Our Team

David Vallery, Chief Executive Officer

"With over 79,000 members and £8bn of assets, LPF 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:

Investment Team 

Bruce Miller, Chief Investment Officer 

"The team administers and manages the assets of the Lothian Pension Fund, so we can of 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."

Pensions & Accounting  

John Burns, Chief Finance Officer 

"Our teams are responsible for financial accounting/reporting, pension administration and looking after employers and members in line with the Local Government Pension Scheme. We’re proud to be accredited by the Pension Administration Standards Association (PASA). We act as a first point of contact for members and employers, produce annual pension forecasts and ensure we have the accurate information needed to pay the right pension to over 30,000 people every month." 

Legal, Risk, Compliance and Governance   

Struan Fairbairn, Chief Risk Officer  

"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." 

People and Communications  

Helen Honeyman, Chief People Officer 

"The People and Communications team is here to ensure our people feel positive about working for LPF and enable them to serve our employers and members effectively and efficiently. The team also has responsibility for our brand, people practices, strategic communications, and colleague, member and employer engagement."  

IT Oversight and Governance  

Anne Mitchell, Head of IT 

"To operate our pension fund efficiently and with control, we need a combination of people, processes, and systems. Our technology oversight and governance functions exist to protect our operations against the risk of disruption from technology failure and to ensure our company and member data always remains secure."  

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