Permanent CEO of Nest

• Nest Corporation has today announced that Ian Cornelius has been appointed permanent CEO
• Ian has served as the interim CEO of Nest since May 2024

Nest Corporation has appointed Ian Cornelius as Chief Executive Officer (CEO) of the pension scheme. Nest currently invests around £50 billion on behalf of its more than 13 million members, making it one of the UK’s largest pension schemes.

Ian has been Interim CEO of Nest since May 2024, during which time he has overseen the development and implementation of the scheme’s 2030 corporate strategy and new purpose: building financial peace of mind for all.

Commenting on the appointment, Ian Cornelius said:

“I am honoured to be appointed as Nest's permanent CEO. Working with such a dedicated team has been a privilege, and I'm excited for what lies ahead. 

“Nest members are my top priority. We remain committed to providing the support and security they need in pursuit of our purpose - building financial peace of mind for all. Together, we will continue to strive to make a positive impact on their lives, to be a force for good and to build a brighter future for all.”

Brendan McCafferty, Chair of Nest, said:

“The Board and I are delighted that Ian has been appointed Nest’s permanent CEO. His expertise and insight have already accelerated Nest’s purpose-driven plans that put our low to middle income members at the heart of everything we do.

“One of Ian’s achievements since joining Nest has been the expansion of our executive team, with a focus on bringing in fresh perspectives. By fostering inclusivity and transparency, he has built a stronger organisation better equipped to serve our members with excellence.”

Before joining Nest, Ian had served as Interim Group CEO at Skipton Building Society - a mutual owned by its members – having previously been Skipton’s Commercial & Strategy Director for a decade.