The Pensions Infrastructure Platform (PiP) has named Tony Poulter as its new chairman.
Poulter (pictured) joins the infrastructure-focused investment manager from PwC, ending a 28-year term at the firm as global head of consulting. Before that he was the group’s head of project finance.
He is also a senior independent director of the Green Investment Bank and has a non-executive seat on the Department of Transport’s board.
Poulter replaces Joanne Segars, who will now focus on leading the Pensions and Lifetime Savings Association.
The new chair was selected due to his infrastructure investment experience, which stretches across three decades.
PiP was established in 2011 by UK pension funds with an initial target of investing £2bn in UK infrastructure. It still has another £1bn to invest before hitting that marker.
Poulter said he joined PiP to get more pension money into UK infrastructure. “There is a huge need, we have a clear focus and the right structure in place,” he added. “I am very much looking forward to working with the board and the team to deliver more benefits through this important sector of the economy.”
PiP founding investor and chair of Railpen Investments Paul Trickett believes Poulter is the right person to take the fund forward.
“Tony’s appointment marks the next step in PiP’s development as it grows in scope and scale, using infrastructure to benefit not just pension funds but also wider society,” he said.
