RPMI today announces that Michelle Ostermann has taken the personal decision to resign from her position as Managing Director of Railpen Investments and will leave the business in early 2021.

Michelle’s responsibilities will be managed on an interim basis by the Investment Executive Committee, reporting directly to John Chilman, CEO.

Michelle steps down from her current position on 1st January and will remain employed by RPMI until the 31st May 2021.

Commenting on the news, RPMI CEO, John Chilman said:
“We wish to thank Michelle for the valuable contribution she has made over the past two years. Having joined us as our first Chief Fiduciary Officer in January 2019 she brought together a number of teams while overseeing the development of our Fiduciary Strategy.
“More recently as MD, Investments at RPMI, Michelle built a high-quality leadership team with a clear vision and strategy that will continue to successfully invest on behalf of our members. We wish her the very best in her future career.”
The business will provide an update on its permanent succession plan in due course.