Our Team
David Vallery, Chief Executive Officer
Lothian Pension Fund is a major part of the LGPS in Scotland which is of critical importance to the financial well-being to around one in five people in Scotland.
Our members and employers are at the heart of everything we do, and we’ll continually strive to deliver a high-quality pension and investment service to safeguard their retirement. It’s my privilege to lead the talented team of colleagues at LPF, including the investment managers and pension administrators who manage these services, supported by professionals in Finance, Risk, People, Communications and IT."
The senior leadership team structure includes:
Emmanuel Bocquet, Chief Investment Officer
Investment Team
"The team administers and manages the assets of the Lothian Pension Fund, so we can pay members’ pensions during their retiral years. We do this by investing the regular pension contributions of employers and members in a diversified portfolio of assets, including equities, bonds, property and infrastructure.
Most Local Government Pension Scheme funds outsource management of their assets externally. Lothian Pension Fund is unique in Scotland with its own FCA-regulated investment team, so we’re able to manage most asset classes. This results in better alignment of interests and a truly long-term investment focus."
Kerry Thirkell, Chief Risk Officer
Risk & Compliance
"The legal, risk and compliance team manages the core functions of our regulated investment and pensions business, as well as all governance and company secretarial matters. This involves providing strategic advice on the development of our business to the board, and supporting our market leading investment, pension administration and employer teams on the work they do to ensure a best value pensions product."Â
Barry MacLennan, Chief Operating Officer
Operations
"We support members and employers across every aspect of Local Government Pension Scheme administration. Our highly trained, professionally qualified teams deliver clear guidance and excellent service at moments that matter most. We share pension information through multiple channels and are proud to be accredited by the Pensions Administration Standards Association (PASA).
We’re committed to continually improving the customer experience by expanding digital self‑service options, simplifying the complexity of pensions, and working in productive partnership with employers to meet their individual needs. Our people, processes, communications and systems work together to ensure the fund operates efficiently and with control, underpinned by robust technology governance that protects against disruption and keeps member and employer data secure."