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Independent Non-Executive Chair Designate

USS

Independent Non-Executive Chair Designate

 

Place of Work: London (with travel to USS's Liverpool office)

 
The Universities Superannuation Scheme (USS), with c440,000 members, and more than £68 billion in assets, is one of the largest private pension schemes in
the UK and in the top 50 worldwide. Established in 1974, USS is entrusted by c340 higher education institutions to manage and administer the pension scheme and its investments through Universities Superannuation Scheme Limited and its wholly owned subsidiary USS Investment Management Limited. With the upcoming retirement from the board of the current chair in summer 2020, USS’s board is currently looking for an independent non executive chair designate who can help navigate the organisation as its business develops to further meet the needs of members and its sponsors.

The Board has significant responsibilities for the governance and oversight of a business providing complex operational and advisory functions within a heavily regulated environment. The Independent Non-Executive Chair will be able to lead the Board and work effectively with the different internal and external stakeholders. He/she must be able to demonstrate exceptional leadership, communication, strategic thinking, influencing, teamwork and decision making skills.

The successful candidate will have expertise in the following areas:

Proven chair and/or committee chair – expert chair skills preferably obtained within a large FCA or TPR regulated organisation and the ability to manage a complex Board with multiple stakeholders.

Stakeholder management skills – proven track record of effective engagement with a broad range of internal and external stakeholders and an ability to command the respect of those groups.

Sector – substantial experience in a senior role in a large scale financial services organisation (or similar industry) or large scale public sector organisation going through a period of significant change, gained in either an executive or non-executive capacity.

Demonstrable knowledge of governance best practice (including the practical application of the Corporate Governance Code and/or TPR’S codes of practice in relation to management/trustee boards).

An appreciation of the contribution of the Higher Education sector (and employees) to the social, cultural and economic well-being of society.

* Independent Non-Executive Chair is required to commit c90 days per annum to the role. Remuneration to be confirmed. Reasonable travel and subsistence expenses are reimbursable.

To apply, please send a copy of your CV and a statement of suitability to responses@russellreynolds.com including the role title and reference number 1907-026L in the email subject line.
  

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