Government-backed workplace pension scheme NEST has appointed four new members to its board, including former Railpen CEO Chris Hitchen.
Clive Elphick, Martin Turner and Mutaz Qubbaj have also recently joined NEST’s board, which sets the strategic direction and objectives of the workplace pension scheme for the next five years. All four have been appointed by the Secretary for Work and Pensions.
Elphick is an independent director of National Grid, and was formerly a board member at the Environment Agency. Turner has a background in financial services, having worked among others for Barclays and Lloyds Bank.
Qubbaj takes on the role in addition to his position at fintech Squirrel while Hitchen is currently chair of £43bn local authority pool Border to Coast.
Otto Thoresen, NEST’s chair, comments on the appointments: “The strength of any board relies on the range of experience and skills it can draw upon. That’s why NEST has looked outside the pension industry and appointed individuals from other sectors, who can bring fresh ideas and new perspectives.”
