LGPS Central Welcomes Richard Law-Deeks as CEO

LGPS Central Limited, the asset manager overseeing £30 billion for eight local authority pension funds across the Midlands, has announced the appointment of Richard Law-Deeks as its new CEO. Richard brings extensive experience in pension fund management, investments, and LGPS, currently serving as the CEO of the Royal Mail Pension Plan. His career began in local government, where he held positions in pensions and broader finance roles at Hackney Council and Hertfordshire County Council.

With a background rich in pension fund management and LGPS expertise, Richard Law-Deeks assumes the role of CEO at LGPS Central Limited. His leadership aims to build upon the achievements of the past five years, leveraging his experience to collaborate with Partner Funds, the Board, and LGPS Central's team to chart and execute the Pool's future direction. This strategic visioning occurs in the context of the Government's consultation response in 2023, indicating a pivotal juncture for the organization.

Richard Law-Deeks' appointment as CEO of LGPS Central Limited, slated to commence in early summer pending regulatory approval, underscores the Pool's commitment to driving its mission forward. With a proven track record and a depth of experience spanning various sectors, he is poised to steer the organization towards continued success, working closely with stakeholders to navigate the evolving landscape of pension fund management and investment strategies.

Richard currently serves as the CEO of the Royal Mail Pension Plan, where he oversees the in-house Trustee Executive team. Prior to this role, he held positions in corporate finance at Marsh & McLennan Companies and fulfilled various roles within the Local Government Pension Scheme. Richard is an active member of the DB Committee of the Pension and Lifetime Savings Association (PLSA) and also serves as a Trustee for a small DB scheme affiliated with a charity. Additionally, he is a qualified accountant.

Source: LGPS Central