By Muskan Arora
Gordon Ross steps down as CIO of £30 billion LGPS Central, a pool of eight local government pension funds in the UK, to pursue the next challenge, as per a news release.
Having worked for over six years, Ross looked after the fixed income allocations as the deputy CIO for the first two years and then moved up to being CIO.
“Gordon has been a fantastic colleague who’s helped build our investment approach and developed a team of investment experts that’s helped us grow into the professional investment management company we are today,” said Joanne Segars, chair of the LGPS Central board, in the news release.
Prior to joining LGPS, Ross worked as a technical sector specialist for the investment team at Financial Conduct Authority for almost a year.
There he looked after short term fixed contract to work setting up parameters of scope, harms and market/sector intelligence for Sector View (previously ‘House View’), including analysis for the recent Asset Management Market Study.
The same press release confirmed Richard Law-Deeks to be stepping in as CEO, early this summer. He previously worked as a CEO of £9.7 billion Royal Mail Pension Plan in London.
Trevor Castledine has also been named as the first chief commercial officer at the pension fund.
Castledine would be leading the engagement with LGPS’ partner funds, central and local government and the broader investment industry.
Currently, Castledine is working as a non-executive director at NEL Fund Managers alongside working as an independent advisor at the South Yorkshire Pensions Authority.
(Image: LGPS Central)