LPP Partnership Holding Company Board

Michael O’Higgins

Chairman of LPP Partnership Holding Company Board, Non-Executive Director on LPP Investments Board and Member of the LPP Remuneration and Nomination Committee

Michael O’Higgins is also Chairman of Calculus VCT, the Channel Islands Competition and Regulatory Authorities, and is a Non-Executive Director of the pensions company Hedgehog. 

Michael was Chairman of The Pensions Regulator from 2011 to 2014, Chairman of the Audit Commission from 2006 until 2012 and Chairman of the NHS Confederation from 2012 until 2015. He was Non-Executive Director of HM Treasury and Chair of the Treasury Group Audit Committee from 2008 to 2014 and a Non-Executive Director of Network Rail 2012 to 2018. Michael was also the Chair of the youth homelessness charity, Centrepoint from 2004 to 2011. 

Previously, Michael was a Managing Partner with PA Consulting, leading its Government and IT Consulting Groups, latterly as a Director on its International Board. Prior to that he was a partner at PricewaterhouseCoopers, worked at the Organisation for Economic Co-Operation and Development in Paris and held academic posts at the University of Bath, the London School of Economics, Harvard University and the Australian National University.


Sally Bridgeland

Non-Executive Director and Chair of the LPP Investments Board

Sally is well known in the UK pensions industry, for her thought-provoking views on risk, investment strategy and governance.

She combines investment governance consultancy for Avida International with a number of complementary roles, including Non-Executive Director and Investment Committee Chairman at mutual insurance company Royal London and Trustee at both NEST Corporation and the Lloyds Bank pension schemes. Sally also serves on the Trust Investment Committee of the innovation foundation, Nesta and she became a Trustee of the Nuclear Liabilities Fund in 2017.

Sally was previously the CEO of BP Pension Trustees Limited. Before joining BP, Sally spent twenty years with Aon Hewitt as a pensions actuary and in the investment practice, where she led a number of research initiatives. She was Master of the Worshipful Company of Actuaries 2016-17.

Sarah Laessig

Non-Executive Director and Member of the LPP Audit Committee

Sarah holds a number of board positions across the public and private sectors, which reflect her experience and interest in financial services and technology, data and digital, government, higher education and international development. She is a Commissioner on the Civil Service Commission and the Commonwealth Scholarship Commission. She is a non-executive director of a Hong Kong based financial technology firm, Valoot Technologies Ltd, and sits on the Board of Advisors of a US based technology company, data.world. Sarah previously enjoyed an executive banking career at Citigroup. 

Sarah was recently recognied as one of the 100 Women to Watch in The Female FTSE Board Report 2018, an annual benchmarking report and supplement published bu Cranfield University. 

Jill Mackenzie

Non-Executive Director and Member of the LPP Remuneration and Nomination Committee

Jill embarked on her portfolio career in 2013 and holds a number of non-executive, trustee and chair positions mostly in the pensions arena. She chairs the Judical Pension Board having been appointed by the Lord Chancellor in 2014. She is the Chair of Trustees of the Legal Serviecs Commission Pension Scheme, Chair of the National Assembly for Wales Assembly Members Pension Scheme, and a board and trustee member at Nest Corporation where she is also Senior Independent Director. 

Jill has enjoyed a successful career spanning 25 years focusing on leading organisations in their HR, shared services and organisational transformation activities. She has held senior leadership roles with a range of customer facing private sector organisations including Lloyds Bank, and until 2013 as an Executive Director at Virgin Media where she led internal service delivery.


Susan Martin

Chief Executive

Susan Martin is LPP Chief Executive. Previously she held the role of LPFA Chief Executive from December 2013. Prior to this she was Deputy Chief Executive (2011) and Acting Chief Executive (August 2013) having joined the LPFA in April 2007 as Director of Organisational Development. She has over 30 years' experience across all sectors in pensions, partnerships, mergers, acquisitions, organisational change and business development.

