Financial services UK Limited Pension Scheme

Meet the Trustees

Mercedes-Benz Financial Services UK Limited Pension Scheme is looked after by a Trustee company, Daimler Financial Services UK Trustees Limited. The directors meet formally as a board three times a year but also meet regularly in their sub-committees and project working groups.

The Trustee makes sure the Scheme’s assets are looked after properly and pension benefits are paid to the right people, at the right time. They work with a number of independent experts who provide advice around investments, risk and governance.


Sub-committees

In addition to the Trustee Board, some trustee directors sit on at least one of the two sub-committees that focus on managing a specific area of the Scheme.

  • Investment sub-committee: Manages the Scheme’s assets to ensure all members’ pension benefits can be paid now and in the future
  • Governance and risk sub-committee: Ensures consistency and mitigates risks in the management of the Scheme

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Chair of the Trustee Board

  • Andy Harrison

    Independent Director (The Law Debenture Pension Trustee Corporation plc)

    Andy Harrison is the Chair of the Trustee Board and was appointed as a Company Nominated Director in February 2018. He has been a professional trustee for 3 years and represents the Law Debenture Pension Trustee Corporation plc. Prior to this, he spent almost 10 years in investment banking and nearly 20 years in investment management. Andy is also a member of the Investment Committee. In his spare time, he enjoys music, walking and craft beer.

    Date of Appointment: 20 February 2018


Member Nominated Directors

  • Jo Smith

    Jo Smith was appointed as a Member Nominated Director in December 2018. She joined Mercedes-Benz Financial Services UK in 2001 with a finance and leasing background, and currently works in the Quality and Operational Excellence team. Jo is also an active employee forum representative. Outside work, she enjoys going to the gym and spending time with family and friends.

    Date of Appointment: 7 December 2018

  • Graham Venables

    Graham Venables was appointed as a Member Nominated Director in May 2002. He is Chair of the Governance and Risk sub-committee and is a member of the Investment sub-committee. Graham joined Mercedes-Benz Financial Services UK in 1998 and currently works in the Retail and Collections Management team. Outside work, Graham enjoys Nordic walking and is a Scout leader.

    Date of Appointment: 13 May 2002


Company Nominated Directors

  • Clare Booth

    Clare Booth was appointed as a Company Nominated Director in October 2016. She has worked for Mercedes-Benz Financial Services UK for eight years and is now Head of Reward in Mercedes-Benz Cars UK. Clare enjoys being a busy mum to two young children and spending time with her family and friends.

    Date of Appointment: 1 October 2016

  • Doug Moody

    Doug Moody was appointed as a Company Nominated Director in February 2016 and he is a member of the Investment sub-committee. He has been with the Daimler Group for 23 years and he is currently Managing Director of Daimler Insurance Services. In his spare time, he enjoys travelling, watching live music and playing the guitar.

    Date of Appointment: 1 February 2016

  • Nick Busfield-Birch

    Nick Busfield-Birch was appointed as a Company Nominated Director in March 2020 and he is a member of the Governance sub-committee. He currently serves as Head of Customer Contact for Mercedes-Benz Financial Services UK. In his spare time, Nick is a Parent Governor at his children’s school and an FA Qualified football coach, managing the under-9 team for which his eldest son plays.

    Date of Appointment: 1 March 2020