Further to the trustee announcement on 15 August, NEST can confirm that its chief financial officer, Richard Lockwood, will also be joining the organisation’s Board.
His term has been agreed with DWP – his appointment started as of 1 September and will run for five years.
Richard’s appointment comes after NEST’s board moved to an unitary Board structure, following the DWP’s Tailored review back in March. The appointment of Helen Dean, NEST’s CEO, meant that the unitary structure took effect as of 1 June.
Richard has been with NEST for over four years. Before that he worked at the Home Retail Group PLC and the airport operator BAA, and has more than 25 years’ experience working in finance.