The Pensions Trust has enlisted David Lane, whose career in the finance sector has spanned more than 26 years, as its new chief finance officer.

Lane entered the newly-created role this month and will work closely with the Trust’s board, leading finance management and management of risk and governance. He will be responsible for the Trust’s £5.5bn of assets and communication with the 2,400 voluntary sector employer organisations who use the Trust’s pension services.

Lane has some experience in the field of pensions, having been chair of the Stanley Tools pension scheme and a member-nominated trustee for the Jacuzzi UK retirement benefits scheme. In his career he has diversified across the consumer goods, construction and legal sectors and progressed from management accountant for Northern Foods in the 1980’s to chief financial officer at legal firm Minster Law last year.

Stephen Nichols, chief executive of the Pensions Trust, said of Lane’s appointment: “David will be a great addition to the Pensions Trust and the support he will provide the trustee board will be invaluable. Leading and developing the strategy and operations of the Trust’s financial policy and communication with employers is crucial in ensuring we are able to provide the best possible pension solutions for the charitable and voluntary sectors.”