Susan sits on the Pensions and Lifetime Savings Association DB Council, the LGPS Forum and the Investors Committee of the 30% Club, which aims to increase Board diversity. She is a regular speaker, writer and contributor to discussions on pensions, partnership working, leadership and business change in the UK and internationally. Susan has been recognised for her innovative work on asset and liability management and for her successful partnerships with other administering authorities and pension funds by her industry peers, securing the Industry Achievement Award at the Portfolio Institutional Awards 2015 as well as being cited in the top most influential people in pensions and/or women in financial services.


Skip McMullan

Shareholder Non-Executive Director (LPFA) and Chair of the LPP Remuneration and Nomination Committee

Dermot ‘Skip’ McMullan was a Managing Director at Bank of America in a career spanning 28 years prior to becoming an Independent Chair of Trustees. During his career at Bank of America, he was involved with a number of major industries in the UK and globally, including construction, mining, real estate, shipping, and the oil and gas industries. Most recently he was responsible for all the relationships that the Bank had in Europe with other financial and non‑financial institutions. 

His earlier career included the creation of the first PFI company, structuring the financial package and concession for the Dartford Bridge, followed by the larger concession for the Second Severn Bridge and the smaller concession for the Skye Bridge. The latter also involved the buyout of the concession
by the Scottish Executive. Currently, he chairs the trustee boards of the Bank of America UK Pension Plan and the SSVC Pension Plan. He is a Director of the Bank of America Merrill Lynch UK Pension Plan and joined the LPFA board in April 2013. He became Deputy Chair of the LPFA Board in 2017. He is also a Trustee of a number of charities.

Tom Richardson

Chief Risk Officer, Executive Director on LPP Investments Board and Member of the LPP Investments Risk Committee

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. 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 the measurement and reporting of financial 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.

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. At LPP, Tom is also responsible for ICT, facilities and operational and employer risk.

Sir Peter Rogers

Senior Independent Director and Chair of the LPP Audit Committee and Member of the LPP Investments Risk Committee

Sir Peter has more than 19 years’ knowledge and experience of working within the public sector. Sir Peter is currently the Chairman of New West End Company and was previously an advisor to Boris Johnson, Mayor of London, on regeneration, growth and enterprise at the Greater London Authority.

He is a former Chief Executive Officer of Westminster City Council, a former Non‑Executive Director to Liberata and also former Chief Executive Officer of the London Development Agency. Prior to that, Sir Peter worked in the private sector as a Senior Executive in one of the leading national transport operators.

Alan Schofield

Shareholder Non-Executive Director (LCC) and Member of the LPP Remuneration and Nomination Committee

Councillor Schofield was elected to Lancashire County Council in May 2013 and re-elected in 2017. Prior to becoming a county councillor, Alan held senior financial management posts in the Water Services industry at several locations before moving to a local government career in 1992. He served in a metropolitan borough in Greater Manchester and then progressed upward at three local authorities in Cumbria and Lancashire, retiring in 2011. Alan is a life member of the Chartered Institute of Public Finance and Accountancy (CIPFA).

At Lancashire, he is a member of the Pension Fund Committee (now Deputy Chair); and participated from the outset in the high level working party deliberating on, and overseeing, the preparations and approval stages toward achieving the April 2016 establishment of LPP.

Also at Lancashire County Council, Alan chairs the Audit, Risk and Governance Committee. Outside the county council, Alan is a Trustee Director of a Citizens Advice Bureau and a Parish Councillor.


Robert Vandersluis

Non-Executive Director, Non-Executive Director on LPP Investments Board and Chair of the LPP Investments Risk Committee

Robert Vandersluis is the Director of Global Pension Investments at GlaxoSmithKline (GSK), where he manages over £18 billion of investments and a substantial derivative portfolio. At GSK, Robert sits on a number of pension boards, and he provides strategic advice to GSK’s pension fund trustees in Europe, the United States and Japan. Robert established GSK’s London-based pension investment department, where he developed and implemented GSK’s interest rate and inflation hedging strategies.

Robert’s previous roles include senior treasury and corporate finance positions at Affinity Sutton Group and FCE Bank plc. He also served on the board of the Pensions Trust, where he was Deputy Chair of the Investment Committee.

Robert studied economics and public policy at the London School of Economics, the University of Michigan, Cambridge University, and Harvard University’s Kennedy School of Government.

LPP Investments Board

LPP Administration Board

Executive Committee