Chair – London Pensions Fund Authority
London Pensions Fund Authority (LPFA) is the largest local government pension provider in London. Chairing the organisation is a critical role with senior responsibilities which demand an exceptional individual with a rare combination of knowledge, skills, experience and style. The Chair will lead the board in all its activities including setting strategy and investment allocation and overseeing delivery. The Chair will represent LPFA to all stakeholders nationally and internationally, particularly on climate change.
Chairing LPFA will be hugely rewarding for the right individual. LPFA performs the critical function of ensuring that over a quarter of a million people who have devoted all or part of their working lives to public service in London receive the pensions they deserve and upon which they and their dependents rely. Furthermore, LPFA plays the pivotal role in ensuring that cash-constrained public bodies can focus precious resources on important current services and investing for the future rather than having to repair pension fund deficits. Finally, LPFA is an international centre of excellence in asset and liability management and a leader in sustainable investment and climate change policy. The next Chair of LPFA will have the opportunity to build further on this strong base.
The successful candidate will need:
- experience of chairing in a public sector, corporate or private equity-backed organisation
- stature, gravitas and authority with excellent communication and media management skills
- ability to operate in a political environment, with an understanding of local government and awareness of mayoral priorities
- a track record of delivering ambitious business change with challenging targets
- experience of leading, influencing and motivating senior professional staff and achieving results, either directly or via client/provider relationships
- a broad understanding of the social and economic environment in which LPFA operates and an awareness of the issues, implications and current challenges facing local government, LGPS and more widely the pensions industry
Closing date: 13 August 2019