Scottish Widows appoints independent governance committee chair

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