The Merchant Navy Officers Pension Fund (MNOPF) has appointed Bob Hymas as chief financial officer.
The newly-created role will see Hymas take overall responsibility for leading the financial and risk management operations.
Hymas, who will continue to be based in Leatherhead, Surrey, has worked at MNOPF since April 2011 as risk and internal audit manager, responsible for implementing and monitoring MNOPF’s risk framework. Prior to this, he was a partner at Baker Tilly. He is also chairman of the Pensions Research Accountants Group (PRAG) and is responsible for developing guidance for pension scheme financial reporting.
MNOPF chief executive Andrew Waring said: “Bob is a knowledgeable member of the team and was heavily involved in supporting MNOPF in completing the buy-in transaction with Rothesay Life in 2012. He brings a wealth of experience and his support to the Trustees will prove invaluable as we continue to develop our financial and risk management strategy and prepare the Old Section for buy-out. His appointment is part of the Trustees’ continued commitment to maintaining a successful and sustainable financial framework for the benefits of its employers and members.”
Hymas added: “This is an exciting time to start my new role at MNOPF. The continued changing economic environment has presented many challenges for all pension schemes and I’m looking forward to working with the trustees, to help develop a financial strategy enabling them to provide the best possible outcomes for employers and members.”
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