David joined the Standard Life IGC as Independent Chair in April 2019, and has been the Independent Chair of the Phoenix IGC since 2015.
He has over 30 years of experience in the UK insurance industry. He qualified as an actuary in 1988 and has held various actuarial, marketing and financial risk management roles in a number of life insurers, including five years as Chief Actuary, UK & Europe at Standard Life. From 2012 to 2017, he was a partner at Deloitte, specialising in actuarial audit and review work, including providing Independent Expert reports to the Court on the policyholder impact of five different inter-company transfers of insurance business. Having returned from Deloitte, he now holds a number of non-executive roles with UK insurance companies.
David was President of the Institute and Faculty of Actuaries (IFoA) from June 2013 to June 2014. Prior to becoming the President-Elect of the IFoA in June 2012, he was a non-executive member of the then Board of Actuarial Standards of the Financial Reporting Council (from January 2010). He was a member of the Independent Project Board that oversaw the ABI’s audit of the legacy pension schemes identified by the OFT in 2013 as being at risk of being poor value for money, whose December 2014 report included a number of recommendations for IGCs to follow.
Ingrid has been an Independent Member of the Standard Life IGC since 2015, and joined the Phoenix IGC as Independent Member in April 2019.
She is an independent professional trustee and investment specialist with Capital Cranfield Pension Trustee Ltd, after 30 years’ experience of pension fund investment, including 25 years working at Hermes Investment Management for the BT Pension Scheme and other third party clients. She now has a portfolio of trustee roles, acting as Sole Trustee, Chair of Trustees, and Co-Trustee encompassing large and small DB/DC arrangements in both commercial and not-for-profit organisations, bringing extensive and in-depth investment expertise to trustee boards and their Investment and DC sub-committees. Ingrid is a Fellow of the Chartered Institute for Securities and Investment and a member of the Associate of Professional Pension Trustees.
Sheila joined the Standard Life IGC as an Independent Member in April 2019, and has been an Independent Member of the Phoenix IGC since 2015.
She is an experienced independent non-executive director. Sheila left private legal practice in 2009 to pursue a management career in industry and undertake non-executive appointments. Her first assignment was with Ignis Asset Management, to work on the merger of two asset management businesses within the Phoenix Group.
Sheila is currently Group Vice-Chair of the Wheatley Group and Chair of Wheatley Solutions. Her other non-executive appointments include the Accounts Commission, Scottish Building Society, Council of the Chartered Banker Institute and Lowther Homes Limited.
Mike joined the Standard Life IGC as an Independent Member in April 2019, and has been an Independent Member of the Phoenix IGC since 2017.
He has worked in the insurance industry with an involvement in pensions for over 40 years, both with insurance companies and employee benefit consultancies.
Mike was, until recently, Chair of Mobius Life (and remains on the Board of the holding company), a platform for occupational pension scheme assets, and a non-executive director of Forester Life. He was a partner of KPMG and led the development of their Insurance Consulting practice. Mike also served, until recently, on the boards of Lloyds Bank’s insurance businesses, including Scottish Widows.
Michael has been an Employee Member of the Standard Life IGC since 2015, and joined the Phoenix IGC as an Employee member in April 2019.
He joined Standard Life as a trainee actuary in 1986 and has held a number of management positions during his career. Prior to his retirement in July 2019, he was the business sponsor for the Pensions Transformation Programme, a director of Standard Life Trustee Company Limited, and also the trustee chair of the ABI staff pension scheme
n addition to his IGC role, Michael is the independent chair of the Royal Blind charity.
Mike joined the Standard Life IGC as an Employee Member in April 2019, and has been an Employee Member of the Phoenix IGC since 2015.
He is a qualified actuary who has been with the Phoenix Group for almost 30 years, having originally joined Britannic Assurance. His current role is focused on strategy and planning within the life companies of the Group and supporting various projects including those related to integrating businesses acquired by the Group.
Mike previously worked in Finance and was responsible for financial planning and forecasting. He also has experience in product development and a variety of projects including some of the Group’s early acquisitions and restricting and activities and therefore has a broad experience across the business.