New Non-Executive Director appointed at the Money and Pensions Service

Alex Heath, who has been on the MaPS Board since March 2021, has given the Board notice of his intention to step down as his term of appointment ends in February 2025.

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. 

Richard will join the MaPS Board, chaired by Sara Weller CBE, alongside NEDs Alex Heath, Marlene Shiels, Monica Kalia and Simon Hamilton, Chief Executive Officer Oliver Morley CBE, Chief Financial Officer Mal Singh and Executive Director for Customer Delivery Zoe Burns-Shore. 

Richard Harvey has over 35 year's experience at the forefront of global Retail Banking. Richard has held senior roles at Barclays and GE and most recently led the large-scale digital transformation of payments and lending at HSBC. He has also worked with a number of innovative tech businesses including Divido  (lending software), Nova credit (international credit bureau) and Biocatch (biometric technology). He is also a Trustee Director at Runnymede and Spelthorne Citizen’s Advice, gaining first-hand experience of the challenges facing those most in need and who MaPS supports through its debt and money advice.

Sara Weller, Chair of MaPS said:  

“I am delighted to welcome Richard to the MaPS Board. He brings a wide range of experience from different sectors supporting the existing expertise across the MaPS Board and Executive Committee. I look forward to working with him, and our partners, to ensure MaPS continues to be at the forefront of helping people make sense of their money and pensions.

“I would also like to take this opportunity to thank Alex Heath for his invaluable work for MaPS, ahead of him stepping down in early 2025."

Richard Harvey said:  

"The Money and Pensions Service has a vital role in helping people make the best use of their money. I look forward to playing my part in this by supporting MaPS in its digital transformation, ensuring as many as customers as possible are reached and benefit from our services." 

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Membership of the Board:

• Sara Weller CBE, Chair 
• Oliver Morley CBE, CEO  
• Mal Singh, Chief Financial Officer 
• Zoe Burns-Shore, Executive Director for Customer Delivery  
• Alex Heath, Non-Executive Director 
• Simon Hamilton, Non-Executive Director 
• Monica Kalia, Non-Executive Director 
• Marlene Shiels, Non-Executive Director 

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.