Railpen Board

  • Phil Willcock

    Chief Executive

    Phil is the CEO of the Railways Pension Trustee Company and its operating subsidiaries, RPMI and Railpen Investments.

    Phil joined the business in 2018 having spent the previous 24 years in Financial services at Aviva Plc. Phil brings significant General Management experience to RPMI. He served as a Country CEO in both Europe and Asia and he held a range of senior appointments in the UK across Life, Pensions and Healthcare lines of business. Prior to his overseas roles, Phil sat on the Board of Aviva’s UK Life business, the largest business unit in the Aviva Group, where he served as Sales and Marketing Director, Chief Operating Officer and MD and Chairman of UK Health.
  • John Mayfield

    Trustee Non-Executive Director

    John worked as the British Railways Board’s Chief Internal Auditor and then as Finance Director at the British Rail Property Board until he retired in 1993. He is a past president of the Retired Railway Officers’ Society and was a member of the 1994 Pensioners Section Pensions Committee from 1994 to 1996. John was appointed as a director of the Railways Pension Trustee Company in 1996.

  • Paul Trickett

    Chairman, Non-Executive Director

    Paul is an independent Non-Executive Director of RPMI Railpen. Paul holds non-executive positions in investment management and insurance firms. Paul led the Global Portfolio Solutions group in EMEA at Goldman Sachs Asset Management. Prior to his GSAM role, Paul was Head of Towers Watson’s Investment Practice for the EMEA region, and at an earlier stage in his career he was Chief Executive of the British Coal Pension Scheme.
  • Karl Sternberg

    Non-Executive Director

    Karl joined the Railpen board in September 2014. He graduated from Oxford with a degree in PPE and was previously a UK fund manager at Morgan Grenfell, and then CIO of the firm’s newly-acquired Australian business. He returned to the UK to hold a series of global investment roles at Deutsche Asset Management.

    He established Oxford Investment Partners in 2006 with three Oxford colleges to provide multi-asset fund management.

    Karl has been a Trustee of Whitbread Pension Scheme. He is a Director of JP Morgan Income and Growth, Lowland Investment Company, and the Monks Investment Trust. He is a non-executive director of FTSE-100 insurer Friends Life Group.

  • Angelien Kemna

    Non-Executive Director

    Angelien joined the Railpen Board in January 2015. Angelien holds the position of Chief Finance & Risk Officer at APG (Algemene Pensioen Group).

    From 2002 to July 2007 Angelien was CEO of ING Investment Management Europe, where she was responsible for more than EUR 150 billion of assets under management. From 2001 to 2004, Angelien worked as global Chief Investment Officer. From 1992 to 2001, she served in various positions at Robeco Group. Before joining the asset management industry, Angelien pursued an academic career.

  • Meliha Duymaz

    Non-Executive Director

    Meliha is the Managing Director for Anglia Route Network Rail since July 2017. Before joining Network Rail, she worked for a diverse range of organisations including Serco Plc in the Docklands Light Railway, public relations group Hunstworth Plc and as an auditor in Turkey.
    Having spent 17 years as a finance professional in various industries, Meliha has extensive experience in franchising & bidding, outsourcing, financial and commercial management in complex organisations.