Michael Goy and David Maddison of Railways Pensions Management, Darlington, England, were promoted to new positions as part of an overall restructuring of the pension plan's management structure, said spokeswoman Jessica Gooch. Mr. Goy, former managing director of pensions management, was named deputy chief executive in charge of Railpen Investments, which runs Railpen's %A3;14.5 billion ($25.6 billion) in pension assets, and Pensions Management, which handles the administration of the plans. "The aim is to unite the administration side with the investment side to work together more uniformly," Ms. Gooch said. Mr. Maddison will become client services director of both operating subsidiaries, a role that "pulls together not only the administration aspect, but also service issues," Ms. Gooch said. Neither Mr. Goy's nor Mr. Maddison's former positions will be replaced.