Border to Coast appoints new CFO

Author: LAPF Investments | Published: April 8, 2026

Border to Coast has announced the appointment of Stephen Hampson as the pool’s new chief financial officer (CFO).  

Bringing with him more than 20 years of experience in the insurance industry – having held senior positions at both Standard Life and Aviva – he joins at what is a pivotal moment for the pool as it expands to become the UK’s largest asset owner.  

His appointment, according to the pool, will strengthen its executive team, helping to ensure Border to Coast continues to deliver for its LGPS partner funds.  

Reflecting on his appointment as the pool’s CFO, Hampson said: “It’s an exciting time for Border to Coast and the LGPS more widely, with significant changes being enacted as part of the government’s Fit for the Future reforms.  

“I look forward to working with the executive team, board, partner funds and wider colleagues as we focus on delivering value for members and making a difference for the LGPS.” 

Hampson will, subject to shareholder approval at the pool’s AGM in the summer, join the organisation’s board and will replace Fiona Miller – who is due to retire from her executive role in late 2026 – as Border to Coast’s deputy chief executive.  

Rachel Elwell, chief executive at Border to Coast, said: “It is fantastic to have Stephen on board at this important time for Border to Coast as we expand and strengthen our operations. He will benefit from Fiona’s learnings and experience ahead of her planned retirement.    

“Fiona has been integral to Border to Coast’s story since day one. From mapping out the earliest principles of pooling for our partnership to guiding our teams through our recent expansion, Fiona has been a strong and influential leader.  

“She is a trusted voice not only in our partnership, but across the LGPS, and I would like to thank her for her vision and leadership. She leaves the organisation in a strong position to support the evolving pensions system.”  


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