Whitbread group pensions director Lesley Williams has confirmed her intention to retire from the role in 2018.

Williams served in the role for ten years since March 2007 and is to depart from Whitbread on 1 January 2018. She will be replaced by the current Asda senior director for pensions and treasury Steve Jones.

Williams has spent over two decades working in the pensions industry previously head of pensions at Henderson Global Investors from 2003 to 2007 and served in the same role at Pearl Assurance from 1994 to 2002.

She is also the current chairman of the board of the Pensions and Lifetime Savings Association, having been appointed in October 2015. She is to be replaced in this role by PTL managing director Richard Butcher at the PLSA annual conference in October.

Jones worked as a pensions manager at Asda until 2014 and also as a trustee director Premier Foods Pension Scheme.

Whitbread currently holds £2.4bn in group pension assets as of 2 March 2017 according to its latest annual report.

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