The Railways Pension Trustee Company has appointed John Chilman chairman.
He succeeds Derek Scott, who will retain his role as an employer director of the Railways Pension Scheme (RPS).
Chilman has been a trustee director of the RPS since 2007. He is currently group reward and pensions director at FirstGroup.
His 20 years’ experience in the industry includes spells as head of reward at HBOS, associate director of recognition and reward at FirstGroup, head of management accounting and management information development at Shell, financial controller at SWEB Gas, and assistant manager at PricewaterhouseCoopers.