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Jersey Teachers' Superannuation Fund: Board of Management: Appointments

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A decision made 20 November 2015:

Ministerial decision reference      MD-C-2015-0128 

Decision summary title 

Jersey Teachers’ Superannuation Fund: Board of Management

Decision summary author

Projects Director – Pensions

Is the decision summary public or exempt?  

Public

Report title

Jersey Teachers’ Superannuation Fund Membership of the  Management Board

Report author or name of

person giving report

Projects Director – Pensions

Is the report public or exempt?

Public

Decision and reason for the decision

The Chief Minister approved the following nominations to the Jersey Teachers’ Superannuation Fund Management Board to act as representatives for the Employer and Employees side for 2016, 2017 and 2018. Please note there is one vacancy on the employer’s side which will be recruited to in the near future.

 

Employer Nominees     Employee Nominees

 

Mr Terence Le Sueur OBE (ESC)    Mr Mark Bardsley (NASUWT)

Mr Thomas McKeon (ESC)    Mr Christopher Beirne (JAHT)

Mr John Mills CBE (CMD)    Mr Gary Burton (NUT)

Mr Daniel Thebault (CMD)    Mr Adrian Desmond (NASUWT)

Mr Jason Turner (TRY)     Mr Robin Dupre (ATL)

Vacant Position (TRY)     Mr Terence Shaw (NASUWT)                     

Resource implications

There are no financial or manpower implications.

Action required

Project and Research Officer CMD to advise the Projects Director – Pensions of the Chief Minister’s decision.

Signature

 

 

 

Position

Senator I J Gorst

Chief Minister

 

 

 

 

Date signed

 

Effective date of the decision

 

Jersey Teachers' Superannuation Fund: Board of Management: Appointments

 

          

EMPLOYER NOMINEES

 

 

Mr Terence Le Sueur OBE - Mr Le Sueur will be known to Members as a former States Member with particular experience in the field of pensions generally.   He brings considerable experience to this role from a variety of perspectives.  Having previously been a member of the States Employment Board, and latterly its chairman, he has an understanding of employer needs in this area.

 

As President for several years of the Employment and Social Security Committee, and more latterly with the Treasury function, Mr Le Sueur has had many years practical experience in the analysis of actuarial advice and valuations relating to pension schemes, and is well up to date with current thinking in these matters. He was also involved as a political representative on various fund investment sub-committees. Previously Mr Le Sueur spent many years as a practising Chartered Accountant before retiring in 2000.

 

Mr Le Sueur has the requisite experience, skills and background to act in the capacity of representative of the Employer’s side of the Public Employees Contributory Retirement Scheme Committee of Management.

 

 

Mr Thomas McKeon – Mr McKeon held the post of Director of Education, Sport and Culture for 10 years, prior to which he was Assistant Director (Schools and Colleges) from 1992 to 1997. His earlier career was in schools in the United Kingdom, followed by two headships in the Island. He was awarded a Bachelor of Education by the University of London and post-graduate study includes a Master of Business Administration undertaken with Henley Management College. Mr McKeon was first appointed to the JTSF Management Board in 2007.

 

 

Mr John Mills CBE - Mr Mills’ 33 year public service career, until his retirement in 2007, included appointments as Director of Rural Policy at the Department for Environment, Food and Rural Affairs, as Chief Executive, Policy and Resources, States of Jersey, and as Chief Executive of Cornwall County Council. Earlier in his career his roles in the UK Home Civil Service included Director of Consumer Affairs at the Office of Fair Trading and a three year spell as a member of the Prime Minister’s Policy Unit, serving both Mrs Thatcher and John Major. He also spent five years in the 1980s on secondment to the Government of Hong Kong.

 

Mr Mills is a non-executive director of Ports of Jersey Ltd and of the Channel Islands Financial Ombudsman. He is also a Tax Commissioner of Appeal and chairman of the States Members Remuneration Review Body.

 

He studied at the University of Oxford, where he took first class honours in Modern History in 1971, subsequently being elected as Domus Senior Scholar at Merton College.

 

 

Mr Daniel Thebault - a Jerseyman, after studying to post graduate level at Imperial College of Science and Technology, Daniel Thebault joined a major International bank and spent much of the next 15 years in management roles in different parts of Africa, Central America and Europe.

 

He then returned to Jersey to join Hambros Bank and, over the next 15 years, was part of its senior management team, gaining further extensive investment experience on the international front and as a director of the banks fund management business. As well as his banking background, he also became a member of the Securities Institute and the Society of Trust and Estate practitioners (STEP).

Since retiring in 2003, Mr Thebault has undertaken various local and overseas consultancy assignments, worked with the investment arm of the major Austrian Bank Raiffeisen, and more recently, a boutique corporate high yield bond manager from New York. He also regularly lectures on cruise ships and is a committee member of the Channel Islands Securities Institute.

 

 

Mr Jason Turner – Mr Turner is currently Deputy Treasurer of the States and Director of Finance for the Health and Social Services Department.  He has worked for the States since 2000, previously holding senior finance posts within the Treasury and Department of Health and Social Services.  He is a member of the Chartered Institute of Management Accountants. Mr Turner was first appointed to the JTSF Management Board in 2007.

 

 

EMPLOYEE NOMINEES

 

 

Mr Mark Bardsley - Lecturer at Highlands College, nominated and fully supported by the NASUWT. Mr Bardsley is qualified in Mechanical Engineering and has been teaching the mechanics of Mathematics to school leavers to adult education at Highlands College since September 2014.

 

 

Mr Christopher Beirne – Headmaster of Beaulieu School nominated by the Jersey Association of Headteachers (JAHT). Mr Beirne was first appointed to the JTSF Management Board in 2007. Mr Beirne is also a member of the States of Jersey Complaints Panel.

 

 

Mr Gary Burton – is a Teacher at Victoria College nominated by the National Union of Teachers (NUT). Mr Burton was first appointed to the JTSF Management Board in 2007 and has served on both the Investment and Audit Sub-Committees as well as the Appointments Panel for the Chair, and he is currently a JTSF attendee at the Treasury Advisory Panel for the States of Jersey Common Investment Fund.  

 

 

Mr Adrian Desmond - Lecturer at Highlands College, nominated by  a member of the board and fully supported by the NASUWT. Mr Desmond is a qualified electrical engineer and has been teaching electrical installation at Highlands College since 1998.

 

 

Rev'd Robin Dupré – Assistant Minister at Grouville Church, retired teacher from Hautlieu School nominated by the Association of Teachers and Lecturers (ATL). Mr Dupré was first appointed to the JTSF Management Board in 2007.

 

 

Mr Terence Shaw - Teacher at Beaulieu School nominated by the National Association of Schoolmasters Union of Women Teachers (NASUWT). Mr Shaw was first appointed to the JTSF Management Board in 2007, he also serves on the Ill-Health and Publications Sub-committee, and as a previous member of the Board has the relevant knowledge and experience for this appointment.

 

 

 

 

 

 

MB/TRY/PENS

17 November 2015

 

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