British Airways: Change of Chair of the NAPS Trustee

7 February 2023

British Airways (BA) has announced that it has appointed PSGS Trust Corporation Limited, replacing Roger Maynard as Chair of the NAPS Trustee.

Roger Maynard has chaired the NAPS Trustee since his appointment in October 2020. Roger has overseen several important milestones and innovations for NAPS during his tenure. Most notably, these included the delivery of a pioneering outsourced chief investment officer (OCIO) partnership with BlackRock, navigating the Scheme through the unprecedented circumstances caused by the COVID-19 pandemic, and the completion of the 2021 actuarial valuation.

Roger leaves the Scheme in excellent health. The Trustee Directors would like to express their gratitude for his significant contribution to the Trustee Board and their appreciation for Roger’s dedication and commitment to achieving the best outcomes for Scheme members.

PSGS Trust Corporation is an independent trustee and will be represented on the NAPS Trustee Board by its CEO, Wayne Phelan. Wayne brings with him a wealth of experience across a wide range of schemes, having started his career as a professional trustee 30 years ago. The NAPS Trustee Directors look forward to working with Wayne to continue to develop and implement the Scheme’s strategy and deliver planned service enhancements to members.

Source: Airways