The London Pensions Fund Authority (LPFA) has appointed a new chief executive officer (CEO).

Susan Martin has been the interim CEO since August and was previously deputy CEO.

The LPFA said Martin will focus on delivering change within the organisation and within the wider London Government Pension Scheme (LGPS) if the local government minister so decides.

Martin said: "This is a hugely exciting time to be leading the LPFA. Over the coming months we will pursue a strategy that puts collaboration and the sharing of skills and expertise at the heart of what we do, using our resources to help deliver improvements across the LGPS.

"It is only through this kind of cooperation that we can hope to solve the public sector pensions deficit crisis in the UK."

The LPFA will continue to focus on delivering efficiencies, such as asset and liability management, to provide best value pensions administration for the good of the LPFA and all its partners, as well as on successfully delivering the LGPS 2014 and 2015 Fire schemes, the organisation said.

Edi Truell, LPFA chairman, said: "I am delighted to announce Susan's appointment as CEO of the LPFA, which comes as we prepare for what will be a pivotal year for public sector pensions in the UK.

"Local government minster Brandon Lewis's call for evidence into the future of the LGPS is a once in a generation opportunity to solve real issues and reduce deficits.

"Susan's abilities as a leader, motivator and collaborator make her the ideal person to deliver positive change within the LPFA and to offer our services to help the wider LGPS."

First published 06.01.2014

monique_simpson@wilmington.co.uk