Birthday honours have been awarded to pensions industry giants Mark Boyle and Sara Protheroe in recognition of their “outstanding achievements”.
The Pensions Regulator (TPR) non-executive chairman Boyle has been named a Commander of the Order of the British Empire (CBE) for services to the pensions industry, while Pension Protection Fund (PPF) chief customer officer Protheroe is now an Officer of the Order of the British Empire (OBE) for services to pensioners.
Boyle joined TPR in April 2014 and is set to serve in his role until next year. He has a career spanning banking, FTSE corporate and central government roles, including as a prior chief operating officer at Shareholder Executive, now known as UK Government Investments.
He said: "I am thrilled to have been recognised in this way and would like to dedicate this award to the outstanding group of colleagues, past and present, that I have had the privilege to work with at TPR."
TPR chief executive Charles Counsell added: "[Boyle] has led our board with the right balance of support and challenge, championing our transformation to a clearer, quicker and tougher regulator and being a committed lead on our work to combat pension scams.
"I am delighted for Mark that his dedication to protecting pension savers has been recognised in this way. When his term ends next year, he will leave TPR with a legacy he can be rightly proud of as we move confidently forward to continue building a system that works for savers."
Protheroe, meanwhile, joined the PPF in 2006 as its director of strategy and policy, having previously worked at the Department for Work and Pensions in a role key to the creation of the lifeboat fund. She was appointed to her current role in 2014 and joined the organisation's board in March this year.
She commented: "I am extremely honoured to receive this recognition. Being a pivotal part of creating the PPF is one of my proudest career achievements, and it's been a privilege to work to protect members' futures ever since. The PPF has an important social purpose, and this honour recognises the commitment to that purpose of all those who tirelessly serve our members both directly and indirectly."
PPF chief executive Oliver Morley added: "I would like to congratulate Sara on this well-deserved recognition. We are delighted that Sara's outstanding contribution to the pensions industry has been acknowledged. Her tireless work and efforts have contributed directly to making the PPF successful over the years and helped protect the futures of 425,000 members."
Former TPR HR director Barbara Bush was also made an OBE for services to the pensions industry, diversity, and charity.
Protheroe's husband Andrew Young, an actuary at TPR who also contributed to the PPF's creation, was also made an OBE in 2017.
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