London CIV, the UK local authority pooling company, has appointed Andrien Meyers into a newly-created role of chief proposition officer as part of its evolving strategy.
Meyers’s appointment is part of the company’s evolving strategy to ensure local authority pension funds and the City of London Pension Fund – which are London CIV member funds – continue to have further choice in using the pool and “cementing a more collegiate” London Local Government Pension Scheme (LGPS) community, it stated.
Meyers – current head of pensions investments at both the London Borough of Sutton and Royal Borough of Kingston upon Thames – has been involved in public life for over two decades. He has held senior positions at a diverse range of London councils, whilst also having senior advisory and non-executive director roles in the investment industry.
In his role at Sutton and Kingston, he has integrated the pensions investment/accounting/governance shared service of the two funds, whilst setting up and implementing several strategies – the most important being investment and governance.
In his new role at London CIV, Meyers will look to work closely with partner funds on proposition development, whilst enhancing the client experience and furthering a collaborative approach in London.
Meyers’s appointment comes at a time when the UK leading political parties are in broad agreement that further LGPS integration across England and Wales is required and, more pertinently, likely to become a directive.
London CIV noted it has pooled more than £30bn in assets and has created over £70m in savings to date.
However, it said that while investment pooling across England and Wales has proved successful over the last decade, there is growing stakeholder consensus that it only forms a single component to a wider strategy required to make LGPS work more efficiently.
Dean Bowden, chief executive officer at London CIV, said: “I’ve worked closely with Andrien since I joined London CIV two years ago and am regularly struck by his in-depth experience of LGPS workings, as well as his strive to deliver more value to its members.
“As we look to provide our partner funds with more choice in how best they can generate further efficiencies, cost savings and value beyond investment pooling, I know Andrien is perfectly situated to help us deliver on this next phase for London’s LGPS community.”
Meyers added: “Having been involved with London CIV since its conception over a decade ago, I am extremely excited to now play a more formal role.
“Given the future direction of the LGPS, the exciting journey the [London CIV] has been through over the past couple of years – now more than ever before London is united and I look forward to collaboratively working with our London funds to be innovative, generate efficiency and do what’s right in the best interests of our members.”
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