Baroness Drake and Mark Condron join The People's Pension trustees
The People’s Pension (TPP) has appointed Baroness Jeannie Drake and Mark Condron to its board of trustees.
The duo joined this month, with chairman Steve Delo also being reappointed for a further three years. Sue Lewis has stepped down after coming to the end of her tenure.
Drake is a former member of the Turner Pension Commission, which recommended the introduction of auto-enrolment (AE), and has also served on the boards of the Pension Protection Fund and The Pensions Advisory Service.
She was also acting chairwoman of Nest forerunner, the Personal Accounts Delivery Authority, and president of the Trades Union Congress.
Condron joins with 30 years' of experience at Mercer, where he acted as a scheme actuary, senior partner, and audit committee non-executive member. He is also an independent trustee of Heineken's Scottish & Newcastle Pension Plan.
Delo said: "I'm delighted to welcome both Baroness Drake and Mark Condron to the board. They each have top-class reputations and will reinforce our high governance standards. The scheme has gone from strength to strength and recruiting trustee directors with complementary skills is an essential part of managing that growth."
Drake added: "AE has been a success in delivering for the public good by getting millions of workers to start saving or saving more. A requirement of that continuing success is that pension funds deliver good quality provision to low and middle earners."
Condron said: "I'm delighted to be appointed as a trustee of TPP at this important time. I am joining a great team, completely committed to helping members build better outcomes in retirement."
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