CHRIS HITCHEN, chief executive of the Railways Pension Trustee Company, has been appointed as chairman of the National Association of Pension Funds (NAPF).
Mr Hitchen, who heads the £18bn industry-wide pension arrangements for the UK's railways, will take over from Robin Ellison, who will step down in May.
Mr Hitchen said: "We need to ensure that retirement provision is deepened, not just widened, and that the fantastic value for money and good governance of the best occupational pension schemes, are built into the savings structures of the future."
The Railways Pension Trustee Company has offices in Darlington and London and runs three trading subsidiaries: Railpen Investments, Pensions Management and the newly-launched rpmi brand.
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