The Department for Work and Pensions will replace outgoing chairman David Norgrove (pictured) with Michael O’Higgins.
O’Higgins has been chairman of the Audit Commission since October 2006, and is also a non-executive director of HM Treasury and chairman of the Treasury Group Audit Committee. He is also the chair of the youth homelessness charity Centrepoint, having been on its Board of Trustees since 2002. He was recently appointed a visiting professor of Economics at the University of Bath.
He says: “At the top of my in-tray will be helping employers get to grips with their new duties to auto enrol staff from 2012, that all types of pension scheme are well run with members’ interests at the centre, and that risks to members and the Pension Protection Fund are properly managed.”
O’Higgins will officially take on the role from January 1, 2011.