TPR appoints Nausicaa Delfas as Chief Executive

Delfas, who will start in the role at the end of March 2023, joins TPR from her current role as Executive Director, governance, at the Financial Conduct Authority. She is also the former interim Chief Executive and Chief Ombudsman of the Financial Ombudsman Service. 

She will lead TPR as it continues to implement a raft of new high-profile initiatives designed to improve outcomes for savers, from pensions dashboards to the new DB Funding Code;

and tackling criminal activity as the scammers look to cash in as the cost-of-living crisis sets in.

Sarah Smart, Chair of TPR, said: “Following Charles Counsell’s announcement in June that he was stepping down in March 2023, we have been running an extensive selection process to find a new CEO.

Read more: Government report on IR35 reform figures ’flawed’, experts suggest

“I am thrilled to appoint Nausicaa Delfas to the role at a time when the pace of change in the pension industry shows no sign of slowing. Nausicaa has a proven track record of delivering transformational change, and her background in governance will be vital as we ensure those who deliver pension savings are meeting the challenges of new legislation, and as we continue to improve our effectiveness by becoming a more data and technology-led organisation.   

“I am confident Nausicaa will put value for money, equality and diversity and a determination to tackle wrongdoing at the core of her priorities to help us fulfil our commitment to protect savers and develop as an organisation fit for the future. 

Read more: TPR publishes draft DB scheme funding code 

Nausicaa Delfas said:  “I am delighted to be joining TPR as CEO at a time of significant change and challenge. Saving effectively for the future is essential for everyone. TPR plays a key role in protecting work-based pensions and the post-retirement income of over 30 million people.  I look forward to leading this organisation in its critical work."