Published on:
06 August 2024
The Money and Pensions Service (MaPS) has announced the appointment to its Board of Jaspal Dhillon, as a new Non-Executive Director (NED) chairing the Audit and Risk Committee (ARAC), following approval from the Minister for Pensions, Emma Reynolds.
The Money and Pensions Service is an arm’s-length body of the Department for Work and Pensions, committed to ensuring that people throughout the UK have the guidance and information they need to make better financial decisions over their lifetime.
Non-Executive members of MaPS Board are responsible for providing oversight, support and challenge to the MaPS Executive team, led by CEO Oliver Morley CBE, in pursuit of its statutory objectives.
Jaspal joins the MaPS Board, chaired by Sara Weller CBE, alongside NEDs Alex Heath, Richard Harvey, Marlene Shiels, Monica Kalia and Simon Hamilton, Oliver Morley CBE, Chief Financial Officer Mal Singh and Executive Director for Customer Delivery Zoe Burns-Shore.
Jaspal Dhillon
Jaspal will bring a broad range of senior leadership experience from across the financial services sector, and as a NED in the public sector. Jaspal is currently leading Strategy and Stress Testing at HSBC and has previously worked for Credit Suisse as Global Regulatory and Audit Team Lead. He has been a NED on the Board of the College of Policing since 2022. Jaspal was also on the Board of the West London NHS Trust, which he stood down from as he joins the MaPS Board.
Sara Weller, Chair of MaPS said:
“I am delighted to welcome Jaspal to the MaPS Board. He brings a wide range of experience from different sectors supporting the working of the Audit and Risk Committee and the existing expertise across the MaPS Board and Executive Committee. I have no doubt his appointment will help continue to ensure that MaPS is at the forefront of helping people make sense of their money and pensions."
Jaspal Dhillon said:
“I am excited to be joining the Board of MaPS and contributing to the organisation’s valuable work helping people, especially the most vulnerable, with their money and pensions.”
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MaPS is an arm’s-length body of the Department for Work and Pensions (DWP) and provides free and impartial money guidance across the UK, as well as debt advice in England. In providing these services, it supports the policy delivery of DWP and HM Treasury.
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