By Muskan Arora
Gordon Ross
steps down as CIO of £30 billion LGPS Central, a pool of eight local government
pension funds in the UK, to pursue the next challenge, as per a news release.
Having
worked for over six years, Ross looked after the fixed income allocations as
the deputy CIO for the first two years and then moved up to being CIO.
“Gordon has been a fantastic colleague who’s helped
build our investment approach and developed a team of investment experts that’s
helped us grow into the professional investment management company we are
today," said Joanne Segars, chair of the LGPS Central board, in the news
release.
Prior to
joining LGPS, Ross worked as a technical sector specialist for the investment
team at Financial Conduct Authority for almost a year.
There he looked
after short term
fixed contract to work setting up parameters of scope, harms and market/sector
intelligence for Sector View (previously ‘House View’), including analysis for
the recent Asset Management Market Study.
The same
press release confirmed Richard Law-Deeks to be stepping in as CEO, early this
summer. He previously worked as a CEO of £9.7 billion Royal Mail Pension
Plan in London.
Trevor
Castledine has also been named as the first chief commercial officer at the
pension fund.
Castledine
would be leading the engagement with LGPS’ partner funds, central and local government
and the broader investment industry.
Currently, Castledine is working as a non-executive director at NEL Fund Managers alongside working as an independent advisor at the South Yorkshire Pensions Authority.
(Image: LGPS Central)
