Nest has appointed former Skipton Constructing Society boss Ian Cornelius as interim chief govt following the departure of Helen Dean, CBE.
Mr Cornelius will take up his new position on 1 Could 2024 following a brief handover interval from Helen Dean who leaves Nest on 30 April.
He may even be part of Nest’s board and tackle the position of accounting officer. The Board of Nest will run an open course of to nominate a everlasting chief govt throughout the course of 2024.
Mr Cornelius has 25 years of expertise in senior govt roles with monetary providers manufacturers. His appointment is predicted to be for a interval of about 12 months whereas a everlasting chief govt is recruited and onboarded.
Earlier than serving as interim group chief govt at Skipton Constructing Society, he was Skipton’s industrial & technique director for a decade.
He joins Nest at a time of continued development and customer-orientated transformation.
Brendan McCafferty, chair of Nest, stated: “Ian’s experience and perception will likely be very priceless as we construct on our achievements and speed up our purpose-driven plans that put our low to center revenue members on the coronary heart of all the pieces we do.”
“I want to thank Helen for her main position over many years in creating after which main Nest as CEO for eight years. Her tireless concentrate on enhancing monetary outcomes for all – together with maybe probably the most underserved in society – will remodel the monetary resilience and retirement of tens of millions of residents throughout the UK.
“She leaves an unimaginable and long-lasting legacy.”
Mr Cornelius stated: “I’m excited to be becoming a member of Nest because it continues to develop. The organisation has a singular and purposeful place within the sector and I’m wanting ahead to supporting the following section of its future.”
Helen and Ian will work collectively throughout a brief handover interval earlier than she leaves on 30 April.
Nest presently invests £39bn on behalf of its 13 million members, making it one of many UK’s largest pension schemes.