John Chilman will retire as the chief executive of Railpen, the UK Railways Pension Scheme’s investment manager, in 2025 after six years in the role.
Chilman has had a long relationship with the railways pension schemes and Railpen, having joined the trustee board in 2007, chaired the investment committee from 2010 to 2014 and then became chair of the trustee from 2014 to 2019, before moving into the Railpen chief executive role.
During his tenure, Chilman oversaw the internalisation of the investment management capability, the development of the fiduciary capability and a growth in Railpen’s assets under management.
According to Chilman, some of his highlights at Railpen include: “Defining a clear purpose that has galvanised the diverse operations across Railpen; the strong funding position delivered; the improvements made to the day-to-day support we provide members and pensioners; and more.”
This announcement does not affect John’s position as chair of the PLSA Policy Board or as a trustee of the Pensions Policy Institute.
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