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  2. PENSION FUNDS
December 04, 2017 12:00 AM

RPMI signs new CEO

Sophie Baker
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    Philip Willcock was named CEO at RPMI, which manages the assets of the £25 billion ($33.3 billion) Railways Pension Scheme, London, a spokesman said.

    Mr. Willcock will take on the role Feb. 1, replacing Chris Hitchen. Mr. Willcock's hiring completes the firm's restructuring of the executive leadership team. Starting Jan. 1 David Maddison becomes managing director, scheme, where he will lead a function dedicated to supporting the RPS trustees. Mr. Maddison is now deputy CEO. Paul Sturgess will become managing director, pensions business. He will be responsible for RPMI's pension administration business. Mr. Sturgess was a director at Equiniti. Julian Cripps remains in his role as managing director, investment business.

    Mr. Willcock was CEO Aviva Italy. A spokesman for Aviva said in an email that Mr. Willcock left at the end of September and was replaced by Ignacio Izquierdo.

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    December 12, 2022 page one

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