Nest names new chief executive

Helen Dean, Nest

Government-backed pension scheme Nest has appointed Helen Dean to replace Tim Jones as chief executive.

Dean, currently Nest’s executive director of product and marking, will take over the role in the autumn.

Dean was a civil servant for 30 years and joined Nest in 2014 after being seconded to the auto-enrolment provider from the Department for Work and Pensions.

Jones announced he was stepping down as chief executive in February after eight years in the role.

Nest chairman Otto Thoresen says: “The next few years are going to be critical ones in terms of ensuring auto-enrolment goes smoothly for small and micro businesses. Helen’s frontline experience of the challenges we face will be invaluable in helping Nest to navigate that journey.”

Pensions minister Ros Altmann says: “Helen has played a pivotal role in shaping, developing and implementing the Nest pension scheme established to support the automatic enrolment programme.

“Automatic enrolment is designed to affect all UK employers and workers, resulting in up to nine million people newly saving towards their retirement. Over the next two years, Nest’s focus will be on the hundreds of thousands of small and micro employers that will begin to enrol their workers into pension schemes, many of whom will choose Nest.”

Dean says: “Under Tim Jones’ leadership we’ve built very strong foundations so far and I’m looking forward to building on those to help Nest to tackle the next stages of auto-enrolment.”