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Nest, the auto-enrolment pension supplier, has appointed former Skipton Constructing Society boss Ian Cornelius as interim chief government following the departure of Helen Dean.
Mr Cornelius will take up his new function on 1 Might 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 function of accounting officer. The board of Nest will run an open course of to nominate a everlasting chief government throughout the course of 2024.
Mr Cornelius has 25 years of expertise in senior government roles with monetary companies manufacturers. His appointment is anticipated to be for a interval of about 12 months whereas a everlasting chief government is recruited and onboarded.
Earlier than serving as interim group chief government at Skipton Constructing Society, he was Skipton’s business & technique director for a decade.
He joins Nest at a time of continued progress and customer-orientated transformation.
Brendan McCafferty, chair of Nest, mentioned: “Ian’s experience and perception shall be very useful 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 every part we do.”
“I wish to thank Helen for her main function over many years in creating after which main Nest as CEO for eight years. Her tireless deal with bettering monetary outcomes for all – together with maybe probably the most underserved in society – will rework the monetary resilience and retirement of thousands and thousands of residents throughout the UK.
“She leaves an unbelievable and long-lasting legacy.”
Mr Cornelius mentioned: “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.
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