Martin Mannion has been elected as the next Chairman of the Investment Council of the National Association of Pension Funds (NAPF).
He is the Director of Finance and Risk for the GSK UK Pension Schemes, and Secretary to the Trustee for the GSK Common Investment Fund.
Martin will replace Ray Martin as Chairman of the Investment Council when his two-year term appointment ends at the NAPF Annual General Meeting in Manchester on 21 October 2011.
The Investment Council is one of the main bodies through which the NAPF develops policies on behalf of its members.
Commenting on his election, Mr. Mannion said:
“I am delighted to have been elected as the next Chairman of the NAPF Investment Council.
“The coming years are going to be crucial for UK pensions with the introduction of auto-enrolment, the rapid evolution of defined contribution and the ongoing changes in defined benefit provision in both the public and private sector.
“The Investment Council is an excellent forum for bringing together views from pension funds and those serving them to shape future policy and practice.
“I would like to thank Ray Martin for his massive contribution, both as outgoing Chair of the Investment Council and for the various other valuable roles that he has performed within the NAPF over the last 17 years.”
Martin Mannion was elected by the 19 members who form the Investment Council. Together with the NAPF Retirement Policy Council, the Investment
Council helps steer the representational work of the National Association of Pension Funds to the Government.
Notes to Editors:
About Martin Mannion:
Martin is the Director of Finance and Risk for the GSK UK Pension Schemes and Secretary to the Trustee for the GSK Common Investment Fund.
He joined GSK in 2002. The UK pension schemes have combined assets of £8.6bn and a total membership of 78,000. Martin is a UK Chartered Accountant. His role includes risk management, vendor management, trustee financial reporting, tax and regulatory compliance.
1. Elections of the new members of the NAPF Retirement and Investment Councils will take place in August 2011. The new members will be announced in September.
2. The NAPF is the leading voice of workplace pensions in the UK. We speak for 1,200 pension schemes with some 15 million members and assets of around £800 billion. NAPF members also include over 400 businesses providing essential services to the pensions sector.
Paul Platt, Head of Media and PR, NAPF, 020 7601 1717 or 07917 506 683. [email protected]
Christian Zarro, Press Officer, NAPF, 020 7601 1718 or 07825 171 446, [email protected]