UK - The Railways Pension Trustee Company (Railpen) has appointed Chris Hitchen as chief executive following the retirement of Peter Murray.
Hitchen was previously managing director of Railpen Investments, the fund manager of the £13.6bn pension scheme.
A qualified actuary, Hitchen holds a mathematics degree from the University of Durham. He is vice-chairman of the National Association of Pension Funds (NAPF) Investment Council and a member of the NAPF Board. Before joining Railpen in 1998, he was a principal at Aon Consulting, where he specialised in investment consultancy.
Commenting on the appointment, outgoing chief executive Murray said: The promotion of Chris reflects his significant contribution since he joined us in 1998. His fund management and consultancy expertise will help us continue to deliver strong performance and secure pensions for our 350,000 members.
Murray who joined Railpen in 1997 as chief executive will continue as trustee director.
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