The People's Pension Trustee
The People’s Pension Trustee is responsible for running the scheme and for looking after all the pots of money held by the scheme. Incorporated on 30 May 2012, the Trustee Board is made up of the following individuals.
Mark Condron - Chair of the Trustee
Mark joined the Board in 2020 and was appointed as Chair of the Trustee Board in October 2022. Mark is a professional trustee and actuary and has over 30 years’ pensions experience covering all aspects of investment, funding, governance and administration. During his earlier career Mark held a number of senior positions with responsibility for pensions advisory and pensions administration businesses. In his advisory work he has helped many large UK pension funds and companies on all aspects of pension provision, and now serves on a number of UK trustee boards, investment committees and pension scheme governance committees. He is a Fellow of the Institute and Faculty of Actuaries and an Accredited Professional Trustee.
Baroness Drake CBE - Trustee Director
Baroness Drake sits in the House of Lords as a Labour peer. She is a former member of the Turner Pension Commission, which recommended introducing auto-enrolment. She was also on the Board of the Pension Protection Fund, the Board of The Pensions Advisory Service, and was Acting Chair of PADA, the forerunner to NEST. She has more than 30 years’ experience in the trade union movement, including as President of the Trade Union Congress (TUC) and was a member of both the Equality and Human Rights Commission and the Equal Opportunities Commission.
David Maddison
David is an independent trustee who has 40 years of pensions industry experience. He worked with RPMI Ltd (now Railpen) where he fulfilled a number of senior operational and governance roles. He chairs The People’s Pension Risk, Administration and Communications Committee, has had a number of non-executive roles and is a Department for Transport nominee on two railway pension schemes, one of which he chairs.
Emma Osborne
Emma’s pension experience includes having been Chair of a defined benefit scheme and currently a trustee director of the Church of England Pensions Board and the BBC Pension Scheme where she is Senior Director and chairs the Investment Committee. Previously, Emma’s career had mainly been in institutional investment management, including positions as Head of Quantitative Investment Management and Derivatives for Credit Suisse Asset Management and as Chief Investment Officer for the international assets of the Chubb Corporation, a US insurance company.
Chris Fagan
Chris is an independent Accredited Professional Trustee and investment specialist with more than 30 years of pensions industry experience. In addition to his role at The People’s Pension Scheme, he is a trustee of one other pension scheme. Before his appointment by The People’s Pension Scheme, he was a Trustee of the Towers Watson Pension Scheme and worked in Willis Towers Watson’s Investment Advisory and Fiduciary Management Teams. He has also led the internal Investment Team at a major UK pension fund.
Dr Sheila Doyle
Sheila is a senior Technology executive with more than three decades of experience in executive and board positions across organisations including Deloitte, BP, Norton Rose Fulbright, IBM, and Deutsche Bank. She is a specialist in delivering transformational change through the application of innovative digital solutions. As well as her extensive experience in professional services and other sectors Sheila also serves as a non-executive director for both NHS Supply Chain and London Ambulance Service. Sheila consulted in Hong Kong, Singapore, and Australia for the Financial Services and Manufacturing sectors. She served as a non-executive director on the board of Companies House and was also a member of the Audit Committee.
Vicky Paramour
A trained pensions actuary, Vicky has over 25 years’ experience in the pensions industry and a decade of experience as a professional trustee. She has worked with a range of schemes, both defined benefit and defined contribution, across a variety of different sectors supporting them on their individual journeys. She has rich experience in pensions which includes governance solutions, scheme design, funding and investment strategy review work, and member engagement. Prior to joining The People’s Pension Scheme, Vicky was Managing Director at the Law Debenture Pensions Trusteeship and Governance business as well as previously working in a number of consulting roles at EY, WTW and Hymans Robertson.
Conflict of Interest Policy
The People’s Pension Trustee adheres to our Conflict of Interest Policy
The policy ensures that the Trustee always prioritises the needs of our members when making decisions. It helps us identify and manage situations where the Trustee might have a personal interest that could influence its judgment.
This keeps our decision-making process fair and transparent, building trust with our members.
Understand our approach to conflicts of interest
Learn more about how we ensure The People’s Pension Trustee acts in the best interests of our members. See our Conflict of Interest Policy for more details.