BTPS APPOINTS MATT DAVIES AS TRUSTEE DIRECTOR
09/06/2025
BTPS APPOINTS MATT DAVIES AS TRUSTEE DIRECTOR
The BT Pension Scheme (‘BTPS’ or ‘the Scheme’) has announced, with immediate effect, the appointment of Matt Davies as Trustee Director. He succeeds Emily Clark who, having left BT, has stepped down from the Trustee Board.
BTPS is one of the UK’s largest company pension schemes with over £35 billion of assets and c.258,000 members. Each year, the Scheme pays out c.£2.8 billion in pension payments to the 212,000 members of the Scheme who are retired and their beneficiaries.
Matt is chief finance officer at Openreach, a position he has held since 2017. He’s a chartered management accountant and before joining Openreach was the chief financial officer for BT Consumer.
He started his career working at ITV where he trained as an accountant, before joining the finance team at Unilever.
Commenting on his appointment, Jill Mackenzie, Chair, BTPS said: “I’m delighted to welcome Matt to the BTPS Trustee Board. His extensive financial leadership experience and deep understanding of the BT Group will be invaluable as we continue to deliver on our commitment to the Scheme’s members. I would also like to thank Emily Clark for her dedicated service. Her insights and counsel have been greatly appreciated.”
Remembering Nigel Cotgrove
The BT Pension Scheme Trustee Board is saddened to announce that Trustee Director Nigel Cotgrove has passed away. He was a former union officer with over 20 years’ experience in pensions and served as Trustee for six years. Known for his dedication to representing members’ interests, he was respected by many in his roles across various organizations.
BT PENSION SCHEME APPOINTS HELEN CHARNLEY AS TRUSTEE DIRECTOR
The BT Pension Scheme has announced the appointment of Helen Charnley as an employer nominated Trustee Director, succeeding David Viles. Helen, previously the Director of Group Audit, Risk and Controls at BT Group, brings deep experience in audit and risk to the Trustee Board.
BTPS Summary Funding Statement
The BTPS Trustee is responsible for ensuring that the Scheme has sufficient funds to pay its liabilities (benefits to members). This Summary Funding Statement provides members with a summary of the latest interim assessment of the Scheme as at 30 June 2024.