The Pensions Regulator

The board

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Board biographies

Chair

David Norgrove
 
David's career began at the Treasury, where he started as an economist. His time there included two years on secondment to the First National Bank of Chicago, and he was Private Secretary to Prime Minister Margaret Thatcher from 1985 to 1988.

He joined Marks & Spencer in 1988, holding various senior positions before being appointed to the board in 2000. Whilst at Marks & Spencer, he was chair of the pension fund trustees from 2000 until his retirement in 2004.

In January 2005 he was appointed as the first chair of the Pensions Regulator.

Chief executive

Tony Hobman
 
Tony has held a number of senior appointments within the financial services arena. He spent twenty years with Barclays Bank, holding a number of key roles in marketing, project and change management and customer service.

In 1996 he joined ProShare as head of investor services and was promoted to chief executive in 1999. From 2000 to 2001 he was chief executive of Money Channel plc.

In 2002 he was appointed as chief executive of the Occupational Pensions Regulatory Authority (Opra) and in July 2004 chief executive designate of the Pensions Regulator.

In April 2005 he began work as the first chief executive of the Pensions Regulator.

Non-executive directors

Tony Brierley

Tony is a solicitor and has spent over twenty years in the private equity and venture capital industry.   He was formerly general counsel and company secretary of 3i Group plc, the FTSE100 international private equity business.  As a member of 3i's Management Committee he was responsible for the Group's legal, compliance, company secretarial and internal audit functions world wide.  He now has a portfolio of commercial and public sector non-executive positions.

Laurie Edmans
 
Laurie has had a long career in financial services.

Formerly deputy chief executive of a mutual life insurer and chair of the industry body on pensions, he now has a portfolio of commercial and public interest roles. These include chairing the Safe Home Income Plans group, treasurer of the Family and Parenting Institute, and trusteeship of a pension scheme and of the Quest School for Autistic Children.

He was previously a non-executive board member of the Occupational Pensions Regulatory Authority (Opra).

Ashok Gupta

Ashok has stood down as a member of the Board to devote more time to his business activities.

Alan Pickering
 
Alan joined Watson Wyatt in 1992 having spent the previous twenty years with the Electrical, Electronic, Telecommunications and Plumbers Union where he gained considerable experience in many aspects of employee relations, pensions and personal finance.

He is chairman of the Plumbing Industry Pension Scheme, having been closely involved with the development of many other industry-wide schemes.  In 2005 he became a trustee of the Life Academy (Pre-Retirement Association), assuming the charity's chairmanship in November 2006.

He was a member of the Occupational Pensions Board from 1991 to1997, serving as its deputy chairman during 1993. 

He was chairman of the National Association of Pension Funds from 1999 to 2001. And from 2001 to 2004 he served as chairman of the European Federation for Retirement Provision.

In 2001 he led a review into the simplification of private pension provision. His report, A Simpler Way to Better Pensions, was published in July 2002.

Chris Swinson
 
Chris was formerly senior partner of BDO Stoy Hayward.

He served as a council member of the Institute of Chartered Accountants in England and Wales and was president from 1998 to 1999.

As chairman of the regulation review of the accountancy profession between 1995 and 2000 he managed the development of proposals for regulating the profession, which were then implemented.

He currently works as an expert witness in financial cases.

Caroline Thomson
 
Caroline has worked in broadcasting for 30 years.

She was formerly deputy director of the BBC World Service and since 2000 was director of policy and legal, and then strategy and as such she lead the BBC's bid for a successful review of its charter and is currently negotiating the licence fee settlement.

She is now chief operating officer for the BBC.

She has responsibility for the BBC's policy, legal, strategy, distribution and property functions and all the BBC's major infrastructure projects including digital switchover.

Reporting to the director general, she is a member of the BBC's executive board.

Executive directors

Bill Galvin
 
Bill Galvin is executive director for strategic development at the Pensions Regulator.

Bill was formerly in the Department for Work and Pensions (DWP), where he led on pensions protection policy. Prior to joining DWP, he worked as a strategy consultant at IBM Consulting and in strategy and marketing for IBM Global Services.

In DWP, Bill was responsible for (among other things) the policy framework governing the Pensions Regulator and PPF.

In IBM, Bill held several roles in strategy and marketing in the services business, leading many initiatives in IBM's transformation to a services led company.

As a strategy consultant, Bill helped some of the largest international companies create and deliver value from mergers and acquisitions.

Prior to joining IBM, Bill completed an MBA at Manchester Business School, and has work and consulting experience in pharmaceuticals, banking and publishing.

June Mulroy
 
June is the Pensions Regulator's executive director of business delivery.

This is the core operational function of the organisation, with responsibility for capturing scheme information, mitigating risks to scheme members' benefits and promoting better administration of pension schemes.

An ex-psychologist and chartered accountant, June worked in large corporates and in banking for over 17 years as a dealer/risk analysis specialist and consultant.

Recognising the strong element of change management in all her previous roles, she moved into the NHS and worked in two acute Trusts, one of which was the 'flagship' of the NHS at the time, Chelsea and Westminster Hospital.

Since then June has worked in Switzerland and Paris, the latter being for the UN in UNESCO.

Stuart Weatherley
 
Stuart is the executive director of business support, providing finance, human resources, information technology and facilities services at the Pensions Regulator.

Stuart is an accountant (CIMA) with broad experience of financial and commercial operations in industry at senior management and main board level.

He has also spent many years in management consultancy with Price Waterhouse, working with blue chip and public sector organisations managing change programmes and advising on strategy development and business improvement.

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