Robert Branagh was appointed CEO at the London Pensions Fund Authority, London, following a restructure of the management team.
The CEO role has not existed at the £6 billion ($7.5 billion) pension fund since the formation of the Local Pensions Partnership, London, an asset pool set up by the LPFA and Lancashire County Pension Fund in April 2016. LPFA CEO Susan Martin was named CEO of the £17.4 billion pool.
Since then, the London fund has been run by a managing director and a chairman. Mr. Branagh became managing director in 2018, a spokesman said. A management team restructuring led to the recreation of the CEO role, the spokesman added. The managing director title no longer exists.
"Robert's new role reflects the next stage in the LPFA's evolution," John Preston, LPFA chairman, said in a news release. "We have recruited a team of highly motivated colleagues to ensure that our organization continues to deliver value for money, high quality customer service and meet our and LPP's obligations to members and employers. While his day-to-day activities will largely continue, Robert will also lead on developing the LPFA's strategic direction, supporting collaboration across the LGPS sector and raising our profile — particularly relating to our responsible investment and sustainability aspirations — across the industry."