charity).
Commenting on the appointments, Brightwell CEO Morten Nilsson said:
“Denise and Kevin join at the beginning of an exciting period of change for our business as we extend the high-quality services we provide to BTPS to the EE Pension Scheme and look to further leverage our capabilities.
“The appointments of Denise and Kevin as non-executive directors brings fresh perspectives and further strengthens our Board capabilities. I’m very pleased to welcome them.”
Denise Le Gal, Chair designate said:
“I have been hugely impressed by the breadth and depth of skills and experience Brightwell has to offer and look forward to supporting the team in realising its ambitions for the business. Defined benefit schemes face a complex array of challenges and I can think of no better partner for them than the team at Brightwell.”
Kevin Troup, non-executive director said:
“Brightwell has unmatched capabilities in complex defined benefit scheme management. Its track record speaks for itself and I am delighted to be joining just as the business embarks on an exciting new chapter of its story. I look forward to helping the business achieve future success.”
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