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Meet the Trustees

The Scheme Trustee is a corporate body that has overall responsibility for the running of the Scheme.   

Anything affecting the Scheme as a whole is considered by the Trustee, including: 

  • investment beliefs and objectives;
  • valuation outcomes;
  • developments in pensions legislation or regulations;
  • changes to the Scheme rules; and
  • the appointment of advisers.

The Trustee meets at least four times a year, or more often if required, and delegates certain responsibilities to sub-committees. 

Below is a brief introduction to the members of the Trustee Board.

Your Trustees

  • Paul Bridgeman

    Paul Bridgeman

    Paul started in the Nuclear industry in 1969 at UKAEA Winfrith before joining the CEGB in 1971. He retired in 2011 after working as a Health Physicist, Outage Manager, Head of Maintenance and Production Manager/Plant Manager positions at Hinkley Point A, Berkeley, Oldbury and Dungeness A Power Stations.

    Paul was selected as a Trustee from January 2018.
  • Andrew Clare

    Andrew Clare

    Andrew is Professor of Asset Management at the Sir John Cass Business School in London and he was a Senior Research Manager in the Monetary Analysis Department of The Bank of England. Andrew is a published author and experienced independent trustee.

     

  • Ceri Davies

    Ceri Davies

    Ceri has worked in the Nuclear Industry since the mid-1980s. In addition to gaining broad based experience through a number of operational roles at Sellafield and a range of engineering, commercial and waste management roles within Magnox, he has a degree in Chemical Engineering and an MBA.

    Ceri is an active member of the ESPS Scheme and has been a member representative Trustee since his initial appointment in 2014. He has re-committed to the role until 2024 (at least) following his recent re-selection.

  • Gordon Frisby

    Gordon Frisby

    Gordon is a chartered accountant, with 30 years’ experience of working in financial and operational roles within a variety of multinational companies. Gordon joined Magnox in the role of Finance Director from September 2019. He also acts as a non-executive director of an independent wealth management company.

  • Nick Gore

    Nick Gore

    Nick joined the CEGB in 1971 and spent virtually all of his career in operations. He had spells at Trawsfynydd, Oldbury, Dungeness A and Wylfa nuclear power stations. Nick retired in 2012 and was appointed a trustee in 2015.

  • Fergus Hall

    Fergus Hall

    Fergus was elected as a Retired Member Nominated Trustee Director in January 2012. He was Head of Pensions at Magnox until his retirement in July 2011. He joined the CEGB at Carlisle Power Station and worked in Human Resources for most of his 39-year career with the CEGB, Nuclear Electric and Magnox.

  • Susan Jee

    Susan Jee (Chairman)

    Susan is a non-executive director of Magnox Limited. She is a chartered accountant who retired 10 years ago after being with BNFL for 17 years, latterly as Group Finance Director. She continues to work with the Department of Business on the wind-up of BNFL.

    She chairs another pension scheme, is Chair of a local Further Education College and a non-executive director of a Building Society and a small charity.

    Susan is chairman of the Magnox Electric Group Trustees.

  • Martin Turner

    Martin Turner

    Martin was appointed as a Retired Member Trustee Director in January 2020 following his retirement in 2013. He has worked in the Electricity Industry (CEGB, Nuclear Electric and Magnox) since 1973 but has had a period of 8 years working in the private sector as a technical consultant.

    Within the Industry, Martin has been attached principally to headquarters locations with a number of technical roles but he has also spent time based at power station sites, namely one year at Hartlepool and seven years at Wylfa; his final role was as a Senior Engineering Consultant (Safety Case) at Wylfa. His principal contribution was in providing technical leadership to the projects justifying continued operation of Magnox power stations.

     

  • Martin Veasey

    Martin Veasey

    Martin is a professional trustee writing and working in the corporate and charity sectors. He was appointed as a trustee to the pension scheme in 2017.

    He holds the Award in Pension Trusteeship qualification from the Pensions Management Institute and the Investment Management Certificate. Before working in pensions, Martin spent over twenty years working in the areas of banking and investment management.

  • John Vickerman

    John Vickerman

    John joined Magnox as HR Director in September 2019. He has more than 30 years' international experience in rapid growth and change businesses worldwide, in the UK, Europe, Asia and Middle East.

    He is a Fellow at the CIPD and St George’s House Windsor, and a non-executive Director / Advisor to two external businesses. He is also an executive coach at Henley College.
  • Chris Wells

    Chris Wells

    Chris started in the Nuclear Industry in 1981 with the CEGB at Dungeness A and has undertaken a number of roles at Dungeness within maintenance, engineering, safety management, outage management and projects.

    He is currently a project manager within the plant and structures programme and has managed projects that include; post shutdown POCO, demolition projects including  admin building, turbine hall and ancillary buildings and is currently the project manager for the thermal insulation removal project.

    Chris is an active member of the ESPS scheme.