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LifeSight appoints Monica Kalia to its UK Trustee Board

Mervyn Walker to step down as a LifeSight Trustee following completion of an eight-year term.

London, 28 September 2023 – LifeSight is delighted to announce the appointment of Monica Kalia to the LifeSight UK Trustee Board. Monica’s appointment will commence on 1 October 2023 and she will replace Mervyn Walker who is stepping down on 31 December 2023 after eight years as a LifeSight Trustee Director.

Monica Kalia is a financial services executive with over 30 years of experience in the finance and fintech industries. She was the Founder and Managing Director of Neyber, a multi-award winning fintech firm focused on financial wellbeing and now serves as a Non-Executive Director on the Board of the Money and Pensions Service.

Monica is a consumer champion and has served as a Trustee for the debt charity, StepChange, and as a panel member for the Government’s independent review into Access to Cash. She has also been recognised by Forbes as one of the top female leaders in fintech and by the FT as one of the Top 100 most influential BAME leaders in UK tech.

Earlier in her career, Monica was Co-Head of the European Banks research team at Goldman Sachs.

Simon Ellis, Chair of LifeSight’s UK Trustee Board, said: “LifeSight has always been committed to combining a range of diverse talents, skills and backgrounds on its Trustee board and so we are extremely pleased to welcome Monica onto the Board. Monica brings a unique range of entrepreneurial experience, combined with deep rooted financial expertise and an unwavering commitment to championing the financial wellbeing of consumers. Her talents and values fit perfectly with LifeSight’s own ambitions and principles.

“I would also like to take this opportunity to thank Mervyn Walker for his commitment and support for LifeSight since its inception in 2015. Mervyn has helped guide LifeSight through huge change and development in the UK master trust market during that time. His contribution as a Trustee Director, and commitment to good governance in particular, has helped to ensure the best possible experience and outcomes for LifeSight members.”

Monica Kalia, incoming member of the LifeSight UK Trustee Board, added: “I am delighted to be joining the LifeSight Trustee Board. LifeSight has blazed a trail in the burgeoning UK master trust market for nearly a decade. I look forward to bringing my experience in financial technology and consumer wellbeing to help LifeSight develop further in this fast-changing part of the UK pensions and savings landscape.”

Mervyn Walker, outgoing member of the LifeSight UK Trustee Board, said: “It has been a great privilege to be part of LifeSight’s development from fledgling master trust to industry leader. I am proud to have served on a Trustee Board that has always put the experience and engagement of members, and the financial outcomes for their retirement savings, first and foremost. I wish LifeSight and its members every success for the future.”