Kathryn Graham, the former head of hedge funds and director of special projects at the BT Pension Scheme, is to join its peer the Universities Superannuation Scheme next week in a senior strategy role in its investment division.

Graham will take up her new role on Monday. Her job title is head of strategy co-ordination, meaning she will be responsible for making sure the USS's trustees asset-allocation decisions are implemented, including overseeing the scheme's external fund managers.