The trustee and Railpen boards have appointed Andy Bord as Railpen’s CEO, after the announcement in January of John Chilman’s intention to retire.
Bord will be responsible for the teams that invest about £35 billion ($44.8 billion) of assets and provide administration services for more than 350,000 railways pension schemes’ members and pensioners, as well as the administration of several third-party clients.
Bord is an experienced CEO, having held such roles most recently at Flood Re, and also at Capita Insurance Services and within the private equity sector. He brings a wealth of knowledge, hands-on experience and a passion for customer service, innovation and value. He will move into his new role in October.
Bord said of his appointment, “I believe that good quality pensions can make a really positive impact in the lives of individuals and society. Railpen’s purpose naturally aligned with my own sense of the difference an organization can make in