Frank Oldham is a non executive director and works with ITS as an independent trustee.
He has substantial experience of managing DB risk both as a Trustee Director of the £multi-billion MMC UK Pension Fund, which recently completed a £3.4bn longevity risk transfer, the UK's largest such transfer since 2014 and as an experienced pensions professional. As a Senior Partner he successfully led Mercer's DB risk consulting and solutions globally from 2010 until his retirement, from them in March last year.
In that role Frank was responsible for the launch of innovative solutions such as the Mercer pension Risk Exchange and SmartDB, a longevity solution for mid sized clients. He is also a non-executive Director of Robus Insurance ICC (a captive set up to facilitate longevity transactions) and is experienced in all aspects of longevity risk transfer.
Before becoming a Trustee himself, Frank provided advice to many well known organisations, both as a Scheme Actuary and experienced corporate advisor.