Head of Pension, Fund, Treasury and Capital
Barking and Dagenham Pension Fund has appointed a new Senior LGPS Officer to meet regulatory requirements, following recent underperformance.
The Barking and Dagenham Pension Fund recently appointed Nemashe Sivayogan as its Senior LGPS Officer in September 2026, a new role mandated by "Fit for the Future" proposals. This regulatory requirement ensures a dedicated officer with overall responsibility for all pension functions, a position that cannot be held by the Section 151 Officer or Monitoring Officer. This appointment follows the departure of Nick Vickers, the previous Head of Pension Fund, Treasury and Capital, in July 2026.
The fund's performance has been a recent focus, with a report to the Pensions Committee in September 2026 indicating underperformance against its benchmark for the quarter ending June 2026 and over the preceding 12 months. Councillor Caleb van Ryneveld questioned the reasons for this, despite strong overall returns. The committee had previously delegated approval of an investment management agreement to the Strategic Director of Resources in June 2026.
Key facts
- Nemashe Sivayogan was appointed Senior LGPS Officer for Barking and Dagenham Pension Fund in September 2026. Source
- The Senior LGPS Officer role is a regulatory requirement from "Fit for the Future" proposals. Source
- The Barking & Dagenham Pension Fund underperformed its benchmark by 1.36% in the quarter ending June 30, 2026. Source
- Nick Vickers, the Head of Pension Fund, Treasury and Capital, departed in July 2026. Source
- The Pensions Committee delegated approval of an investment management agreement in June 2026. Source
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 30 September 2026. Spotted a mistake? Email community@opencouncil.network.