UK - Myra Kinghorn is to step down as Chief Executive of the Pension Protection Fund (PPF) in the spring, the PPF board has announced.
The government appointed Kinghorn as the first chief executive of the PPF in June 2004. She was previously a non-executive director of the Serious Fraud Office and a member of the OPRA board.
Kinghorn said: “I have thoroughly enjoyed the challenge of overseeing the creation of the Pension Protection Fund. “Now that the infrastructure and processes are in place, and we have completed the first year of operation, I feel that after almost two years of involvement the time is right for me to step down and hand over the reins to someone who can build on our successes to date.” Pension Protection Fund Chairman, Lawrence Churchill, added: “On behalf of the Board of the Pension Protection Fund I would like to thank Myra for her commitment, enthusiasm and hard work in the crucial set up phase.” By Daniel Flatt
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