A change to the Chair of the Board also announced
Two new trustees – including a new Chair of Trustees – have been appointed to the board of the Aviva Master Trust.
Elizabeth Renshaw-Ames has been named as the new Chair. She was the former Trustee CEO of the HSBC UK pension scheme and is the current Chair of the Management Board of Barnett Waddingham LLP. She was previously a Senior Partner at Mercer, where her last role was UK Head of Client Management. Elizabeth is a Fellow of the Institute of Chartered Accountants in England and Wales.
Colin Richardson from PTL, who has been Chair of the Aviva Master Trust since its inception six years ago, will remain as a Trustee of the Aviva Master Trust.
In order to further strengthen the Aviva Master Trust, Tilly Ross will also be joining the Trustee Board. Tilly was a Non-Executive Director (NED) of the Pensions Regulator until the end of April 2020. She is Independent Chair of Electricity Pensions Ltd and has also previously been NED of The Pensions Advisory Service as well as Global Head of Pensions at National Grid PLC. Tilly is a Fellow of the Institute of Actuaries.
Both Elizabeth and Tilly were appointed following an extensive recruitment process utilising the executive search firm, Hoffmann Reed.
Colin Williams, Managing Director, Workplace Savings & Retirement at Aviva, said:
“I am delighted to announce that Elizabeth will be leading the Trustee Board for the Aviva Master Trust. I’m looking forward to working closely with her in further developing and enhancing the Master Trust.
“Tilly also brings a wealth of experience and skills and will be a great addition to the Trustee Board.
“Colin Richardson has played a key role in growing and establishing the Aviva Master Trust as a leading Master Trust in the UK, and I am pleased that he will remain on the Board and work with Elizabeth, Tilly and the other Trustees.”
Elizabeth Renshaw-Ames said:
“Core to my career in pensions for over 20 years is my passionate belief that excellent governance delivers positive outcomes for members and value for all stakeholders.
“In an evolving marketplace for Master Trusts, and at this uniquely challenging time for employers and their workforce, I am delighted to work with my fellow Trustees and colleagues at Aviva to lead the further enhancement of the Master Trust.”
Tilly Ross said:
“I’m very much looking forward to working with the other Trustees and Aviva at an important time in the development of Master Trusts.”
For more information about the Aviva Master Trust please visit the website.
-ENDS-
Media Enquiries
Ben Moss
Corporate and Workplace
-
Phone
-
07827 832 395
-
-
Email
Notes to editors:
- We are the UK's leading diversified insurer and we operate in the UK, Ireland and Canada. We also have international investments in India and China.
- We help our 19.2 million (as at 31 December 2023) customers make the most out of life, plan for the future, and have the confidence that if things go wrong we’ll be there to put it right.
- We have been taking care of people for more than 325 years, in line with our purpose of being ‘with you today, for a better tomorrow’. In 2023, we paid £25.6 billion in claims and benefits to our customers.
- In 2021, we announced our ambition to become Net Zero by 2040, the first major insurance company in the world to do so. We are aiming to have Net Zero carbon emissions from Aviva’s operations and supply chain by 2030. While we are working towards our sustainability ambitions, we recognise that while we have control over Aviva’s operations and influence on our supply chain, when it comes to decarbonising the economy in which we operate and invest, Aviva is one part of a far larger global ecosystem. There are also limits to our ability to influence other organisations and governments. Nevertheless, we remain focused on the task and are committed to playing our part in the collective effort to enable the global transition. Find out more about our climate goals at www.aviva.com/climate-goals and our sustainability ambition and action at www.aviva.com/sustainability
- Aviva is a Living Wage, Living Pension and Living Hours employer and provides market-leading benefits for our people, including flexible working, paid carers leave and equal parental leave. Find out more at https://www.aviva.com/about-us/our-people/
- As at 31 December 2023, total Group assets under management at Aviva Group were £376 billion and our estimated Solvency II shareholder capital surplus was £8.8 billion. Our shares are listed on the London Stock Exchange and we are a member of the FTSE 100 index.
- For more details on what we do, our business and how we help our customers, visit www.aviva.com/about-us
- The Aviva newsroom at www.aviva.com/newsroom includes links to our spokespeople images, podcasts, research reports and our news release archive. Sign up to get the latest news from Aviva by email.
- You can follow us on:
- X: www.x.com/avivaplc
- LinkedIn: www.linkedin.com/company/aviva-plc
- Instagram: www.instagram.com/avivaplc
- For the latest corporate films from around our business, subscribe to our YouTube channel: www.youtube.com/user/aviva
