Richard Butcher who is the managing director at PTL, a professional independent trustee firm, will succeed Lesley Williams as the new chair of the Pensions and Lifetime Savings Association.
Ms William's two-year tenure ends at the PLSA Annual Conference in Manchester on 20 October 2017.
With a career that spans more than 30 years in the pensions industry, Mr Butcher commented on his appointment: “I am proud and humbled to be appointed as chair of the PLSA and to succeed Lesley Williams. Lesley is a great chair and a champion of the pensions industry."
Ms Williams said: “It has been both a pleasure and a privilege to act as chair for the PLSA and I am very pleased to hand over this unique role to someone of Richard’s experience and calibre. Richard and I have worked closely together on the Board of the PLSA for some years now and I know his knowledge and insight will be a considerable asset to the organisation."
The PLSA is currently looking for a chief executive to replace Joanne Segars who recently stepped down after 10 years in the role to take up a portfolio career.