Ciarán Barr, Investment Director at RPMI, will leave the company during the first half of 2018. Ciarán joined RPMI in 2009. During his time with the company he has held a number of positions, including Head of Strategy and Investment Director.

Ciarán made important contributions to the investment strategy, design and architecture used by the £28 billion Railways Pension Scheme, including the launch of the multi-asset Growth Pooled Fund in 2010. More recently he was integral to shaping the future of the Investment Business during the Investment Transformation Programme which resulted in greater use of internal management, a significant reduction in costs and the expansion of multi-asset strategies into new funds.

John Chilman, Chair of the Railways Pension Trustee Company Limited, said:

“I, and my fellow Trustee Directors, would like to thank Ciarán for the contributions he has made to the success and sustainability of the Railways Pension Scheme. He has always put the interests of our members and employers first and the Scheme has benefited from his thinking.”

Ciarán said “It has been a privilege to work with the Railways Pension Scheme. There has been substantial change in the investment design and running of the Scheme during my tenure and I believe it is well placed to meet the challenges of coming years. I wish the Scheme, its members and employers all the best for the future.”

Outside of RPMI, Ciarán has recently joined the Board of the Railway Benefit Fund.

Ciaran Barr announcement