Pensions

UK’s £1tn pensions body names new CEO

The Pensions and Lifetime Savings Association, the voice for the UK’s pension scheme sector, has picked a new chief executive to succeed Joanne Segars, who stepped down at the end of June.

The PLSA said in April that Segars, who led the lobby group from October 2006 and has been named several times as one of FN’s most influential women in finance in recent years, would be leaving her post.

At the time, it said that its commercial services director Julian Mund would take on some of her duties pending the appointment of a full-time successor.

In a statement today, the PLSA confirmed that Mund, who joined in September 2013 having previously spent 16 years at the Chartered Institute of Public Finance and Accountancy, will take on the role permanently from August 1.

The group credited Mund as being “instrumental in growing the organisation’s commercial income by 29% and improving the overall quality and breadth of the PLSA’s offering”.

The appointment comes in a year of senior-level change for the PLSA, whose chairman Lesley Williams is to step down in October to be replaced by Richard Butcher, managing director at PTL, a provider of independent trustee services.

Explaining the decision to install Mund in the top executive role, Williams said: “As an organisation that speaks about the importance of good governance, we considered who would be the most appropriate fit for the role as well as consulting our strong succession plans, and Julian’s appointment is a result of those. He has successfully led the PLSA team during a very uncertain time, ensuring stability and the continuity of our work.”

Mund said in a statement: “As chief executive, I want us to champion and focus on the areas that matter most to our members, and help us to provide a strong foundation for people’s retirement income. The PLSA has a dedicated and extremely capable workforce, and I am really looking forward to us driving the organisation forwards.”

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