Bruce McNess has represented BESTrustees on our Board since December 2006 – initially as Chairman of the Investment Committee and Interim Chairman of the Trustee Board and subsequently taking on the task of Chairman of the ADB Committee in May 2007. Bruce has now decided to give up his various roles on our Board and concentrate on a well earned retirement. Bruce will be remembered by the rest of the Board for his professional contribution to our activities and his calm assured advice during the many challenging events since Nortel went into administration in January 2009. We wish him well.
Bruce will be replaced by Bob Hymas from BESTrustees who will take on the role of Chairman of the ADB Committee as well as serving on the Buyout Committee. Bob is a chartered accountant and has over 20 years of experience working with pension schemes in various roles including trustee, adviser and auditor. We look forward to working with Bob as we move towards securing ongoing pension benefits for all our members.
Clive Gilchrist will now become the Chairman of the Investment Committee.