John Chilman has declared his plan to retire from his position as Railpen's Chief Executive in 2025, concluding a six-year tenure in this role. With a longstanding association with the railways pension schemes, John initially joined the Trustee Board in 2007. His contributions include chairing the Investment Committee from 2010 to 2014 and subsequently serving as Chair of the Trustee from 2014 to 2019. Following this, he transitioned into the role of Railpen's Chief Executive.
Throughout his tenure, John witnessed pivotal developments, including the internalization of the Investment Management capability, the establishment of the Fiduciary capability, and a substantial growth in Railpen's assets under management. These strategic moves have been instrumental in ensuring that Railpen continues to provide value for its members, particularly in a landscape marked by escalating regulatory changes and challenges in the pension sector.
Under John's leadership, Railpen has proactively adapted to the evolving needs of its multi-employer scheme, encompassing over 100 legally distinct sections. His efforts have also focused on enhancing the efficiency and quality of Railpen's services, extending member-centered third-party administration services to numerous other schemes. John Chilman's legacy reflects a commitment to sustaining Railpen's scale, efficiency, and adaptability, crucial elements for navigating the dynamic landscape of pension management.
This announcement does not affect John’s position as Chair of the PLSA Policy Board or as a Trustee of the Pensions Policy Institute.