Brightwell, the third-party scheme provider that was formerly known as BT Pension Scheme Management (BTPSM), has appointed Denise Le Gal and Kevin Troup as non-executive directors.
The move follows BTPSM's rebrand to Brightwell and its decision to open up to third-party provision announced today (3 April).
Le Gal joins Brightwell as independent non-executive chair and will be responsible for leading the board and ensuring it meets its collective responsibilities. She will also chair the board's remuneration committee.
She is currently the chair of the Brunel Pension Partnership and the JPM Chase UK Retirement Plan. She was formerly chair of the Local Government Authority's Local Government Pension Committee (LGPC) and has also served on the Local Government Pension Scheme's scheme advisory board and co-chaired the Local Authority Pension Fund Forum.
Troup joins as a non-executive director and will be chair of the board's risk, audit and compliance committee with responsibility for ensuring robust oversight of Brightwell's risk management approach and internal controls.
He was previously a fund manager, starting his investment career with Scottish Life before joining Martin Currie Investment Management where he helped launch two Japanese funds, managed an equities fund and co-managed an absolute return fund. He joined Standard Life Investments in 2010, launching a new global equity income product, which he managed.
Troup currently holds a number of non-executive roles including with Baillie Gifford Shin Nippon, TPI Fund Managers, Baring Fund Managers and Kintail Trustees, the corporate trustee of The Robertson Trust charity.
Commenting on the appointments, Brightwell chief executive Morten Nilsson said: "Denise and Kevin join at the beginning of an exciting period of change for our business as we extend the high-quality services we provide to BTPS to the EE Pension Scheme and look to further leverage our capabilities.
"The appointments of Denise and Kevin as non-executive directors brings fresh perspectives and further strengthens our Board capabilities. I'm very pleased to welcome them."
Denise Le Gal said: "I have been hugely impressed by the breadth and depth of skills and experience Brightwell has to offer and look forward to supporting the team in realising its ambitions for the business. Defined benefit schemes face a complex array of challenges and I can think of no better partner for them than the team at Brightwell."
Troup added: "Brightwell has unmatched capabilities in complex defined benefit scheme management. Its track record speaks for itself and I am delighted to be joining just as the business embarks on an exciting new chapter of its story. I look forward to helping the business achieve future success."
