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Railpen strengthens board with two independent non-executive directors

by Piyasi Mitra
16 September 2024
Railpen strengthens board with two independent non-executive directors
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Railpen, the pension manager of the UK rail industry, has appointed Busola Sodeinde and Sue Amies-King to its board as independent non-executive directors.

Both bring extensive experience and knowledge across sectors like investments, wider financial services and service sectors.

As well as founding her own educational technology business, Busola holds several non-executive director roles and chair positions including trustee governor of the audit and risk committee for the Church Commissioners, chair of the audit committee for TR Property Investment Trus, and the people and culture committee for the Scouts Association.

Busola advocates for diversity, promoting minority female leaders and the value it brings to engagement and better decision-making.

Sue has led multiple large-scale transformations as a senior executive, managing director, and CEO within both the financial services and utilities sectors. She is a non-executive director at Aviva Investors and Hastings Insurance, where she also chairs the risk and conduct committees respectively.

“Illiquid premiums don’t come easy”

Commenting on their appointment, Mike Craston, Railpen Board Chair, said: “We are entrusted with the pension savings of 350,000 members from within the Rail industry, and to do that we must bring skill, experience, challenge, and a passion for great member outcomes to all our board discussions and decisions. Busola and Sue’s experience and knowledge will add to the diversity of thought on the Railpen Board which is vital to ensuring we deliver on our purpose to secure our members’ future.”

Sue Amies-King said: “Railpen works to support the future aspirations of so many working within the rail industry, and I am delighted to be able to support that and bring my experience to supporting the business and the members it represents.”

Busola Sodeinde added: “Railpen is a purpose-driven organisation that is all about people. They are leading in how they innovate to achieve this purpose both operationally, and in terms of societal impact, which resonates greatly with me.”

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