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RBS Appoints New Pensions Head

Royal Bank of Scotland has hired Ray Martin as group head of pensions and benefits.

    Royal Bank of Scotland(RBS) has hiredRay Martinas group head of pensions and benefits,Financial Newsreports. Based in Edinburgh, he will be responsible for handling the group’s £19 billion pension fund. He will make decisions on the benefits offered to RBS staff.

    He will replacePeter Hurcombe, who left earlier this year to become head of benefits atBP.Martin will report to group rewards directorPippa Lambert. Previously, Martin was vice president of U.K. pensions at courier groupDHLand chairman of the U.K.National Association of Pension Fundsinvestment council, addsProfessional Pensions.

    Click here for the story fromFinancial News.

    Click here for additional coverage fromProfessional Pensions.

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