The Lothian Pension Fund has appointed David Vallery as chief executive officer.

Vallery is an experienced financial executive, having worked most recently at Police Mutual Assurance Society as chief financial officer. Prior to this, he was managing director of a UK private wealth business and CFO of an Australian Insurance Group. Effective from 21 June, Vallery has succeeded Doug Heron, who will remain in place until the summer to support a smooth transition, following his decision to leave the fund in order to take up a similar role overseas.

Redington has announced appointments to two newly-created senior sustainable investment roles.

Paul Lee has been appointed as head of stewardship and sustainable investment strategy, while Anastasia Guha has been appointed global head of sustainable investment. Both roles were newly-created and commenced on 1 June, following the firm’s recent commitment to align its default client investment advice with the goal of reaching net-zero carbon emissions by 2050 at the latest. Prior to joining Redington, Lee was head of corporate governance and stewardship at Aberdeen Asset Management, having worked as an independent consultant for the last three years. Guha, meanwhile, brings over 15 years’ experience to the role, joining from Principles for Responsible Investment (PRI), where she was director for Northern Europe, Middle East and Africa.

Clara Pensions has appointed Chris Roberts as chief technology officer.

In his new role, Roberts will be working to develop the providers technology platform as it moves towards its first transactions later in 2021, subject to The Pensions Regulator assessment. He has over 20 years’ IT experience, and joins the firm from the Money and Pensions Service (Maps), where he held the role of chief technology officer. During his time at Maps, Roberts was responsible for their technology strategy and roadmap, building a cloud-based approach and working alongside the pensions dashboards team.

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