BORDER TO COAST PENSIONS PARTNERSHIP APPOINTS THREE NEW NON-EXECUTIVE DIRECTORS
Border to Coast Pensions Partnership (“Border to Coast”), one of the largest public sector pension pools in the UK, has appointed three new members of its Board – Andrew November, Councillor John Holtby and Councillor Jeffrey Watson. Two existing non-executive directors, Enid Rowlands and Sue Ellis, have also announced their decision to retire from the Board.
Chris Hitchen, Chairman of Border to Coast, said, “Our three new Non-Executive Directors will give us a wealth of insight and experience as Border to Coast, a customer owned and customer focussed organisation, continues to deliver for our Partner Funds. I would also like to thank Enid and Sue for their huge contribution over the last [two] years. It’s in no small part due to their support and guidance that we have achieved what we have in such a short space of time.”
Councillor Doug McMurdo, Chair of the Border to Coast Joint Committee and of Bedfordshire Pension Fund (LGPS) said, “These appointments demonstrate the ongoing close connection between Border to Coast and its twelve local government owners as it delivers on its purpose to deliver sustainable investment returns.”
Border to Coast believes in the benefits of diversity of thought and is a member 30% Club’s Investor Group. Whilst the gender balance on the Board will fluctuate over time, after these changes it will consist of three women and four men, with one vacancy left to fill.
New Director Profiles
- Andrew November will be Chair of Audit Committee and a member of the Board Risk Committee. He has spent over 25 years in asset management, most recently as the Global Chief Operating Officer, Distribution at Aberdeen Standard Investments. He also served as the Chief Investment Officer for Scottish Widows Investment Partnership. He holds a MSc in Applied Economics from University of California at Santa Cruz, USA and a BA in Chinese and Economics from University of Leeds.
- Jeff Watson will be a member of Audit Committee. He is a councillor in Northumberland and is the Chair of Northumberland County Council Pension Fund. He previously had a varied career in the private sector working for a range of companies including Johnson & Johnson, Unilever and Sara Lee. He also served five years as a magistrate and 11 years in the reserve armed forces.
- John Holtby will be a member of Remuneration and Nomination Committee. John is a councillor in East Riding of Yorkshire Council and is the vice-chair of the East Riding Pension Fund. He is an arable and livestock farmer on the farm where his family has farmed since 1890. He has an MA (Hons) in Land Economy from Magdalene College, Cambridge.