Chief Executive Officer LPP and LPPI
Chief Investment Officer
Chief Financial Officer
Chief Risk Officer
Sally is an actuary with pensions and investment experience both as an adviser and a trustee. She combines consultancy for Avida International with a number of complementary non-executive and advisory roles.
Sally is a Non-Executive Director at insurer Royal London and at Impax Asset Management plc. Until recently she was a trustee at the Lloyds Bank pension schemes and the Nuclear Liabilities Fund.
An Honorary Group Captain with 601 (County of London) Squadron of the Royal Auxiliary Air Force, Sally is also a trustee of the RAF Central Fund. Sally currently serves on the Royal Society’s Advisory Committee on Mathematics Education (ACME) and chairs the Strategic Advisory Board of Loughborough University’s Centre for Mathematical Cognition.
In her Executive career, Sally served as the Chief Executive Officer of BP Pension Trustees Limited having previously spent twenty years with Aon Hewitt (originally Bacon & Woodrow) as a pensions consultant and in investment research and innovation.
In Professional Pensions’ inaugural Women in Pensions awards, Sally was named a Role Model of the Year 2018. She received the Worshipful Company of Actuaries’ Award of Honour in January 2020.
Executive Director on the LPP and LPPI Boards, Chair of LPP and LPPI Executive Committees, and Chair of the LPPI Investment Committee
As Chief Executive of LPPI and LPP Group, Chris leads and oversees c.£22bn of pensions investments, and the administration of pensions for over 609,000 members. Chris originally trained as an investment risk manager and is a Chartered Alternative Investment Analyst. During a period of over two decades, he has managed a variety of investment portfolios and businesses as both a direct investor and as an allocator of capital - forging partnerships with like-minded investors and asset managers. Chris is a trustee at a primary phase multi-academy trust and holds non-executive director positions within the renewables and project finance sectors.
Member of the LPP Investments Audit and Risk Committee
Following an executive career in corporate banking at Citigroup, Sarah is currently a non-executive director at National Employment Savings Trust Corporation (Nest), a director of CG Pension Trustees, a non-executive director of United Trust Bank, and a member of the board of advisors of data.world. Sarah has held public appointments as a civil service commissioner and a Commonwealth scholarship commissioner. She has also been a visiting executive at London Business School.
Sarah was recognised as one of the 100 Women to Watch in The Female FTSE Board Report 2018, an annual benchmarking report and supplement published by Cranfield University.
Richard is CIO at LPPI and has responsibility for management of all investment and client activity.
Richard has over 19 years of investment experience. Prior to joining LPP in 2017, Richard was Head of Portfolio Advisory (EMEA) at Albourne Partners for six years where he advised European investors on alternative investments, portfolio construction and risk management. Earlier in his career, Richard was Head of Multi-Strategy at Old Mutual Asset Managers and prior to this an analyst at GNI Fund Management. Richard holds a degree and a master’s degree in Engineering from the University of Cambridge and is a Chartered Alternative Investment Analyst.
Margaret has over 25 years’ experience in financial services, having worked in investment banking, consulting and asset management sectors. She is currently the chief risk officer at Legal & General Investment Management (LGIM), where she is responsible for the independent oversight of risk and compliance across LGIM’s global operations. She has previously held senior risk roles at asset management firms including M&G Investments, Schroders and First State. She has worked in the UK, Asia and Australia.
In addition to her executive roles, Margaret has held non-executive roles at both Global Prime Partners and the Pension Protection Fund.
Margaret holds a Masters in Applied Finance from Macquarie University, a Graduate Diploma in Applied Finance from the Securities institute of Australia and a BA in Accounting from the University of Canberra. She is also a certified Financial Risk Manager with the Global Association of Risk Professionals.
Martin is also a Member of the LPP Investments Risk Committee
Martin has over 25 years' experience in the banking, asset management and pensions sectors and has worked with the in-house asset management divisions of pension funds in both the UK and overseas, helping to define their strategic plans, set up their operations and governance structures, and implement major change programmes. Martin is currently chief operating officer of BT Pension Scheme Management, and his previous roles include senior management positions with Ashmore, Rothschild, Citigroup and HSBC. Martin has extensive experience in directorships having set up managed corporate entities, collective investment vehicles and special purpose vehicles on an international basis.
Adrian joined LPP in November 2018. With over 30 years of financial services experience, mainly in the asset and wealth management sectors, Adrian has worked at Barclays Capital, JP Morgan Asset Management and Fidelity. Adrian’s recent roles include Finance Director UK at Edmond de Rothschild, Partner and Finance Director at Killik & Co, and CFO at Sarasin & Partners.
Adrian qualified as a chartered accountant while at KPMG and is a fellow of the ICAEW. He graduated from Exeter University with a BA (comb hons) degree in Economics and Statistics.
Malcolm Cooper worked at National Grid for a number of years and since 2007 has held non-executive roles and chaired audit committees at listed businesses across several sectors including CLS Holdings and currently Morgan Sindall, MORhomes and Southern Water. Malcolm’s pensions and fund management experience includes chair of trustees for an £18 billion defined benefit pension scheme and direct responsibility for $10 billion of assets for National Grid (US) pension plans. Malcolm has also been a member of the Listing Authority Advisory Panel (of the Financial Conduct Authority), President of the Association of Corporate Treasurers, and Chair of the Education Committee of the Association of Corporate Treasurers.
Executive Director on LPP Investments Board
Tom joined LPP in July 2016 from the Maple Financial Group, where he spent almost 20 years building his skills in different parts of the business including Operations and Finance. From 2008, he was the Chief Risk Officer (Market Risk), Global, a role that saw him drive the management and communication of Maple’s business line policies within an economic capital framework totalling £400 million.
Tom’s areas of responsibility included capital planning and the measurement and reporting of market risk where he led the design and implementation of risk methodologies, policies and procedures to meet both internal and regulatory objectives, including Value at Risk, Credit Capital at Risk, scenario analysis and stress testing.
At LPP, Tom is also responsible for leadership of LPPI’s operational platform including its risk and control functions.
Tom graduated from Loughborough University with a BSc in Economics and Politics. He also holds a Certificate in Securities from the Chartered Institute for Securities & Investment.