The Pension Protection Fund today (Wednesday) announced the appointment of Oliver Morley as its new Chief Executive, joining in March 2018. Oliver will join the PPF from the DVLA where he has served as Chief Executive since 2013. |
Pension Protection Fund Chairman, Arnold Wagner, said:“I am delighted someone of Oliver’s calibre has decided to join the PPF. He brings to the role proven leadership skills, recognised success in engaging with stakeholders and a strong focus on the needs of customers. We have a proven team at the PPF and his leadership will ensure that the PPF enters the next phase of its development well placed to continue to protect the millions of people in the UK who belong to defined benefit pension schemes.”
Oliver Morley said:‘‘I am really looking forward to taking up my new role, and am excited to be leading the PPF into what is an incredibly important next chapter. The PPF plays a fundamental role in the pensions’ landscape, protecting the retirement savings of millions of people; that mission is one that strongly attracted me to this role. The PPF is now an organisation with over £30 billion in assets and over 250,000 members and I will ensure that these members, as well as the schemes across the UK that pay the levy, are well served.”
The appointment follows a process launched after Alan Rubenstein informed the Board in July 2017 he would be stepping down in early 2018. Oliver Morley will officially take up the post on 19 March 2018.
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