One of the largest pension fund managers in the UK has announced the appointment of its new chief executive, as the current CEO leaves his role little over a year after his appointment in February 2018.

In a statement on January 29, RPMI announced that John Chilman is set to become its new chief in June. The firm manages around £28bn of pension assets for railway workers, overseeing a lengthy roster of fund managers including Legal & General Investment Management, BlackRock, AQR Capital Management and Blackstone.