The Border to Coast Pensions Partnership (BCPP) has announced the appointment of Fiona Miller as chief operating officer, and has appointed two non-executive directors.

Miller, who will take up the role from January 2018, joins from Cumbria County Council where she managed the £2.5bn Local Government Pension Scheme, as well as the treasury, accounting and insurance functions.

She has more than 25 years’ experience in finance across the public and private sectors and has been the driving force behind shaping the BCPP response to the government’s pooling agenda over the last two years. Miller will report to CEO Rachel Elwell and her responsibilities will include BCPP’s financial strategy, as well as oversight of middle and back office for the new money manager.

Together they hope to build a skilled team of around 70 investment and support staff based in a Leeds city centre office, and seek Financial Conduct Authority registration. It is anticipated that BCPP will be ready to start managing money in 2018 on behalf of twelve local authorities, with assets totalling £43bn.

Commenting on her appointment, Miller said: “I am pleased to have been given the opportunity to continue to take a leading role in the next phase of the journey that I started with our partner Funds over two years ago, which was to create a long-term investment driven pool, working solely for the benefit our members, sponsoring employers and tax-payers.”

In addition, Enid Rowlands and Tanya Castell MBE have been appointed as BCPP non-executive directors. Rowlands has a background in change management, organisational transition and development. In recent years she has specialised in governance in the public and not for profit sectors, including four years as a trustee member of NEST.

Castell has a portfolio of NED roles including positions on the boards of Faster Payments Scheme and Scottish Canals. She chairs the Quality Assurance Scheme for the Institute and Faculty of Actuaries and has twice been a pension trustee.

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