Michelle Ostermann has been named the new Chief Executive Officer of the Pension Protection Fund (PPF) and is set to assume her role on April 1. Boasting over three decades of experience in pension investment and senior leadership, Ostermann currently serves as the Chair of the International Centre for Pension Management (ICPM), a prominent global pension industry association. She is renowned for her extensive global network and deep knowledge of pension systems. Ostermann has previously held key roles, including Managing Director of Railpen Investments in the UK and, most recently, Senior Vice President and Global Head of Capital Markets at PSP Investments in Canada.
Katherine Easter, the current Chief People Officer, will step in as the interim CEO until Ostermann officially takes over in April. During this transitionary phase, Easter will collaborate closely with the Executive Committee to guide the organization and ensure optimal outcomes for stakeholders. Ostermann's appointment and the interim leadership change reflect the PPF's commitment to maintaining effective leadership and delivering excellence during this pivotal period.
Michelle Ostermann said, “Having long admired the PPF’s astute approach to investing and its profound impact on the UK pension system, as evidenced by its award-winning investment and administration businesses, it is both an honour and a privilege to now contribute to shaping its future. In a pensions industry rife with challenges and opportunities, I firmly believe the PPF is poised to play a pivotal role in defining best practices and reshaping the UK pensions landscape – a prospect I eagerly anticipate diving into.”