Television presenter Naga Munchetty presents the accolade to PIC's Tracy Blackwell. Image: Getty Images
Pension Insurance Corporation chief executive Tracy Blackwell has been unveiled as the winner of the Bold Woman Award 2024 by Veuve Clicquot, the longest-running international accolade honouring the most impressive women in business.
Blackwell was recognised for co-founding and helping to grow PIC into a FTSE 100-sized business that pays the pensions of 350,000 people. The judges noted PIC's asset portfolio of £50bn – with more than £13bn invested in UK infrastructure, including the UK's largest urban regeneration project in the Wirral.
The Bold Woman Award ceremony, which was held last week at London's Royal Opera House, celebrates outstanding achievements by inspirational women with a proven track record of institutional and personal success.
Commenting on the award, Blackwell said: "Despite its fundamental importance to the future welfare of millions of people, not to mention the infrastructure we fund, the pensions industry flies beneath the radar much of the time. So to be recognised with such a prestigious award will help to raise the profile of this crucial industry.
"Through our investment in UK infrastructure, we have the potential to change the country over the next decade, also bringing a measure of intergenerational equity as we back the pensions of older people with the infrastructure and housing needed by younger, and future, generations. In achieving this award, I hope I can inspire the next generation of game-changing, bold female entrepreneurs."
The Bold Woman Award is a modern evolution of Veuve Clicquot's Business Woman Award, which has been running since 1972. It celebrates women who emulate the qualities of Madame Clicquot, an original trailblazer who, back in 1805, took on her husband's wine business when widowed at age 27, and turned it into a thriving enterprise.
