SCOTTISH WIDOWS APPOINTS INDEPENDENT GOVERNANCE COMMITTEE CHAIR Scottish Widows hasappointedBabloo Ramamurthy as the Chair of its Independent Governance Committee, which was established in May last year to act on behalf of customers contributing into the company’s group pension products. Babloo has an extensive background in pensions, and is currently a non-executive director with RPMI, the financial services company delivering investment and pensions administration services to the Railways Pension Scheme, together with a wide range of other clients. He also serves aschairman of the B&CE Group, which operates The People’s Pension. Babloo gained an extensive and diverse international experience and perspective in the consultancy field after nearly 35 years with Towers Watson, where he headed the EMEA Region and was on the firm’s Global Executive Committee. Ronnie Taylor, Pensions and Investments Director at Scottish Widows said: “We are delighted to announce the appointment of an individual with the experience of Babloo as the independent Chair of our Independent Governance Committee. Babloo has been working with the Scottish Widows Board to confirm the remaining appointments to our committeeand these are also now in place.” -ENDS- For further information please contact: Kevin Brown Senior Media Relations Manager Lloyds Banking Group 07500 910904 0131 6555369 [email protected] Notes to editors: • Scottish Widows was founded in 1815 as Scotland’s first mutual life office and is one of the most recognised brands in the life, pensions and investment industry in the UK • Committee members Independent Chairman Independent Member Independent Member Independent Member Provider Nominated Member Provider Nominated Member Mr Babloo Ramamurthy Mr John Howard Mr Mark Stewart Ms Tilly Ross Mr Ronnie Taylor Mr Iain McGowan
© Copyright 2024