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Railpen appoints CEO

by Piyasi Mitra
9 July 2024
Edmond de Rothschild AM hires DACH’s head of distribution
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The Trustee and Railpen Boards have appointed Andy Bord as Railpen’s CEO, succeeding John Chilman who announced his retirement in January 2024.
Resuming his new role in October 2024, Bord will be responsible for the teams that invest assets and provide administration services for over 350,000 railways pension schemes’ members and pensioners, as well as the administration of several third-party clients.

Railpen acquires 50% of green energy firm AGR Power

Bord comes with experience as a CEO at Flood Re, Capita Insurance Services, and within the private equity sector. He commented: “Good quality pensions can make a positive impact in the lives of individuals and society. Railpen’s purpose naturally aligned with my sense of the difference an organisation can make in the lives of the members it serves.”

Christine Kernoghan, chair of the RPS Trustee Board, Mike Craston, chair of the Railpen Board, and Alison Burns, chair of the remuneration and nominations committee, led the search process.

Thanking John Chilman for his leadership of Railpen, Kernoghan commented: “It was clear throughout the search process that Andy not only had the skills and experience needed to pick up the baton from John, but shared the Trustee Board and Railpen colleague’s passion for great member retirement outcomes.”
Craston added: “Andy’s commitment to the customer throughout his career aligns perfectly with Railpen’s ongoing purpose to ‘Secure our members’ future’.”

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