The Pensions Management Institute (PMI) has reappointed Lesley Alexander as its president with effect from its 45th Annual General Meeting on 29 July.

Alexander, who is currently a director with ZenZero Consulting and has previously served in roles at Ferrier Pearce and the HSBC Bank Pension Trust, will remain chair of the Advisory Council as well as in her board position as a non-executive director.

The organisation also confirmed that, unlike previous years, there would be no new appointees added to its Advisory Council, although Tesco Pension Fund chair, Ruston Smith, was announced as the new chair of the PMI board.

Smith replaces Alan Whalley, who will remain as a non-executive director for a further year.

Meanwhile, PMI confirmed that Smart Pension director, Tim Phillips, will step down from his role as a non-executive director, with his replacement named as De La Rue group pensions manager, Rosie Lacey, who has also been elected as a new vice president.

PMI stated that Barnett Waddingham principal, Sara Cook, will also remain in her role as a vice president for a further year.

Finally, Institute and Faculty of Actuaries senior corporate lawyer, Sarah Drummond, was appointed to the PMI board as a non-advisory council fellow co-opted non-executive director.

PMI CEO, Gareth Tancred, commented: “As the PMI continues in its goal to encourage high standards across the UK pension industry, the role of president is crucial. That is why we are delighted that Lesley Alexander remains our president of the institute.

“Lesley’s wealth of experience and expertise has been invaluable in the past year. The president is the principal ambassador for the Institute, and we very much look forward to continuing to work with her.”

Alexander said: "As the pensions industry continues to battle challenges from coronavirus pandemic and the economic uncertainty it has created, I am delighted to continue to support the PMI as it aims to help guide the industry through these unchartered waters. I very much look forward to continuing working with my fellow honorary officers and the rest of the Advisory Council.”

Smith commented: “With the challenges facing the pensions industry growing by the day, the role of the PMI in supporting, informing, and equipping trustees and pension professionals to carry out their roles has never been more important.

“I’m excited to working with the PMI team to continue its excellent work, raising professional standards across the UK through its wide range of activities, courses and events.”

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