TPT Retirement Solutions has revealed its updated senior boards as part of a bid to improve its defined benefit (DB) consolidation services.
The move, made in December, came two months after the firm rebranded from The Pensions Trust as part of the same strategy.
Following a comprehensive review, TPT formed a two-tier board, made of a supervisory trustee board which oversees a management board.
The adapted structure is aimed at improving the quality and speed of the firm's decision-making by including professional non-executive directors on the management board.
The sub-group will run day-to-day operations of the firm, which serves 2,400 organisations and 250,000 members, with more than £9bn assets under management.
The supervisory board is made up of nine directors, three employer-nominated directors (ENDs), three member-nominated directors (MNDs) and three co-opted directors. Trustee board chairwoman Sarah Smart will chair the supervisory board.
The group's ENDs are Elizabeth Garner, Colin Small and Jonathan Wheeler, while the MNDs are Frank Shore, Maggie Rodger and Richard Stroud.
The board includes David Robertson, who chairs the management board, and chief executive Mike Ramsey, who sits on both boards.
It also includes: investment committee chairman Mike Balfour; audit, risk and compliance committee chairman Richard Coates; and funding committee chairwoman Wendy Mayall.
Smart said the shake-up would improve its service.
"I am delighted that we have been able to attract such high calibre people to our management board," she said. "This new governance structure will enable us to better serve our employers and members as the organisation looks to its next phase of development."
Mayall added: "I look forward to working with my colleagues at TPT to take the organisation forward in what is an exciting time for the UK pensions industry and the organisation."
The government has confirmed the current interim chairwoman of The Pensions Ombudsman (TPO), Caroline Rookes, will continue the role in a permanent capacity.
The Pensions Management Institute (PMI) has appointed three non-executive directors and an executive director to its board.
Former Financial Regulators Complaints Commissioner Antony Townsend is to become chair of an expanded Determinations Panel at The Pensions Regulator (TPR).
Six members of Ross Trustees’ pension trustee and support teams have been promoted into new roles.