The Wales Pension Partnership has appointed Rob Lamb as the organisation’s chief executive as it prepares for the next stage of asset pooling in the Local Government Pension Scheme (LGPS).
Pensions Expert’s sister title LAPF Investments reported today that the pool’s joint committee named Lamb to the role at a meeting held this morning in Pontypool.
It is the first time the pool has had someone in the organisation hold such a role – and follows the news from April that it would be setting up a stand-alone, FCA-authorised investment management company.
This follows the government’s review of LGPS pools and new requirements being placed on the organisations through the Pension Schemes Bill.
A Cardiff University alumnus, Rob Lamb brings with him a wealth of experience, including roles as senior vice president at Partners Group, and as co-founder of Alte and Hedgehog, the latter of which was acquired by Inveniam Capital Partners.
Lamb also holds non-executive director positions at both Expectation State – an organisation focused on increasing private sector investment in emerging states – and at the Development Bank of Wales, where he sits on its investment committee.
The Wales Pension Partnership is responsible for pooling the assets of the eight LGPS funds in Wales, which have just over £25.5bn in assets between them.
A version of this article first appeared on Pensions Expert’s sister title LAPF Investments.
