The Pensions Regulator (TPR) has appointed Ben Gunnee to lead its market oversight division on an interim basis, with the regulator also launching the recruitment process for a permanent appointment.

Gunnee has joined TPR as interim executive director, market oversight, and has more than 25 years of experience in the pension market.

His previous roles include Gresham House head of institutional, Cambridge Associates managing director, commercial officer EMEA, and Mercer Investments partner, head of fiduciary management (UK).

TPR said that, with the Pension Schemes Bill working its way through parliament, Gunnee will continue its transition to a more prudential style of regulation as the industry consolidates.

He will be responsible for the teams that supervise and engage with businesses and trustees in the pensions sector.

Alongside Gunnee’s appointment, TPR has launched a recruitment exercise to appoint a permanent executive director, market oversight, led by recruitment firm Odgers.

Gunnee will take on his new role on 23 February, replacing outgoing interim executive director, Julian Lyne, who joined TPR on an interim basis last April.

Lyne is leaving the position to begin a new role with an investment management firm, following a hand-over period with Gunnee.

“I am delighted Ben is joining us as interim executive director of market oversight,” commented TPR CEO, Nausicaa Delfas.

“His financial services expertise and market knowledge will be invaluable as we focus on the practical implementation of the pension reform agenda and deliver the best possible outcomes for savers.

“I would also like to thank Julian Lyne for his very positive contribution at TPR, and wish him all the best in his new role."

Gunnee added: “I am excited to be stepping into this role at one of the most important times for pensions.

“We have the opportunity to build a resilient and well-functioning defined contribution market, provide security for members of defined benefit schemes and drive stronger governance across private and public sector schemes. TPR’s role in bringing about these changes will be crucial.”

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