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Chief Executive Church of England Pensions Board

Please Note: The application deadline for this post has now passed.


The Church of England Pensions Board provides retirement services for those who have served or worked for the Church.  It is the Trustee of four pension schemes, and administers pensions for over 38,000 people working for more than 450 employers.  In addition, it is a charity which houses around 2500 retired clergy and their dependants, mainly through the provision of affordable rental housing, shared ownership, and supported living schemes.  Pensions and charitable funds under investment total in excess of £2.3bn, and the Pensions Board actively engages with companies it invests in, in line with its ethical investment policies.

Post Introduction

To work with the Chairman and the Board to create and deliver the CEPB’s vision, aims and business plan.  To lead a strong staff team in the delivery of professional, high quality and efficient retirement services for those who have served or worked for the Church of England.   Key accountabilities are:

  • The overall management and development of all the CEPB’s areas of responsibility
  • Effective delivery of the CEPB’s statutory and other duties, ensuring that policy decisions take full account of advice from its professional advisers;
  • Shaping, developing and continuously improving the organisation to provide quality services for customers;
  • Leading, motivating and developing the organisation’s staff; and  
  • Delivering the CEPB business plan, shaping the agendas of the Board and its Committees
  • Playing a key ambassadorial and representational role for CEPB, engaging with diverse stakeholder groups
  • As part of the wider NCIs leadership team, actively contributing to the wider strategy and leadership of the NCIs

Role Responsibility

Investment Management

  • With the CEPB’s Investment Committee and Chief Investment Officer, overseeing the management of c. £2.3bn funds under investment
  • With the CEPB’s actuaries and investment advisers, ensuring that the Investment Committee and Board receive high quality investment strategy and policy advice which takes into account the liabilities of the pension funds and the objectives of the charitable funds
  • Supporting the delivery of the Board’s objective to be a leading ethical and responsible investment fund, including managing in house teams on ethical investment policy development, corporate engagement against our ethical investment policies.

Pension Schemes

  • Overseeing liaison with the CEPB’S appointed actuary on the periodic valuation of the pension funds, advising the Board, and engaging with the participating employers on funding and policy implications that arise
  • Supporting any work that may be required to design new pension scheme structures
  • Ensuring that pension scheme administration reflects a good understanding of the needs of customers, is carried out to a high standard, and that appropriate controls and processes are in place

Retirement Housing and Charitable Funds

  • Ensuring that the CEPB’s charitable funds, which are the vehicle through which the CEPB’s retirement housing scheme is secured, are tightly managed, appropriately invested and suitably prioritised
  • Overseeing the management of housing funding, including ensuring that the CEPB meets its financial covenants under its current loan arrangements, and working with corporate finance advisers to secure further finance for the future
  • Ensuring that the CEPB’s housing offering (including its supported housing network) for retired clergy is managed and developed in ways that respond to their needs and utilise the available subsidy to best effect
  • Overseeing the development and implementation of CEPB’s property assets management strategy, including procurement and management of property maintenance/repair contracts

Board Governance and Administration

  • Ensuring that the CEPB complies with all regulatory requirements, including those of the Pensions Regulator and the Charity Commission
  • Ensuring that the CEPB takes an active and engaged role in the ownership of its strategic risks
  • Overseeing the management of the combined risk management and internal audit service on behalf of all the NCIs
  • Working in partnership with the CEOs of the other NCIs to formulate policy for the NCIs as a whole, and to ensure that together they continue to deliver improved coherence and efficiency for the Church of England
  • Representing the CEPB/leading on CEPB matters on a range of Church of England Boards and Committees, the Inter-Diocesan Finance Forum and General Synod.
  • Keeping abreast of national/international policy and regulatory changes affecting the CEPB’s operations and services, and ensuring that their implications are understood and applied
  • Building credibility, engaging with and working across a wide range of stakeholders and stakeholder groups, often at a national level 

The post holder needs to be comfortable that worship and prayer will take place at some of the meetings they attend

The Ideal Candidate

Knowledge and experience


  • Substantial senior leadership experience of operating at Board or equivalent level, working with and influencing diverse Boards and Committees and contributing effectively to wider corporate issues
  • A substantial track record of delivering outstanding performance at very senior level in a complex organisation, with multiple services, including experience of leading and delivering successful change.   
  • Evidence of having operated successfully at a senior level in a complex multi-agency/multiple stakeholder environment, and of having developed effective and enduring relationships with a range of external partners and professional advisors to achieve organisational objectives
  • Proven experience of using strong and inspirational leadership to bring about service improvement within an organisation of at least similar size and complexity
  • A track record of leading and developing corporate strategy, business and financial planning, together with evidence of the ability to drive efficiency and performance
  • Extensive experience of selecting and managing staff, including a track record of harnessing the strengths and potential of people at all levels of the organisation and maintaining a strong and motivated senior team


  • Experience of working at senior level in the pensions, investment or social housing sectors.
  • Skills, abilities and personal style  
  • A strong appreciation of the CEPB’s role, and a genuine commitment to both the CEPB’s vision and the NCI values
  • High intellectual capacity, and financially astute.  Able to assimilate, analyse and interpret information, including complex financial data, quickly, identity priorities and act on them. 
  • Strong political acumen and comfortable working with uncertainty or ambiguity.  Able to work effectively across organisational boundaries, while demonstrating both sound judgement and independence of mind
  • Exceptional leadership and management skills, including inspiring and motivating others to reach their full potential
  • A natural ambassador, with strong influencing and communication skills, and the ability to build effective alliances and collaborative relationships. 
  • Possessing the highest levels of personal credibility, a trusted and inspirational presence who engages and commands the confidence and respect of others
  • Unimpeachable integrity, with a clear commitment to maintaining the highest personal and professional standards, appropriate to the ethos of the Church of England
  • Respects the role of the Church of England in society

Strong personal commitment to diversity and inclusion in employment and service delivery, with a caring and respectful attitude to people and strong emotional intelligence


Please note before applying:

Your application will be shared with our Recruitment Partner Gatenby Sanderson and they are conducting the process on our behalf. If you would like to discuss this role further you can do so by contacting 

Katrina Paget - 020-7426-3994

Juliet Brown - 0113-205-6089

About Us

We in the National Church Institutions support the mission and ministries of the Church all over England. We work with parishes, dioceses (regional offices), schools, other ministries and our partners at a national and international level.

Excellence, Respect, Integrity

We follow these three values in everything we do, whether we are of Christian faith, another faith or no faith.

Benefits - We offer a competitive salary package, a flexible* 35-hour working week for work-life balance and a minimum 25 days’ holiday plus 3 defined organisational day’s leave and an attractive defined pension scheme.

We are committed to building a culturally diverse workforce and strongly encourage applications from underrepresented groups.  We are committed to equality of opportunity and welcome applications from people, regardless of their background.

*Where applicable depending on post requirements.

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