LGPS Central, the LGPS pool for eight local authority funds in the Midlands has appointed former Royal Mail CEO Richard Law-Deeks as its new CEO.
Law-Deeks, who will has had previous stints in local authority finance roles will take over at LGPS Central this summer, subject to regulatory approval. He replaces Mike Weston, who left the pool in May 2023.
Having led Royal Mail since 2018, Law-Deeks spent the early part of his career in local government in pensions and wider finance role at Hackney Council and Hertfordshire County Council.
Richard Law-Deeks said: “I am delighted to be coming back to work with the LGPS with LGPS Central. While there are challenges ahead, there are also opportunities, and I am excited to be helping to deliver cost savings and superior investment returns for our Partner Funds which in turn can have a positive impact on public finances and services in the Midlands.”
He was welcomed by LGPS Central chair Joanne Segars: “We’ve achieved much over the past five years, but there’s much more for us to do. Now is a critical time for LGPS pooling. Richard’s experience of pensions and the LGPS and his focus on partner funds will help deliver the right investment opportunities and cost savings and steer our further success and growth.”
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