RPMI Railpen appoints Michelle Ostermann as Chief Fiduciary Officer, Investments

12 September 2018

RPMI Railpen has announced the appointment of Michelle Ostermann as Chief Fiduciary Officer, Investments with effect from 1 January 2019. 
Michelle will be responsible for determining the high-level investment strategy and risk appetite of the £28bn railway pension schemes, and defining the range of our internally managed pooled funds.  
She will work closely with the Investment, Funding and Covenant teams in proposing tailored solutions for the multi-employer sectionalised schemes. Michelle will also be responsible for our Sustainable Ownership strategy and client relationship management. 
Michelle previously held the position of Senior Vice President at British Columbia Investment Management, where she was responsible for leading the Corporate & Investor Relations team. She brings over 25 years of experience in the Canadian pensions, investment and insurance industries, and has previously held senior positions at Manulife and Sun Life Global Investments. Michelle is also the Vice Chair of the Board of Directors of the Pension Investment Association of Canada.  
Julian Cripps, Managing Director at RPMI Railpen said: “We are delighted to announce Michelle’s appointment to the role of Chief Fiduciary Officer, Investments.

"Michelle brings a wealth of international experience to RPMI Railpen and her proven track record of leading teams to deliver best practice across the institutional investment industry will be invaluable as we continue to fulfil our mission to pay members’ pensions securely, affordably and sustainably.” 
Michelle Ostermann added: “I am very excited to be joining RPMI Railpen, which is recognised globally as an innovative leader among institutional investors. I look forward to working closely with colleagues across the business to ensure that the scheme continues to deliver great outcomes for members.”  
RPMI Railpen appoints Michelle Ostermann as Chief Fiduciary Officer, Investments

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