Railpen, fiduciary and investment manager of the £34 billion railway pension schemes, has announced that Stu Blackett, chief financial officer and an executive director, stepped down yesterday and will retire in April 2024.
Maura Sullivan has been appointed as his successor and assumed the role of Executive Director on the Railpen Board starting January 8.
Stu has worked for Railpen since 2001 and, in recent years, focused on supporting transformation.
Maura has sat on the Railpen Board as an independent non-executive director since 2022. She has over 25 years of experience in Finance, including most recently as Deputy Group CFO at Quilter plc.
During her career, Maura held CFO and executive director roles for 12 years at Credit Suisse UK Private Bank and Credit Suisse Asset Management Ltd, the UK arms of the global Credit Suisse International Wealth Management divisions. Maura has also held leadership positions at Morgan Stanley and JP Morgan Chase.
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